Nevis is located just west of the island of Antigua. Nevis and St. Kitts are twin islands that are 101 square miles in length. The currency in this jurisdiction consists of the Eastern Caribbean dollar however it is pinned to the USD. Nevis serves as an excellent offshore jurisdiction that allow that allows tax exemption from revenue made anywhere in the world excluding Nevis. Nevis is a first world country with an excellent infrastructure which includes direct dialing to the U.S, Canada, and Europe as well as many airlines that fly into the airport on the island. Also, recent growth in the construction and tourism sectors of the island has prompted an economic expansion of the island. The key piece of legislation in Nevis is The Nevis Business Corporation Ordinance which was enacted in 1984 modeled after the Delaware corporate statutes. The Nevis Business Corporation Ordinance was created with the needs of the modern day investor at the forefront of the ordinance’s priority. It also places ease on the directors and shareholders as the company’s financial records do not need to be allocated in Nevis, it may be kept outside the country.
Some of the benefits in Nevis include: