Saint Vincent Bank

Welcome to Saint Vincent! A leading location for foreign investment

St. Vincent is rapidly becoming a leading location for foreign investment. The volcanic islands between the Florida Keys and the South American Mainland is very well known for offshore business. Investors will benefit from the extensive range of investment opportunities and incentives available in St.Vincent and the Grenadines.
The business incentives are:
- Complete exemption from income tax on profits [some exception applies]
- An independent and efficient judiciary system
- Significant Tax holidays for new business
- Import tax reduction on raw materials, machinery, equipment and spare parts
- Freedom to repatriate funds for business.
- A low-cost operating centre for offshore business
- Exceptional low fee structure for business formation.
- Lifting of ban on foreigners holding trust company licences
- A stable foreign exchange regime
- Excellent Telecommunications with the entire world.
- Stable labour force
- A tradition of governmental support for foreign private investment
- Support for foreign private investment.

St.Vincent and the Grenadines boasts perhaps the most modern International Business Centre.

Report about the Saint Vincent’s government

Flag description: three vertical bands of blue (hoist side), gold (double width), and green; the gold band bears three green diamonds arranged in a V pattern. Kingstown is the capital of Saint Vincent [St. Vincent]. St. Vincent government is a parliamentary independent sovereign state within the British Commonwealth. The executive branch of government is divided in: the executive-governor general who is representer of Queen Elizabeth II [head of state], the prime minister who is head of the government and the cabinet. The current prime minister is Ralph E Gonsalves. The legislative branch of government is divided 15-member elected House of Assembly and six member appointed Senate. The judicial branch of government is divided into district courts, the Eastern Caribbean Supreme Court, with final appeal to the Privy Council in London.

The parliamentary term of office is five years, but the prime minister may call elections at any time.

Political parties and leaders: The most important political parties are “New Democratic Party”,and “Unity Labor Party”. New Democratic Party or NDP [Arnhim EUSTACE]; Unity Labor Party or ULP [Ralph GONSALVES] (formed by the coalition of Saint Vincent Labor Party or SVLP and the Movement for National Unity or MNU)

Prime Minister of Saint Vincent
Hon. Dr Ralph Gonsalves
Prime Minister and Minister of Finance, Economic Planning, National Security,
Legal Affairs, Grenadines Affairs, Public Service and Energy
Tel: (784) 456-1703
Tel: (784) 456-1111 Ext 463
Fax: (784) 457-2152

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ADMINISTRATIVE OFFICE

Tel: (784) 451-2939
Tel: (784) 456-1111 Ext 361/494/463
Fax: (784) 457-2152
OPENING HOURS:
Mondays - Fridays
8:00 a.m. - 4:15 p.m.
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Diplomatic representation in the US: chief of mission: Ambassador Ellsworth I. A. JOHN
Saint Vincent consulate(s) general in New York
3216 New Mexico Avenue NW, Washington, DC 20016
telephone: [1] (202) 364-6730
FAX: [1] (202) 364-6736

Diplomatic representation from the US to Saint Vincent: US does not have an embassy in Saint Vincent and the Grenadines; US Ambassador of Barbados is accredited to Saint Vincent.

Where is Saint Vincent?

Saint Vincent Located at 600 56’ West longitude and 130 15’ North latitude. The island is approximately 1600 miles southeast of Miami and 100 miles form Barbados, and is part of the Island chain, called the Lesser Antilles.

If you want to see the bigger picture of Saint Vincent location click on the image

Saint Vincent a beautiful breath taking volcanic island.

image source: nationalgeographic.com

Saint Vincent is a volcanic island located in the Caribbean sea between Saint Lucia and Grenada. It is partially submerged volcanic mountains.

Saint Vincent territory was disputed between France and the United Kingdom in the 18th century, before being hand over to the British in 1783. The island gained independence on October 27, 1979. Approximately 120,000 people live on the Saint Vincent island. Kingstown is the biggest and main town population 19,479. The rest of the population resides in the Layou, Barrouallie, Chateaubelair, Georgetown, and Calliaqua.