Saint Vincent and Grenadines Updates International Banking Law

Friday, July 11th, 2008

St Vincent and Grenadines, in the Caribbean, has just improved and secured its offshore banking industry, by reducing the possibility of outside interference.
Long term readers of this blog will be aware that we sometimes recommend St Vincent and Grenadines as a good jurisdiction for IBCs and offshore banking. We have good contacts with lawyers there, [...]

Panama vs. Andorra for Offshore Banking: Why You Shouldn’t Believe Everything you Read on the Internet!

Monday, April 7th, 2008

An email in over the weekend from a long-standing client caused me to revisit that familiar theme, “which jurisdiction is best?” I had recommended to him a Panama offshore structure but to do the banking in Andorra. He wrote me:
 
From my reading about it, having a bank account in Panama is more reputable.
 
Now, it’s [...]


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