GeographicalArea: St. Kitts 168 sq. km. (65 sq. mi.); Nevis 93 sq. km. (36 sq. mi.), Caribbean, islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago
Terrain and Climate: Generally mountainous volcanic with mountainous interiors, highest elevations are 1,156 m. (3,792 ft.) at Mt.Liamuiga on St. Kitts and 985 m; (3,232 ft.) at Nevis peak on Nevis, tropical climate
Population: 39,817 (July 2008)
Ethnicity: Predominantly of African origin; some of British, Portuguese, and Lebanese descent.
Capital: Basseterre
Government: Parliamentary democracy; independent sovereign state within the Commonwealth from the 1983 Constitution, Executive--governor general (representing Queen Elizabeth II, head of state), prime minister (head of government), cabinet. Legislative--bicameral Parliament. Judicial--magistrate's courts, Eastern Caribbean Supreme Court (High Court and Court of Appeals), final appeal to Privy Council in London.
Administrative subdivisions: 14 parishes, unicameral National Assembly (14 seats, 3 appointed and 11 popularly elected from single-member constituencies; members serve five-year terms) *Note elections: last held 25 October 2004 (next to be held 2009)
Major Languages: English
Major Religion: Principally Anglican, with Evangelical Protestant and Roman Catholic minorities.
Life Expectancy: 72.94 years
Monetary Unit:East Caribbean Dollar (ECD)
Exchange Controls and Taxation: There are no exchange controls and n taxation on foreigners and local taxation is minimal, mostly regarding income from property ownership.
Stamp Tax: There are taxes, but there are exemptions.
Main Exports: machinery, food, electronics, beverages, tobacco
Compulsory Education:
GDP: $13,900 (2007)
Annual Growth Rate: 3.3%
Major Industry: Financial and business services, tourism, construction, clothing, footwear, beverages, and tobacco
Communication: Broad-spectrum evaluation: good interisland and international connections , domestic: interisland links via Eastern Caribbean Fiber Optic cable; construction of enhanced wireless infrastructure launched in November 2004
Internet: .kn
International dialing code: 1 + 869
Known as “no-tax jurisdiction” for qualified individuals
Number of Banks: Around 15
Head of State:chief of state: Queen Elizabeth II (since 6 February 1952); represented by Governor General Cuthbert Montraville Sebastion (since 1 January 1996) head of government: Prime Minister Dr. Denzil Douglas (since 6 July 1995) cabinet: Cabinet appointed by the governor general in consultation with the prime minister *Note - The monarch is hereditary; the governor general is appointed by the monarch; following legislative elections, the leader of the majority party or leader of a majority coalition is usually appointed to the position of prime minister by the governor general; deputy prime minister appointed by the governor general
Radio: AM 3, FM 3,
Television: 1 (plus 3 syndicates) (2003)
Time Zone: GMT – 4 with daylight savings time
Airport: 2
Bank List
Bank of Nevis LTD
Barclays Bank PLC
Development Bank of St. Kitts and Nevis
Eastern Caribbean Central Bank
First Caribbean National Bank
Nevis Credit Union
Nevis Cooperative Bank Co. Ltd
Police Credit Union
Royal Bank of Canada Royal Bank of Trinidad and Tobago
St. Kitts Nevis Anguilla National Bank
St. Kitts-Nevis Finance Co. Ltd (FINCO)
St. Kitts- Nevis National Bank
St. Kitts Cooperative Credit Union
The Bank of Nova Scotia
The Royal Bank of Canada
St. Kitts and Nevis
Full Name: Federation of Saint Kitts and Nevis
GeographicalArea: St. Kitts 168 sq. km. (65 sq. mi.); Nevis 93 sq. km. (36 sq. mi.), Caribbean, islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago
Terrain and Climate: Generally mountainous volcanic with mountainous interiors, highest elevations are 1,156 m. (3,792 ft.) at Mt.Liamuiga on St. Kitts and 985 m; (3,232 ft.) at Nevis peak on Nevis, tropical climate
Population: 39,817 (July 2008)
Ethnicity: Predominantly of African origin; some of British, Portuguese, and Lebanese descent.
Capital: Basseterre
Government: Parliamentary democracy; independent sovereign state within the Commonwealth from the 1983 Constitution, Executive--governor general (representing Queen Elizabeth II, head of state), prime minister (head of government), cabinet. Legislative--bicameral Parliament. Judicial--magistrate's courts, Eastern Caribbean Supreme Court (High Court and Court of Appeals), final appeal to Privy Council in London.
Administrative subdivisions: 14 parishes, unicameral National Assembly (14 seats, 3 appointed and 11 popularly elected from single-member constituencies; members serve five-year terms) *Note elections: last held 25 October 2004 (next to be held 2009)
Major Languages: English
Major Religion: Principally Anglican, with Evangelical Protestant and Roman Catholic minorities.
Life Expectancy: 72.94 years
Monetary Unit:East Caribbean Dollar (ECD)
Exchange Controls and Taxation: There are no exchange controls and n taxation on foreigners and local taxation is minimal, mostly regarding income from property ownership.
Stamp Tax: There are taxes, but there are exemptions.
Main Exports: machinery, food, electronics, beverages, tobacco
Compulsory Education:
GDP: $13,900 (2007)
Annual Growth Rate: 3.3%
Major Industry: Financial and business services, tourism, construction, clothing, footwear, beverages, and tobacco
Communication: Broad-spectrum evaluation: good interisland and international connections , domestic: interisland links via Eastern Caribbean Fiber Optic cable; construction of enhanced wireless infrastructure launched in November 2004
Internet: .kn
International dialing code: 1 + 869
Known as “no-tax jurisdiction” for qualified individuals
Number of Banks: Around 15
Head of State:chief of state: Queen Elizabeth II (since 6 February 1952); represented by Governor General Cuthbert Montraville Sebastion (since 1 January 1996) head of government: Prime Minister Dr. Denzil Douglas (since 6 July 1995) cabinet: Cabinet appointed by the governor general in consultation with the prime minister *Note - The monarch is hereditary; the governor general is appointed by the monarch; following legislative elections, the leader of the majority party or leader of a majority coalition is usually appointed to the position of prime minister by the governor general; deputy prime minister appointed by the governor general
Radio: AM 3, FM 3,
Television: 1 (plus 3 syndicates) (2003)
Time Zone: GMT – 4 with daylight savings time
Airport: 2
Bank List
Bank of Nevis LTD
Barclays Bank PLC
Development Bank of St. Kitts and Nevis
Eastern Caribbean Central Bank
First Caribbean National Bank
Nevis Credit Union
Nevis Cooperative Bank Co. Ltd
Police Credit Union
Royal Bank of Canada Royal Bank of Trinidad and Tobago
St. Kitts Nevis Anguilla National Bank
St. Kitts-Nevis Finance Co. Ltd (FINCO)
St. Kitts- Nevis National Bank
St. Kitts Cooperative Credit Union
Sometimes a person needs to be introduced to a subject and gain education to gain confidence to reassure themselves that they are making the right decision. Just as we believe that insurance is your first wave of defense, we believe that education will become one of your best assets and a tool for protection! Take this course and you are on your way to protection!
You Will Learn the Following
►Asset Protection Basics
►Key Definitions for Your Understanding of the Tools Available
►How You Can Use Trusts to Your Advantage
►Irrevocable versus Revocable Trusts
►How the Law Pertains to Asset Protection
►The Safety Net Cuba Clause
►How to Choose a Jurisdiction for Maximum Benefits
►The Lesson Curriculum is as follows.
Lesson 1 - Asset Protection Theory
Lesson 2 - Definition of Terms
Lesson 3 - Rules of Asset Protection
Lesson 4 - Practice and use of your Trust
Lesson 5 - Trusts and Taxes
Lesson 6 - Types of Trusts
Lesson 7 - Irrevocable Trust
Lesson 8 - Security From The Law
Lesson 9 - The Cuba Clause
Lesson 10 - Jurisdiction Selection.