Offshore Bank Account in Saint Lucia
In this post we will discuss opening an offshore bank account in Saint Lucia and we will explain why we selected this jurisdiction.
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OFFSHORE BANK ACCOUNT IN SAINT LUCIA
In this post we will discuss opening an offshore bank account in Saint Lucia and we will explain why we selected this
jurisdiction. Do not hesitate to contact me at [email protected] if you have questions in relation to this
matter.
Why Saint Lucia?
Saint Lucia is still a tiny player on the global market of offshore financial services. Bing a tiny player has its
advantages one of which is that Saint Lucia is less attracting negative attention from the international community than
for example the big jurisdictions such as Singapore, Switzerland, Caymans, and Bahamas and so on…
While small it is a jurisdiction that has a reputation as a clean and serious offshore banking jurisdiction with strong
anti-money laundering legislation and a well regulated offshore financial services.
St. Lucia has been assessed by the financial secrecy index with 84 secrecy points out of a potential 100, which
places it towards the top end of the secrecy scale
Note however that bank secrecy is becoming a relative thing
Saint Lucia has Double Avoidance Treaty with
Antigua and Barbuda; Barbados; Belize; Dominica; Grenada; Guyana; Jamaica; Saint Kitts and Nevis; Saint Vincent
and the Grenadines; Switzerland; Trinidad and Tobago
Saint Lucia has TIEA agreement with
Aruba; Australia; Belgium; Canada; Curacao; Denmark; Faroe Islands; Finland; France; Germany; Greenland;
Iceland; Ireland; Mexico; Netherlands; Norway; Portugal; Sint Maarten Sweden; United Kingdom; United States.
Saint Lucia is not yet among the countries about to adapt automatic exchange of agreement. It did not sign yet OECD
Convention on Mutual Administrative Assistance in Tax Matters or OECD Mutual Competence agreement on
automatic exchange standard requirement.
Documents Requirements
Copy of your Passeport Notarized
Copy of your ID card Notarized
Proof of address: Utility bill of less than two months
Bank reference letter or lawyer or accountant reference letter. Need to know you since at least two years.
Our Fees:
Personal Account:
Our fees for a personal account are 500 Euros
Corporate Accounts
Commonwealth of Dominica company (includes registration, address one year, corporate secretary one year,
government fees + a set of corporate documents notarized and apostilled for the bank + company kit for you) +
Saint Lucia account 1950 Euros + 90 euros of courier fees
Seychelles or Panama company (includes registration, address one year, corporate secretary one year,
government fees + a set of corporate documents notarized and apostilled for the bank + company kit for you) +
Saint Lucia account 1950 Euros + 90 euros of courier fees
Accounts Features
Minimum Deposit: 5000 USD or equivalent in other currency (for both corporate or personal account)
Master Cards: For personal accounts only. Cards are either prepaid cards or credit card at zero balance (same as
debit card)
Visa Cards: For personal or corporate accounts: Cards are either prepaid cards or credit card at zero balance (same
as debit card)
In this post we will discuss opening an offshore bank account in Saint Lucia and we will explain why we selected this
jurisdiction. Do not hesitate to contact me at [email protected] if you have questions in relation to this
matter.
Why Saint Lucia?
Saint Lucia is still a tiny player on the global market of offshore financial services. Bing a tiny player has its
advantages one of which is that Saint Lucia is less attracting negative attention from the international community than
for example the big jurisdictions such as Singapore, Switzerland, Caymans, and Bahamas and so on…
While small it is a jurisdiction that has a reputation as a clean and serious offshore banking jurisdiction with strong
anti-money laundering legislation and a well regulated offshore financial services.
St. Lucia has been assessed by the financial secrecy index with 84 secrecy points out of a potential 100, which
places it towards the top end of the secrecy scale
Note however that bank secrecy is becoming a relative thing
Saint Lucia has Double Avoidance Treaty with
Antigua and Barbuda; Barbados; Belize; Dominica; Grenada; Guyana; Jamaica; Saint Kitts and Nevis; Saint Vincent
and the Grenadines; Switzerland; Trinidad and Tobago
Saint Lucia has TIEA agreement with
Aruba; Australia; Belgium; Canada; Curacao; Denmark; Faroe Islands; Finland; France; Germany; Greenland;
Iceland; Ireland; Mexico; Netherlands; Norway; Portugal; Sint Maarten Sweden; United Kingdom; United States.
Saint Lucia is not yet among the countries about to adapt automatic exchange of agreement. It did not sign yet OECD
Convention on Mutual Administrative Assistance in Tax Matters or OECD Mutual Competence agreement on
automatic exchange standard requirement.
Documents Requirements
Copy of your Passeport Notarized
Copy of your ID card Notarized
Proof of address: Utility bill of less than two months
Bank reference letter or lawyer or accountant reference letter. Need to know you since at least two years.
Our Fees:
Personal Account:
Our fees for a personal account are 500 Euros
Corporate Accounts
Commonwealth of Dominica company (includes registration, address one year, corporate secretary one year,
government fees + a set of corporate documents notarized and apostilled for the bank + company kit for you) +
Saint Lucia account 1950 Euros + 90 euros of courier fees
Seychelles or Panama company (includes registration, address one year, corporate secretary one year,
government fees + a set of corporate documents notarized and apostilled for the bank + company kit for you) +
Saint Lucia account 1950 Euros + 90 euros of courier fees
Accounts Features
Minimum Deposit: 5000 USD or equivalent in other currency (for both corporate or personal account)
Master Cards: For personal accounts only. Cards are either prepaid cards or credit card at zero balance (same as
debit card)
Visa Cards: For personal or corporate accounts: Cards are either prepaid cards or credit card at zero balance (same
as debit card)
