Saint Vincent and the Grenadines Business, Taxation and Offshore Information
The state of Saint Vincent and the Grenadines is in the Caribbean, 1,600 miles southeast of Miami and 100 miles from Barbados. Saint Vincent and the Grenadines consists of a group of 18 small islands, of which the biggest is Saint Vincent, with the capital, Kingstown, which has a natural deep-water harbour. Saint Vincent is a lush volcanic island, just 18 miles north to south and 11 miles wide; the climate is tropical.
Fought over for nearly a century by the French and British, sovereignty of Saint Vincent and the Grenadines was settled on the British in 1783. Now Saint Vincent and the Grenadines is an independent parliamentary democracy, with a legal system based on common law. The currency is the Eastern Caribbean Dollar (EC$) which is linked to the US$ at an exchange rate of 2.7 EC$ to 1 US$ (2006), and is managed by the Eastern Caribbean Central Bank with headquarters in St. Kitts.
The population of the islands was estimated in 2012 to be around 103,500, and is static. More »