around 2-3 k per annum for the administration of the trust/foundation. No underlying company is needed. I would like to be appointed as a signatory/co-signatory under the narrow special investment PoA.
Basically, there is nothing to administer, just to hold cash on the account. I am ok even if...
Nevis is cheaper than the BVI nowadays and much more private.
There is a new requirement for BVI BCs to file accounts, the register of directors are public, and so on.
If you need it only to hold shares Nevis is an ideal option.
It is actually in the process, I have a few possible options on the table, and setting up is really not a problem. The primary places I thought are Belize, Nevis, and Seychelles. I am very inspired by the idea of the Panama foundation but I understand that I would have to forget about any...
Looks like a perfect option for me. Reputable and low fees! Thank you for this information.
There is a small problem though:
Step 1: Confirm that the trust is revocable.
Step 2: Ensure the grantor(s)—the individual(s) funding the trust—and the trustee(s)—the individual(s) managing the...
I have a residency there, but it is everything that is wrong with them tbf. Firstly, they would never open an account for the offshore trust. Secondly, to go to a Maltese bank is like to visit a pawnshop in Mumbai. I believe spiritually and culturally the experience would be very similar. On...
Hi,
I am looking for a reliable bank that could open an account for the low-budget family trust with a monthly transfer into the trust account USD 5,000- 10,000 and a net worth of around USD 100,000 for now.
Predominantly I am looking for high-street or old enough banks ideally with a deposit...
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