Looking for Nevis LLC formation (without bank account)

SilverNeo said:

No you do not need accounting and i would suggest https://acmetrustnevis.com/

But do your own research and don't take my word for it.

Also banking is a bit problematic but for my use case is all good.

And by problematic i mean you will get it but they will ask all kinds of docs

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Davis123 said:

What banks would work with a Belize or Nevis trust ? I read Belize is best for asset protection starting from day 1 unlike some others having time limits. I might need protection too nowadays it's essential just for my children

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SilverNeo said:

So, for me, I have a few EMI institutions as well as banks

EMI
https://verifo.com/
https://rd.group/
https://currenxie.com/en-gb

Banks
https://stlucia.provenbank.com/
https://www.cayebank.bz/

Plenty to meet my needs and all of these will work with the above

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Davis123 said:

Belize trust requires Belize LLC or IBC setup with it ? How much did it cost you to setup all this ?

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SilverNeo said:

Cost breakdown
Initial IBC cost 1500$
IBC annual cost 1300$
Trust initial cost: 4000$
Trust annual cost: 3500$

EMI
Verifio: 50 a month = 600 a year
RD group: initial opening fee 2500$ no other costs
Currenxie: No cost for the account only for transfers.

Banks
Proven: 400 for the account opening + 25 a month 300 a year.

Caye bank: 175 initial opening cost + 10 a month 120 a year

One time costs total: 8575$
Ongoing costs 5875$ a year

If you look what I'm getting in return i would call that a bargain

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Clank said:

What platform you use for brokerage?

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SilverNeo said:

https://www.swissquote.com/

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Clank said:

And as a bank? I think Currenxie is reluctant to allow transfers to platforms allowing any kind of crypto transactions such as Swissquote.

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