Private Foundation in Nevis

[Cetme308win]

Do you have any experience with that bank. According to one web site:

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Cayman banks are well-known for requiring a six-figure deposit, but seven-figures seems more like Swiss banking.

I personally don't but I know they are open to all these type of structures

 

[bizniz]

I have used Alhambra Bank in the past. They work OK but are focused on larger clients.

You could also look at Altajir Bank in Cayman if you just want a very simple demand deposit account.

 

[Cetme308win]

I have used Alhambra Bank in the past. They work OK but are focused on larger clients.

You could also look at Altajir Bank in Cayman if you just want a very simple demand deposit account.

Altajir bank is not acepting new customers right now sadly

 

[Jerry1911]

. I understand the Nevis foundation law was written for French residents who had Nevis trusts and wanted to legally avoid declaring them under new French legislation - or something like that.

Where did you hear this?