The Nevis International Exempt Trust Ordinance provides for the creation of various types of international trusts including Charitable Trust, Non-Charitable Trust, Spendthrift or Protective Trust and Qualified Foreign Trust. The assets and income of an international trust are exempt from all exchange controls and all forms of taxation and stamp duty in Nevis. To qualify as an international trust under the Nevis International Exempt Trust Ordinance, the following criteria must be met: there must be at least one trustee, which can be a corporation incorporated under the Nevis Business Corporation Ordinance; the Settlor and Beneficiaries must at all times be non-residents of Nevis; and the trust property must not include any land situated in St Kitts and Nevis.

Key Features

Nevis International Trust	Corporate Details
General
Type of entity	International Exempt Trust
Type of law	Nevis International Exempt Trust Ordinance
Our time to establish a Trust	2 weeks
Taxation of trust assets	None
Double Taxation Treaty access	No
Change of Domicile permitted	Yes
Duration	Unlimited duration
Restriction on Investment of Trust asset	No
Succession	As per Trust Deed
Settlor
Requirements	Should not be a resident of Nevis
Qualifications	A trustee, a beneficiary or a protector of the trust.
Beneficiary
Requirements	Should not be a resident of Nevis
Qualifications	A trustee, a beneficiary or a protector of the trust.
Property	Should not include immovable property situated in Nevis
Jurisdiction	Nevis Supreme Court
Forced heirship applicable	No
Trust asset
Restriction on type/amount	No, except property situated Nevis
Trustee
Minimum number	1 if corporate and 2 or more if not corporate
Qualification	No domestic trustee is required
Accounts
Requirement to file	Yes
Publicly accessible	No

Saint Kitts and Nevis International Exempt Trust

Saint Kitts and Nevis Offering