The British Virgin Islands: Article archive
-
VERMONT ONSHORE VS. BERMUDA OFFSHORE
Moody, Michael JDomicile selection is first step in setting up a captiveThe selection of a captive's domicile is one of the most important decisions involved in a captive feasibility study. And the first critical question that needs to be resolved is "onshore or offshore?" This is such an important issue that it needs to be resolved before any of...
[full story] -
BVI-A CLEAR VISION OF THE FUTURE
Moody, Michael JThe British Virgin Islands has quietly become the fourth largest captive domicile in the worldWorldwide, 2005 represented a year of moderate captive growth. Both offshore and onshore domiciles have generally experienced a softening compared to the torrid pace of the past three or four years. Despite this trend, one domicile had...
[full story] -
Caribbean: a sea of investment opportunities - Caribbean Development Bank plays major role in financing development related projects
As one of the largest U.S. trading partners, the Caribbean region offers numerous opportunities for private-sector investment. In traditional sectors like tourism and financial services, as well as healthcare, education and technology, the island nations of the Caribbean provide a hospitable climate for foreign investment.A wide array of national...
[full story] -
Still in the lead: Bermuda, the global leader when it comes to hosting captive insurance companies, held its first annual captive conference in September.
Roger CrombieIt happens every so often, and the response is always the same. Registrations drop off in one or another of the major captive jurisdictions, and the competition at once claims victory. Then, a year or two later, registrations go back up, and everyone else falls silent.Two unexciting years in the Bermuda captive market have led to...
[full story] -
Capital flows into captive havens: Caribbean jurisdictions do not necessarily see themselves in competition with Bermuda but with the United States and
Roger CrombieIn the world of captive insurance, a number of jurisdictions use the Bermuda model. Now, as captive insurance again bubbles to the top of the corporate agenda, Bermuda should feel flattered as other players are actively growing their captive franchises. More than 70 national and state jurisdictions now offer captive services or plan to...
[full story]