Saint Vincent and the Grenadines - The Facts
Dubbed as the ‘Jewels of the Caribbean’ Saint Vincent and the Grenadines can guarantee inhabitants turquoise waters, powder-white beaches and secluded island retreats. Beyond being an idyllic vacation hot-spot, Saint Vincent and the Grenadines has an established offshore banking industry which can offer those interesting in working such jurisdictions a lifestyle as well as a career.
Situated in the Caribbean Sea in North America, the island arc of Saint Vincent and the Grenadines consists of the main island of St Vincent and the northern two thirds if the Grenadines consisting of smaller islands including Mustique. The geography is mostly volcanic with contrasting costal lines. The windward side is rocky whilst the leeward side consists of sandy beaches and has many more bays. The capital is Kingstown which is situated on St Vincent. Flight time form the UK will take approximately 11 hours.
Because the islands lie close to the equator, they enjoy a steady tropical temperature almost year-round. Temperatures range from 18° to 32°C/ 90°F. The dry season is from December to June, and the rainy season from July to November.
Saint Vincent and the Grenadines has no direct tax and this fact, coupled with its proximity to the US, makes it a key financial centre for corporate and personal investors. The judiciary in St. Vincent is rooted in English common law. Government takes place in the framework of an independent parliamentary democratic Commonwealth Realm with Queen Elizabeth II as its head of state. Saint Vincent and the Grenadines is now a fully self-governing member of the Commonwealth and a member of the United Nations, the Caribbean Community and the Organization of American States.
Living and working in Saint Vincent and the Grenadines
Characteristically, Saint Vincent and the Grenadines offers professionals the opportunity to work in smaller teams than they are used to. Therefore, one can expect to become integral to the business they join. They will also work closely with their clients in an environment where they will be treated as a valued member of the team. Due to the size of the Islands, commuting distances are negligible which mean there is more time to enjoy outside work pursuits. The islands have a thriving sporting and social community and it is easy to make friends in a place where there are so many like minded people keen on watersports, socialising and their careers.
Salaries are uniformly high and with the favourable tax position UK and US professionals are roughly 50% better off in real terms. Professionals from Canada, Australia and other commonwealth countries could find themselves earning three or four times their current salaries. Relocation expenses and temporary accommodation and transport are also included as standard in most packages.
