Wednesday, October 25, 2017
The islands of Nevis and St. Kitts are located in the West Indies and together constitute the Federation of St. Kitts and Nevis. Nevis is most well-known as being the birthplace of Alexander Hamilton. It was also once home to a number of substantial sugar plantations and was the center of the English slave trade.
The Nevis International Exempt Trust Ordinance was the first ordinance adopted in Nevis that served to legally establish beneficial planning entities. A limited liability company ordinance was adopted in 1995 to complement the trusts created by the trust ordinance. In 2015, the Nevis Limited Liability Company (Amendment) Ordinance was passed in order to strengthen and clarify the 1995 ordinance.
See Gary A. Forster, The New Nevis LLC, Probate and Property Magazine, October 2017.