Opening a bank account in St Lucia is with a renowned bank in the Caribbean is one of the best ways to start your business. No physical visits are required for bank account opening.
Saint Lucia has been an offshore financial centre by both the International Monetary Fund (IMF), the Financial Secrecy Index and the Organisation for Economic Co-operation and Development (OECD). It should be noted however that Saint Lucia has become less strict about their bank secrecy in recent years.
St. Lucia is a tax haven that offers a wide range of offshore banking and financial products and services. Enabled by the International Business Companies Act 1999, the diversity of the offshore sector is drawing many international investors and companies, making the relatively unknown island a new and exciting place to form an offshore company.
St. Lucia’s financial system has never been blacklisted and has escaped international scrutiny and foreign governmental pressure to disclose details of its offshore financial operations. Unlike many jurisdictions within the Caribbean, St. Lucia still remains a paradise for international investing seeking safe and reliable offshore opportunities.