Service Areas | British Virgin Islands Trusts

Why form a BVI Trust?

• The law is specific in determining the law which shall govern trust in cases of conflict of laws.

• There are specific provisions in the law with regard to the law which shall govern a trust in case there is a "forced heirship" provision in the law of the settlor.

• The only tax imposed on a BVI trust is a US$50.00 revenue stamp called "the trust duty" which must be affixed to the instrument creating the trust.

• A trust may be revoked or amended only to the exception and in the manner especially stated in the trust instrument.

• A BVI trust may include provisions in which a person has the power to supervise or approve all of the trustee's actions (Protector).

• BVI trusts are not subject to public registry. Therefore, confidentiality is achieved.

• A trust may be constituted depending on the particular needs of the clients; it is a perfect vehicle for asset protection and family estate planning.

	Related Documents for Download: - BVI Vista Trust Memo		For further information: - Yexadira N. García G. - Corporate Services Dept.
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