Nevis is a tiny island in the Caribbean Sea no bigger than 93 km2 ; it is located north of the Lesser Antilles archipelago (part of the West Indies). It is approximately 350 km east of Puerto Rico and 80 km west of Antigua and Barbuda. Although in many respects Nevis is managed as a sovereign and self-governing state, the island is actually part of the Federation of Saint Christopher and Nevis, the official designation of this two-island country. Saint Kitts is the largest neighboring island located north of Nevis. Separating the two islands is a shallow water canal 3km is width. The Indians of the Caribbean that settled in the region lived there until the establishment of a British settlement in 1623, designed to serve as a sugar plantation territory and a transit depot for the slave trade of Africans to be sold in America.
The capital and largest city is Charlestown, with the capital of the Federation of Saint Christopher and Nevis situated in Basseterre on the island of Saint Kitts. The official language is English, making it very easy to register offshore companies there. It has 12,000 inhabitants, mostly of African origin and descendants of previous slaves that fled to the island. It is interesting to note that the literacy rate is 98%. The Federation of Saint Christopher and Nevis gained its independence from the UK in 1983 but is still considered part of the British Commonwealth and Queen Elizabeth is still its official head of state.
Geographically, the island of Nevis is circular and funnel-shaped due to a now dormant volcano in the region named “Nevis Peak”. The climate is tropical, so weather is hot and humid almost all months of the year, and the rainy season lasts from May to November.For Viewing Nevis in Google Maps - Click Here
The economy of both Nevis and that of the Federation is entirely founded on tourism as its major source of revenue, with overall GDP at 890 million USD and per capita income 15,000 USD (in Nevis this is slightly higher – 10% above that of Saint Kitts). In the distant past the islands economy was based on the slave trade and sugar plantations, and up to 1970 sugar agriculture was its primary revenue source. After sugar was no longer viable, local government began promoting tourism and also a developed financial services industry focused on efficient infrastructure for offshore companies.
The Nevis Business Corporation Ordinance, 1984
Nevis Limited Liability Company (amendment) Ordinance, 2009
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