Nevis is renowned for its global limited liability companies and remains a world leader in that field. Asset protection trusts are also attractive as the trust legislation is closely modeled in conformity with Cook Island Trust Legislation, the foremost asset protection legislation in the world, with creditor bonds deterring frivolous litigation. Nevis offers a suite of corporate products which are an essential part of any global asset protection structure.
The Nevis International Exempt Trust Ordinance (“NIETO”) is the governing legislation for international trusts. The NIETO allows for the creation of various types of international trusts (this includes Charitable Trusts, Non-Charitable Trusts, Spendthrift or Protective Trusts, and Qualified Foreign Trusts). Benefits of NIETO include: