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Nevis Is Good Choice For Offshore LLC

By Ken Laino on September 3, 2015
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Nevis (a small island in the Caribbean) is currently a good choice for an offshore limited liability company. 

Nevis recently amended its LLC Ordinance to better limit fraudulent transfer claims, and also to make it more difficult to enforce foreign judgments.  Nevis also now requires an LLC creditor to post a large bond to secure potential liability for litigation costs.  These and other changes present further obstacles to creditors trying to collect against a Nevis LLC or its owners.

Keep in mind that assets of a Nevis LLC do not necessarily have to be held in Nevis.

An offshore LLC is certainly not always the right choice for a U.S. citizen who is seeking better asset protection.  But it is one of many asset protection alternatives that could be appropriate under the right circumstances.

  • Posted in:
    Other
  • Blog:
    Asset Protection Law Journal
  • Organization:
    Schneider Smeltz Spieth Bell LLP
  • Article: View Original Source

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