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Offshore Financial Centres (OFCs), as low-tax, lightly regulated jurisdictions, specialise in providing the corporate and commercial infrastructure for the formation of offshore companies and for the investment of offshore funds.

Saint Vincent and the Grenadines The Facts

  • Full name: Saint Vincent and the Grenadines 
  • Population: 120,000 (UN, 2007) 
  • Capital and largest city: Kingstown 
  • Area: 389 sq km (150 sq miles) 
  • Major languages: English 
  • Major religion: Christianity 
  • Life expectancy: 69 years (men), 74 years (women) (UN) 
  • Monetary unit: 1 East Caribbean dollar = 100 cents 
  • Main exports: Bananas, arrowroot (starch), nutmeg, mace, coconuts 
  • GNI per capita: US $3,400 (World Bank, 2006) 
  • Internet domain: .vc 
  • International dialling code: +1784 
  • Head of state: Queen Elizabeth II, represented by Governor-General Dr Freddy Ballantyne 
  • Prime minister: Ralph Gonsalves 
  • The press
    • The Herald-daily
    • The News-weekly
    • Searchlight-weekly
    • The Vincentian-weekly, owned by Vincentian Publishing Company 
  • Television
    • SVG Television-operated by St Vincent and the Grenadines Broadcasting Corporation 
  • Radio
    • NBC Radio-partly-government funded national FM service
    • Hitz FM- music station, affiliated to SVG TV
    • We FM-private
    • Hot 97-private
    • Nice FM- private

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