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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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