Business in SVG

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Business Centre

Kingstown is the main financial and business centre where you will find the head offices of local, regional and international companies.

Banking

Among the thriving domestic financial sector of banks, credit unions and building societies in St. Vincent and Grenadines, coexist the international finance sector. ATM machines are available at most banks.

The official currency is the Eastern Caribbean (EC) dollar which is linked to the US dollar. The exchange rate will vary slightly depending on whether cash or traveler’s cheques are involved, and whether you convert them at a bank or business establishment such as a hotel or restaurant.

Normal banking hours are Monday through Thursday 8:00 am until 2:00 pm and Friday 8:00 am until 5:00 pm.

Communications

There are currently three telecommunication providers in St. Vincent and the Grenadines:

  • LIME (formerly Cable and Wireless) offers fixed line, mobile (GSM, GPRS) and broadband internet services: Website www.time4lime.com
  • Digicel offers mobile (GSM, GPRS, EDGE) service: Website www.digicelsvg.com
  • Karib Cable offers fixed line, internet and Cable TV services: Website www.karibcable.com

The telecommunication sector is regulated by the National Telecommunications Regulatory Commission (NTRC): Website www.ntrc.vc

Investing

Information on Investing in SVG can be obtained from the following website: www.investsvg.com

Land Purchase And Lease Holding

Aliens Land Holding Regulations.doc

Work Permit And Residency

Work Permits + Residency.pdf

Legal

http://www.oecsbar.org/

Company Registration

Commerce and Intellectual Property Office: http://www.gov.vc/govt/cipo/index.asp