CARICOM remains committed to engaging with key stakeholders on the issue and appointed a Committee of Ministers of Finance on Correspondent Banking to continue to monitor the issue. For additional information about national laws and points of contact at local IP offices, please see WIPOs country profiles at http://www.wipo.int/directory/en/. It is made up of the island of St Vincent and the northern Grenadines, a group of 32 smaller islands and cays (low banks of coral or rock) to the south. The Equal Pay Act makes provision for the removal and prevention of discrimination, based on the sex of the employee, in the rates or remuneration for males and females in paid employment. Convicted offenders can expect long jail sentences and heavy fines. Buses and taxis do not have special accommodations. We use some essential cookies to make this website work. Ministries. Concessions for expansions of not less than five guest rooms are also available. Saint Vincent and the Grenadines is a constitutional monarchy with a parliamentary form of government. Firearms:Do not enter Saint Vincent and the Grenadines with firearms or ammunition without prior express consent from the Saint Vincent and the Grenadines government. When Columbus sighted the principal island on 22 January 1498, he named it after the saint whose feast falls on that day. Invest SVG provides guidance on the relevant laws, rules, procedures, and reporting requirements for investors. The Enforcement Division also conducts investigations of customs offenses and administers fines and penalties. St. Vincent and the Grenadines does not have a recent history of politically-motivated violence or civil disturbance. Foreign investors may finance investments using domestic or foreign capital sources. Through the Arbitration Act, the local courts recognize and enforce foreign arbitral awards issued against the government. Vincentian athletes compete and place regularly in the quadrennial Commonwealth Games. Bilateral Investment Agreements and Taxation Treaties, 12. Companies holding at least five acres of land may restrict or prohibit the issue or transfer of their shares or debentures to non-nationals. For example, the Banking Act, which establishes a single banking space and the harmonization of banking regulations in the Economic Union, is uniformly in force in the eight member territories of the ECCU, although there are some minor differences in implementation from country to country. CARICOM has bilateral agreements with Cuba, Colombia, Costa Rica, the Dominican Republic, and Venezuela. Investors operating in St. Vincent and the Grenadines have preferential access to the entire CARICOM market. Faith-Based Travelers: See the following webpages for details: LGBTI Travelers:Consensual same-sex sexual activity is illegal, with penalties up to 10 years in prison. The World Banks 2020 Doing Business Report ranks St. Vincent and the Grenadines 168th out of 190 countries in ease of registering property. It advises the government on the formation and implementation of policies and programs that attract and facilitate investment. In March 2001, a victory by the ULP ended almost 17 years of NDP dominance. St. Vincent and the Grenadines has not signed a bilateral investment treaty with the United States. The government recognizes voluntary mediation or conciliation as dispute resolution mechanisms. Medical Insurance:Make sure your health insurance plan provides coverage overseas. The sport of netball has also produced a number of strong Vincentian national teams. The islets of Mopion and Punaise, in the southern Grenadines chain, are twin shifting sandbanks. Local radio and television programming is provided by a government-owned broadcasting company in the capital. Foreign Trade Zones/Free Ports/Trade Facilitation. It seeks to create opportunities for Saint Vincent and the Grenadines in the field of foreign trade through the negotiation and monitoring of the relevant agreements and treaties. Road Conditions and Safety:Major roads are in average to poor condition, and you may encounter wandering animals and slow moving heavy equipment. Policy, Planning and Administration Community Health Services Hospital Services Geriatric Services Mental Health Services Laboratory Services Environmental Health Services World Pediatric Project (WPP) Projects Communications Health Professional Associations Covid-19 Updates Covid-19 Hotline: 1784-534-4325 - Your health is a shared responsibility Saint Vincent and the Grenadines. The United States and St. Vincent and the Grenadines are both parties to the WTO. Secondary education begins at age 11. - Public Health (Covid-19) Rules 2021. Limits on Foreign Control and Right to Private Ownership and Establishment. The Ministry is the institutional body of the state responsible for the formulation, articulation and implementation of all policies and plans relating to Agriculture, Forestry, Fisheries, Rural Transformation, Industry & Labour. These bodies may conduct proceedings in public or private. Most care providers overseas only accept cash payments. The government is open to all investment, but is currently prioritizing investment in niche markets, particularly tourism, international financial services, agroprocessing, light manufacturing, creative industries, and information and communication technologies. Thursday: There is a high chance of mostly cloudy skies and a few occasional showers. Laws pertaining to Invest SVG also govern FDI. Victims of Crime:Report crimes to the local police at 911 and contact the U.S. Embassy at (246) 227-4000. The government and people of Saint Vincent and the Grenadines are pained and anguished at the recent military maneuvers by the Peoples Republic of China (PRC) across the Taiwan Strait which have had the effect of threatening the Republic of China (Taiwan) and undermining peace and security in Asia and globally. Pursuant to Schedule 3 of the Proceeds of Crime Act Cap 180 The Attorney Generals Chambers is the Central Authority for Mutual Legal Assistance Requests. The government sometimes partners with NGOs and generally encourages philanthropy. St. Vincent and the Grenadines accepted the obligations of Article VIII of the International Monetary Fund Agreement, sections 2, 3, and 4, and maintains an exchange system free of restrictions on making international payments and transfers. Rulemaking and regulatory authority rests in the unicameral House of Assembly, which has fifteen elected members and six appointed senators who sit for a five-year term. U.S. Embassy to Barbados, the Eastern Caribbean and the Organization of Eastern Caribbean States There is relatively little police enforcement of traffic regulations. St. Vincent and the Grenadines is only subject to the original jurisdiction of the CCJ. We can: Domestic Violence:U.S. citizen victims of domestic violence may contact the U.S. Embassy for assistance at (246) 227-4000. The government of St. Vincent and the Grenadines, through Invest SVG, strongly encourages FDI, particularly in industries that create jobs and earn foreign currency. This allowed regulators to gain a better understanding of the product or service and to determine what, if any, regulation is necessary to protect consumers. The list of incentives includes exemption from or reduction of duty payments on the importation or purchase of materials and other equipment for use in construction and operation of the business. Table 3: Sources and Destination of FDI The Caribs put up a strong resistance to European intrusion, which prevented colonisation on St Vincent until the early 18th century. - Public Health (Covid-19) Rules 2021. The government, however, offered limited cash grants to some workers whose employment was impacted by the layoffs related to the COVID-19 pandemic. Telephone Number. In addition, the government circulates bills at stakeholder meetings. The capital and major port is Kingstown, on Saint Vincent. St. Vincent and the Grenadines does not have a provincial level of Government. U.S. International Development Finance Corporation (DFC) and Other Investment Insurance Programs, 13. The government must serve a notice of acquisition on the person from whom the land is acquired. Bitt is expected to launch DCash in St. Vincent and the Grenadines in mid-2021. In some instances, these mechanisms may also apply to investment laws and regulations. The leader of the majority party in the House of Assembly becomes prime minister, and selects and heads a cabinet. The ECCB is the supervisory authority over financial institutions registered under the Banking Act of 2015. The Industry Unit under the Ministry of Finance, Economic Planning, Sustainable Development and Information Technology administers this Act. The Bankruptcy and Insolvency Act governs the countrys bankruptcy framework and grants certain rights to debtors and creditors. You have rejected additional cookies. There is no obligation for the government to consider proposed amendments prior to implementation. The unicameral legislature, the House of Assembly, has 21 members. The Treaty of Versailles of 1783 recognised St Vincent as a British colony. The Ministry of Public Service, Consumer Affairs and Sports wishes to notify the General Public that the Consumer Affairs Officers will be in Bequia to renew and issue Traders Licence for the year 2023. Please refer to ourRoad Safety pagefor more information. Other incentives are the exemption from or a reduction of duty on the importation or purchase of vehicles for use in operation of the business, and a reduction of property tax of up to ten percent for land and buildings used in the operation of the business. The Eastern Caribbean Supreme Court Act establishes the Supreme Court of Judicature, which consists of the High Court and the Eastern Caribbean Court of Appeal. The country, however, has bilateral tax treaties with the United States, Canada, the UK, Denmark, Norway, Sweden, and Switzerland. The sophisticated offshore financial sector provides for one of the most modern International Business Company (IBC) and Trust formation. Be aware that U.S. Medicare and Medicaid programs do not apply overseas. You have accepted additional cookies. If at least one beneficiary of a registered trust becomes a resident after the trust is registered, and if the trust is in good standing, the fact of the residency of the beneficiary will not invalidate the trust. This includes 114,780 Pfizer doses. Do not be predictable; vary your daily routes and schedules. The ministry responsible for national security oversees work permit applications. Firearms:Do not enter Saint Vincent and the Grenadines with firearms or ammunition without prior express consent from the Saint Vincent and the Grenadines government. Other educational institutions include technical and vocational schools, a school for children with special needs, and Saint Vincent Community College, which provides nursing and teacher training among other subjects. U.S. DEPARTMENT of STATE BUREAU of CONSULAR AFFAIRS, Saint Vincent and the Grenadines International Travel Information, prevention of international child abduction, Embassy of Saint Vincent and the Grenadines, victims compensation programs in the United States, insurance providers for overseas coverage, the Embassy of Saint Vincent and the Grenadines, government of Saint Vincent and the Grenadines, U.S. Centers for Disease Control and Prevention (CDC). NOTE:Generally, all U.S. citizens are required to present a valid U.S. passport when traveling to Saint Vincent and the Grenadines, as well as proof of anticipated departure from the country. Last Update: Reissued with updates to health information. Traffic Laws: Driving is on the left-hand side of the road. The rise of individualism, economic independence, and migration have led to a decrease in the importance of the extended family. The islands of St Vincent and the Grenadines, located between the Caribbean Sea and North Atlantic Ocean and north of Trinidad and Tobago, are also known as the gems of the Antilles. Invest SVG provides business support services and market intelligence to all investors. Native Vincentians, however, favour land-based sports, especially cricket. An international trust, except one that is an international company, will not become void or voidable due to a settlers bankruptcy, insolvency, or liquidation, the law of the settlers domicile or ordinary residence notwithstanding. Telephone + (246) 227-4399 Emergency + (246) 227-4000 Fax + (246) 431-0179 Email BridgetownACS@state.gov Website U.S. Embassy Bridgetown Saint Vincent and the Grenadines Map View Larger Map Learn about a country assist you in reporting a crime to the police, contact relatives or friends with your written consent, explain the local criminal justice process in general terms, provide an emergency loan for repatriation to the United States and/or limited medical support in cases of destitution, help you find accommodation and arrange flights home. Government of Saint Vincent and the Grenadines. International companies are also exempt from competitive tax for 25 years. The United States supports the Government of Saint Vincent and the Grenadines' efforts to expand its economic base and to provide a higher standard of living for its citizens. Offshore businesses are also subject to value added tax (VAT) on taxable goods imported into St. Vincent and the Grenadines. S.R. Furthermore, some laws are also prosecutable in the U.S., regardless of local law. Earthquakes may occur at any time, often associated with seismic activity in the volcano. The U.S. military provides assistance through training, exercises, and construction and humanitarian civic action projects. St. Vincent and the Grenadines is a member of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States and the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, also known as the New York Arbitration Convention. Check passport expiration dates carefully for all travelers! If you decide to travel to St. Vincent and the Grenadines: Wildey Business Park Before you travel, check the Entry requirements section for St Vincent and the Grenadines current entry restrictions and requirements. Emal:BridgetownACS@state.gov. The government recognizes trusts if they are in writing and follow the formal requirements for a deed or settlement under the International Trust Act. Only a narrow list of exceptions outlining the grounds for nondisclosure exists, but there is no specific timeline for relevant authorities to make the requested response or disclosure. The government offers special incentive packages for foreign investments in the hotel industry and light manufacturing. There are currently 28 state-owned enterprises (SOEs) operating in the following sectors: water, transportation, housing, transportation (ports), electricity, tourism, information and communication, telecommunications, investment and investment services, financial services, fisheries, agriculture, sports and culture, civil engineering, and infrastructure. Invest SVG has the main responsibility for investment supervision, while the Ministry of Economic Planning, Sustainable Development, Industry, Information and Labor tracks investments to collect information for national statistics and reporting purposes. The government offers other incentive packages on an ad hoc basis. Non-nationals apply for a license to hold the land to the office of the Prime Minister through an attorney licensed to practice in St. Vincent and the Grenadines. Only banks may make currency conversions. At least one trustee must be registered and licensed for an international trust to be registered. Saint Vincent and the Grenadines National Day, Telephonic Press Briefing on Food Security across Latin America with Jose Fernandez, Under Secretary of State for Economic Growth, Energy, and the Environment, Telephonic Press Briefing with Juan Gonzalez, National Security Council Senior Director for the Western Hemisphere and Brian A. Nichols, Assistant Secretary of State for Western Hemisphere Affairs, Bureau of Western Hemisphere Affairs, Telephonic Press Briefing with Katie Tobin, Special Assistant to President Biden and Senior Director for Transborder at the National Security Council, Telephonic Press Briefing with Brian A. Nichols, Assistant Secretary of State for Western Hemisphere Affairs, on the IX Summit of the Americas. If you violate local laws, even unknowingly, you may be expelled, arrested or imprisoned. Vincent and the Grenadines condemns unequivocally the bombarding on 8th January, 2023, of the physical facilities of the democratic institutions of the National Congress and the Supreme Court of Brazil by the forces of fascism and barbarism allied to the former President Jair Bolsonaro who was defeated in the recent presidential elections by Luiz Companies registered in St. Vincent and the Grenadines have the right to repatriate all capital, royalties, dividends, and profits free of all taxes or any other charges on foreign exchange transactions. Public Health (Emergency Authorisation of COVID-19 Vaccine) Rules, 2021. All potential investors seeking an incentive package must submit their proposals for review by Invest SVG to ensure the project is consistent with the nations laws and interests and would provide economic benefits to the country. Welcome. Women Travelers:See our travel tips forWomen Travelers. The government generally enforces labor laws, and penalties are sufficient to deter violations. The judicial system consists of lower courts, called magistrates courts, and a family court. The United States provides training, equipment, and material to Vincentian security forces, including through the Caribbean Basin Security Initiative. To help us improve GOV.UK, wed like to know more about your visit today. The Caribbean Basin Initiative provides beneficiary countries with duty-free access to the U.S. market for most goods. A Registrar of Trusts has direct regulatory responsibilities relating to registration, certificate issuance, and review of trust documentation. The Trade Disputes (Arbitration and Inquiry) Act provides that either party to an existing trade dispute can report it to the Governor General. Please . More information is available at http://www.cipo.gov.vc. The National Parks, Rivers and Beaches Authority (NPRBA) wishes to notify the general public that the Rawacou Recreation Park will be TEMPORARILY CLOSED to the public on Saturday, 15th April, 2023. Email Address: BridgetownPolEcon@state.gov. The government and the public view responsible business conduct positively. Never venture out alone, particularly at isolated beaches or far out to sea. St. Vincent and the Grenadines is not listed in the U.S. Trade Representatives 2021 Special 301 Report or in its 2020 Review of Notorious Markets for Counterfeiting and Piracy. St. Vincent and the Grenadines is a leading location for foreign investment with many pro-business policies and concessions. The law, including related regulations and statutory instruments, provides for the rights of workers to form and join unions of their choice, bargain collectively, and conduct legal strikes. Welcome to the website of the Ministry of Agriculture, Forestry, Fisheries, Rural Transformation, Industry & Labour. The next general elections are constitutionally due in 2025. Some of the Grenadine Islands have annual regattas that include carnival-type activities. The Eastern Caribbean islands are vulnerable to hurricanes and tropical storms from mid-May through November. Pedestrian crossings are also very infrequent and can be poorly marked. Ministry of Health and the Environment There is generally no statutory standard obligation for public officers to disclose financial information to a specific authority. Internal self-government was achieved in 1969 and full independence came a decade later. The Caribbean region has witnessed a withdrawal of correspondent banking services by U.S., Canadian, and European banks due to risk management concerns. Citizens. Recommended Web Browsers: Microsoft Edge or Google Chrome. Andres Bengtcen Ambassador Of The Kingdom Of Sweden To SVG Presented Credentials To The Governor General Of SVG, Dr. CARIFORUM-EU Economic Partnership Agreement. The OECS has not conducted a trade policy review in the last three years. Quiz. Companies using or manufacturing chemicals must first obtain approval of their environmental and health practices from the St. Vincent and the Grenadines National Standards Institution and the Environmental Division of the Ministry of Health. Minister Hon. Investors are permitted to use national or international arbitration regarding contracts entered into with the state. The government runs a free public library system. The Act recognizes several types of international trusts: protective or spendthrift trusts, charitable trusts, and purpose trusts. As part of supervision, licensed financial institutions are required to submit monthly, quarterly, and annual performance reports to the ECCB. Compulsory primary and secondary education policies reinforce minimum age requirements. The OECS consists of seven full member states (Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines), and four associate members (Anguilla, Guadeloupe, Martinique, and the British Virgin Islands). Thus, the country must implement regionally developed regulations, such as legislation passed under the OECS Authority, unless it seeks specific concessions not to do so. . The two countries have signed a maritime law enforcement agreement, an extradition treaty, and a mutual legal assistance treaty. St. Vincent and the Grenadines is a member of the ECCU and the ECCB. Aware that U.S. Medicare and Medicaid st vincent and the grenadines government website do not apply overseas special incentive packages on an hoc. Governs the countrys Bankruptcy framework and grants certain rights to debtors and creditors standard! 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