How to open an account in the bank of Saint Kitts immigrants?

St Kitts is the first choice for tax avoidance, so what materials do you need to prepare to open an account in St Kitts Bank, and which banks are better? Among the banks in Saint Kitts, we are familiar with SCOTIABANK and CIBC, or locally known as FIRST CARIBBEN INTERNATIONAL BANK and Royal Bank. In addition, there are some local banks, such as St. Kitts-Nevis-Anguilla Bank in St. Kitts and Nevis Bank in Nevis.

Account opening requirements:

1. The account holder must be Saint Kitts and Nevis or have a student/work visa;

2. The account holder must go to Saint Kitts and Nevis in person;

Preparation materials for account opening:

1, Saint Kitts and Nevis passport;

2. Photo identification, such as ID card and driver's license. (If China certificate is provided, translation and notarization are required).

3. Birth certificate (translation and notarization required)

4. Proof of address, such as water and electricity bills and bank statements. (Translation and notarization are required)

5. Bank recommendation letter

6. Letter of recommendation from professionals (with professional license, such as lawyer's license).

All the above materials are the same as those submitted when applying for immigration to Saint Kitts and Nevis, but please pay attention to the validity period. For example, the address certificate should be nearly three months, and the bank recommendation letter and professional recommendation letter should be up to date.

Bank selection:

Recommended: SCOTIABANK.

Reason: As long as the information is complete, customers can open an account directly in the bank without making an appointment.

Lawyer's recommendation: St. Kitts-Nevis-Anguilla National Bank (St. Kitts-Nevis-Anguilla International Bank)

Reason: Lawyers and banks have some cooperative relationships.

Not recommended: CIBC (Imperial Bank)/First Caribbean International Bank (First Caribbean Bank).

Reason: The bank needs to call back the account holder for at least 2 days.

Not recommended: ROYAL BANK.

Reason: there is no special person to consult or assist in opening an account.

Neutral: Bank of Nevis (Bank of Nevis)

Reason: Because the bank is in Nevis, customers usually stay in Saint Kitts for a long time; Nevis will only have a short visit. However, the bank's own account opening procedures are not complicated.