OffshoreGuy
Quick answer

Can a non-resident form a Saint Vincent & the Grenadines company?

Yes. A non-resident can form a Saint Vincent & the Grenadines entity. Saint Vincent & the Grenadines is a GRAY jurisdiction. Banking is more selective and a compliance desk reads it as mid-tier, so confirm your rail accepts it before you file. Formation is $1,249 all-in / ₿0.01569095 / 1,569,095 sats, paid in Bitcoin or USDT, and takes 7 business days.

Tier
GRAY
From price
$1,249 all-in
Formation time
7 business days
EU / FATF status
off both EU lists, off the FATF lists
Public UBO register
No
Apostille
Not supported
Who this is wrong for:Apostille is not supported in SVG, and this is the single biggest constraint. If your bank or any counterparty requires apostilled, legalized formation documents, SVG simply will not work and you should pick a jurisdiction where apostille is available, such as Belize or Seychelles. Do not buy SVG hoping to apostille later; you cannot today.
Why this jurisdiction

What makes Saint Vincent & the Grenadines different

  • Cheapest offshore LLC in the catalog: $1,249 all-in Year-1, the lowest non-US entity we ship.
  • Gray tier but clean lists: not on EU Annex I, not on Annex II, not on any FATF list.
  • No public register of beneficial owners; UBO records are held by the licensed agent, not published.
  • USDT is widely accepted in the SVG corridor, so the formation itself can be settled end-to-end in USDT.
Plain talk

What you are actually buying with Saint Vincent & the Grenadines

Tier
GRAY

GRAY means banking is more selective and the entity reads as mid-tier to a compliance desk. It is not blacklisted, but expect a closer look and a narrower set of rails that will onboard it.

EU list
Off both EU listsOff the EU Annex I and Annex II lists as currently recorded. Lists move, so confirm current status before you file. We do not overstate this as permanent clean status.
FATF list
Off the FATF listsOff the FATF grey and black lists as currently recorded. Lists move, so confirm current status before you file.
UBO register
No public registerOwnership is not on a public register, but the licensed agent collects and verifies UBO regardless, and anonymous formation is not available. The licensed SVG agent is a regulated registered-agent and trustee provider and runs substantive KYC on every formation regardless of our platform tier. SVG does not publish UBO data, but the agent must keep beneficial-ownership records and produce them to the SVG regulator and to certain law-enforcement requests under treaty. Anonymous formation is not available on this SKU.
Banking reality

Banking is the hard constraint here, not formation. Because apostille is not supported, any rail that requires apostilled or legalized incorporation documents will decline the account, which removes a large share of international banks. Acceptance concentrates in crypto-tolerant rails and our Bitcoin-native option. Major US business-banking rails do not onboard SVG entities; if you need US banking, pair SVG with a US-domiciled WY or NM LLC. See the Banking page for named rails.

When Saint Vincent & the Grenadines is the wrong choice

Apostille is not supported in SVG, and this is the single biggest constraint. If your bank or any counterparty requires apostilled, legalized formation documents, SVG simply will not work and you should pick a jurisdiction where apostille is available, such as Belize or Seychelles. Do not buy SVG hoping to apostille later; you cannot today.

The reputational tier is gray and sits below Seychelles and Belize. Gray tier means mixed banking acceptance: some crypto-tolerant rails take SVG entities, many traditional banks do not, and onboarding friction is higher than for a mid-tier or tier-1 offshore structure. If you need an entity that sophisticated counterparties wave through, this is the wrong spend.

KYC reality

What we collect, and what Saint Vincent & the Grenadines filing requires

We collect
  • Email, country of residence, intended use statement
  • OFAC + EU + UN sanctions screen (every order)
  • Tier 1 KYC (ID + proof of address + source-of-funds attestation): required at this price tier
Local filing requires
  • Beneficial owner identification per SVG AML obligations and the Limited Liability Companies Act
  • Notarized copy of passport and proof of address
  • Member consent and the formation resolution naming the initial member

The honest note: The licensed SVG agent is a regulated registered-agent and trustee provider and runs substantive KYC on every formation regardless of our platform tier. SVG does not publish UBO data, but the agent must keep beneficial-ownership records and produce them to the SVG regulator and to certain law-enforcement requests under treaty. Anonymous formation is not available on this SKU.

Banking compatibility

Where Saint Vincent & the Grenadines entities bank

Offshore fallbackCrypto-tolerant Caribbean rail that accepts SVG entities case-by-case. Works best where the bank does not require apostilled formation documents.
Bitcoin-native bankBitcoin-native option for SVG-formed operators who want to hold BTC and USD together; the most reliable rail given the apostille gap.
Asia-corridor railAccepts SVG entities case-by-case for international operators, subject to its own document requirements.

Banking is the hard constraint here, not formation. Because apostille is not supported, any rail that requires apostilled or legalized incorporation documents will decline the account, which removes a large share of international banks. Acceptance concentrates in crypto-tolerant rails and our Bitcoin-native option. Major US business-banking rails do not onboard SVG entities; if you need US banking, pair SVG with a US-domiciled WY or NM LLC. See the Banking page for named rails.

Full banking ranking
Case for / case against

When this jurisdiction is right (and wrong)

Case for

If you need the cheapest possible non-US entity and you do not need apostilled documents, SVG is the right call. At $1,249 all-in for Year-1 it is the lowest-cost offshore LLC on the platform, the statute is established, and ownership is not published.

If your counterparties settle in USDT and you want the formation itself paid in USDT end-to-end, SVG is the most direct path. The licensed agent corridor accepts USDT widely, so there is no fiat hop in the middle.

If you are running purely offshore transactions, an invoicing or contracting vehicle that does not depend on a traditional international bank account, the apostille gap may never bite you, and SVG gives you a recognized non-US wrapper at the lowest cost we offer.

Case against

Apostille is not supported in SVG, and this is the single biggest constraint. If your bank or any counterparty requires apostilled, legalized formation documents, SVG simply will not work and you should pick a jurisdiction where apostille is available, such as Belize or Seychelles. Do not buy SVG hoping to apostille later; you cannot today.

The reputational tier is gray and sits below Seychelles and Belize. Gray tier means mixed banking acceptance: some crypto-tolerant rails take SVG entities, many traditional banks do not, and onboarding friction is higher than for a mid-tier or tier-1 offshore structure. If you need an entity that sophisticated counterparties wave through, this is the wrong spend.

If you are a US person, an SVG LLC does not reduce your US tax. CFC and Subpart F rules apply, and you carry FBAR, Form 8938, and Form 5471 obligations where relevant. Forming offshore as a US person without a competent cross-border tax advisor is a mistake. The structure is not a tax-avoidance tool.

FAQ

Common Saint Vincent & the Grenadines questions

Why is SVG the cheapest offshore LLC?

The SVG corridor runs on a lean registered-agent and trustee model with low government and wholesale costs, and we pass that through. At $1,249 all-in for Year-1 it is the lowest-priced non-US entity in the catalog. The trade-off is reputational tier and the apostille gap, not hidden fees.

Can I apostille my SVG formation documents?

No. Apostille is not supported in SVG today, so we cannot produce apostilled or legalized incorporation documents for you. This matters because many international banks require apostilled formation papers before opening an account. If your bank needs legalized documents, choose a jurisdiction where apostille is available, such as Belize or Seychelles. We flag this on the product itself so the constraint is visible before checkout.

Is SVG on any blacklist?

No. SVG is not on the EU Annex I blacklist, not on EU Annex II, and not on any FATF list as of 2026. It is gray tier on our internal scale, which reflects mid-tier reputation and mixed banking acceptance rather than any formal listing. We disclose the tier honestly so you can self-select. General information, not legal advice.

What banking actually works with an SVG LLC?

Plan on crypto-tolerant rails: a Caribbean offshore fallback, our Bitcoin-native option, or an Asia-corridor rail, each case-by-case. The apostille gap is the real filter, since any bank that requires legalized formation documents will decline. Major US business-banking rails do not onboard SVG entities. If US or apostille-dependent banking is essential, SVG is not the right jurisdiction.

What's the total cost and how do I pay?

$1,249 is the all-in Year-1 price for the SVG LLC, filed through the licensed agent. Year-2 onward is $499/yr for the registered agent and government renewal. You settle the whole order in BTC (on-chain and Lightning) or USDT via BitSettle, and USDT is especially well supported in this corridor.