Why are so many financial investment companies in the Virgin Islands?
Thursday, July 23rd, 2009 at
8:12 pm
I am considering some investment companies that deal in forex. I have noticed that a lot are located in the British Virgin Islands. I have found a couple that I would like to do business with, but I am curious as to if there is a particular reason that they are located here and if there is any reason to be concerned about this. Thanks!!!
Tagged with: british virgin islands • Forex • investment companies
Filed under: Forex Companies
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probably no corporate income taxes for those companies
unless you already invest in stocks, bonds and or mutual funds and are very successful at that, currency trading is the last thing you should be considering – you can lose money just as easily as make money and with currency conversion fees, you are more likely to lose money doing that