Seychelles IBCs and Citizenship: A gateway for International Business and Financial Freedom

The Seychelles is an island nation located in the Indian Ocean, off the coast of East Africa. The archipelago consists of 115 islands, with the three main islands being Mahé, Praslin, and La Digue.

The country has a population of around 98,000 people and its capital city is Victoria. The official languages are English, French, and Creole.

Seychelles is known for its stunning beaches, crystal-clear waters, and diverse marine life. It is a popular tourist destination, particularly for luxury tourism and diving. The island's natural beauty and diverse wildlife make it an ideal location for ecotourism and nature-based activities. The country is also known for its Creole culture, which is a blend of African, Indian, Chinese, and European influences.

The economy of Seychelles is based on tourism, fishing, and agriculture. The government has been promoting sustainable development, and as a result, the country has been successful in preserving its natural resources and biodiversity.

Seychelles has a citizenship by investment program, which allows investors to obtain citizenship in exchange for a monetary contribution to the country's development fund, or by purchasing a property in the country. Additionally, Seychelles also offers IBC (International Business Company) structure for businesses and individuals looking for asset protection and privacy.

Seychelles offers a Citizenship by Investment Program.

This program allows individuals to obtain citizenship of the country in exchange for a monetary contribution to the country's development fund, or by purchasing a property in the country. The program is also known as an "Economic Citizenship Program" and is regulated by the Seychelles Citizenship Act, 2016.

Under this program, eligible applicants can obtain Seychelles citizenship by making a non-refundable contribution to the Seychelles Sustainable Development Fund (SDF), which is used to finance various projects aimed at promoting sustainable development in the country. The contribution amount varies depending on the number of dependents included in the application.

Alternatively, eligible applicants can also obtain Seychelles citizenship by purchasing a property in the country. The investment amount varies depending on the specific property and the number of dependents included in the application.

It's important to note that the Citizenship by Investment Program is subject to due diligence and background checks, and the process of obtaining citizenship can take several months. Additionally, it's also important to keep in mind that obtaining citizenship of Seychelles does not automatically grant you the right to live or work in Seychelles, you may need to obtain a residence permit or work permit.

Most popular Legal structure in Seychelles for global investors : IBC

An International Business Company (IBC) is a type of business structure that is commonly used for international trade and investment. IBCs are similar to offshore companies or international business corporations (IBCs) and are usually formed in jurisdictions that have a favorable business environment, such as low taxes, minimal regulations, and strong confidentiality laws.

An IBC formed in Seychelles is a separate legal entity, it can conduct business activities worldwide and it's not subject to Seychelles taxes on foreign-sourced income, capital gains, or taxes on dividends or interest. IBCs in Seychelles also have the flexibility to have bearer shares, which adds to the level of confidentiality.

The benefits of an IBC in Seychelles include:

1. Tax efficiency: An IBC in Seychelles is not subject to taxes on foreign-sourced income, capital gains, or taxes on dividends or interest, which makes it an attractive option for businesses looking to minimize their tax burden.

2. Confidentiality: IBCs in Seychelles are not required to disclose the names of their shareholders, directors or officers, which can be beneficial for businesses that want to keep their activities private.

3. Flexibility: An IBC in Seychelles can conduct business activities worldwide, and it can also hold assets, manage investments and conduct other business activities.

4. Ease of formation: IBCs in Seychelles can be formed quickly and easily, with minimal paperwork and formalities.

It's important to note that while IBCs in Seychelles can offer many benefits, they may not be suitable for every situation, and it's best to contact us to determine if an IBC in Seychelles is the best fit for your needs. Additionally, it's also important to keep in mind that you must comply with Seychelles laws and regulations and with the laws of the country where you reside.