BVI company vs Bahamas company ....what are the pro and cons of each ?

[troubled soul]

For Digital Nomad person , for software industry....which jurisdiction is best ?
BVI company vs Bahamas company ...
What are the pros and cons of each ?
Regarding overall experience

 

[flyingadventures662]

I am still learning but from my small experience it seems BVI has much better reputation overall.

Also Bahamas is in the EU's blacklisted jurisdictions list. My lawyer strongly advices against going for any country listed there. At least we are in the EU, not sure if that matters that much for you.

 

[Martin Everson]

Both have garbage reputation. I live in one remember...lol.

pastet89 said:
I am still learning but from my small experience it seems BVI has much better reputation overall.
Click to expand...

No chance....The PM for BVI was arrested last year for drug trafficking.

https://www.euronews.com/2022/04/29...minister-arrested-on-drug-trafficking-charges
Bahamas could also get blow back over FTX and down the line Tether.

I would think carefully about using either without a clear plan to cover banking etc.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[elboligrafo]

There are international banks with locations in the Bahamas including Citibank.

International Banks

 

[the Hart]

No blowback. Its 100 other cryto firms in the Bahamas that are thriving.

BVI has had everything opened up over the past few years. Bahamas has accesss and chance for citezenship