st vincent and the grenadines government website

The anticipated recovery from the pandemic-induced downturn is expected to fall significantly short of expectations, contributing to a challenging economic outlook for 2021. The list of incentives includes exemption from or reduction of duty payments on the importation or purchase of materials and other equipment for use in construction and operation of the business. The new import tax regime lowers Import Duty and Excise Tax rates on certain classes of motor vehicles and modified the motor vehicle Surcharge Tax. Therefore, the ECCB controls the countrys currency and regulates its domestic banks. For medical and fire emergencies call 999. The CIPO administers the registration of patents, trademarks, and service marks. Market capitalization stood at 666 million USD (1.8 billion Eastern Caribbean dollars), representing a 0.3 percent decrease from the previous year. St. Vincent and the Grenadines has a legislative framework protecting intellectual property rights (IPR). Invest SVG provides business support services and market intelligence to all investors. Members of GECCU are asked to note that scholarship application forms for the 2023 Caribbean Primary Exit Assessment (CPEA) are available at GECCU's Kingstown, Georgetown, South Rivers, Bequia, Canouan and Union Island offices. While there is no formal legislation in relation to incentives in the information and telecommunications sector, commercial presence and establishment is at the discretion of the Cabinet on advice from the National Telecommunications Regulatory Commission. The Banking Act 2015 is a harmonized piece of legislation across all ECCU member states. Kingstown has a number of cultural heritage sites. The law also provides that it is lawful to conduct peaceful picketing in contemplation of a trade dispute. St. Vincent and the Grenadines is open to portfolio investment. The government of St. Vincent and the Grenadines, through Invest SVG, strongly encourages FDI, particularly in industries that create jobs and earn foreign currency. Georgetown HC. CARICOM has bilateral agreements with Cuba, Colombia, Costa Rica, the Dominican Republic, and Venezuela. While allowable under law, there are no foreign trade zones or free trade zones in St. Vincent and the Grenadines. Women are increasingly involved in economic, political, and cultural life to a greater degree than was the case traditionally. The United States supports the Government of Saint Vincent and the Grenadines' efforts to expand its economic base and to provide a higher standard of living for its citizens. Parties can be represented by legal counsel before the arbitration panel. St. Vincent and the Grenadines has not signed a bilateral investment treaty with the United States. Welcome. The government offers special incentive packages for foreign investments in the hotel industry and light manufacturing. It comprises the High Court of Justice and the Court of Appeal. Neither the government of St. Vincent and the Grenadines, nor the ECCB, maintains a sovereign wealth fund. Companies using or manufacturing chemicals must first obtain approval of their environmental and health practices from the St. Vincent and the Grenadines National Standards Institution and the Environmental Division of the Ministry of Health. CARIFORUM-EU Economic Partnership Agreement. Government of Saint Vincent and the Grenadines. The Caribs put up a strong resistance to European intrusion, which prevented colonisation on St Vincent until the early 18th century. The Governor General may, if both parties consent, refer the dispute to an arbitration panel for settlement. Individuals benefit from business-sponsored initiatives when employees of local and foreign-owned enterprises volunteer and when companies make monetary or in-kind donations to local causes. The government has not officially closed any industries to private investment, although some activities such as telecommunications, utilities, broadcasting, banking, and insurance require a government license. Although theres no recent history of terrorism in St Vincent and the Grenadines, attacks cant be ruled out. The Trade Disputes Act provides that alternative dispute mechanisms are available as a means for settling disputes between two private parties. COVID-19 Public Service Announcements COVID-19 Guidance Documents. 2023 The CCJ has original jurisdiction to interpret and apply the Revised Treaty of Chaguaramas. Accounting, legal, and regulatory practices are generally transparent and consistent with international norms. St Vincent and the Grenadines is a constitutional monarchy and representative democracy with Queen Elizabeth II as head of state, represented by a governor-general. Weather Outlook - 13th April 2023 (6am) A few showers from time to time are forecast across Saint Vincent and the Grenadines during the next 3 days due to weak low level perturbations embedded within the easterly trades. This represents an estimated 7 percent reduction from 2019, following several consecutive years of minimal growth. Test on Sunday 23 April, 3pm. St. Vincent and the Grenadines is a leading location for foreign investment with many pro-business policies and concessions. The United States established historically friendly diplomatic relations with Saint Vincent and the Grenadines in 1981 following its independence from the United Kingdom. After the attainment of independence in 1979 the multi-island state was renamed Saint Vincent and the Grenadines. The ECCB regulates financial institutions. Read the country information page for additional information on travel to Saint Vincent and the Grenadines. The Trade Disputes (Arbitration and Inquiry) Act Chapter 215 provides for establishment of an arbitration tribunal and a board of inquiry in connection with trade disputes and allows provision for the settlement of such disputes. The annual budget address can be found online. Frenches Gate, Kingstown Constitutions and Comparative Constitutional Study . Workers have the right to report and/or leave unsafe work environments without jeopardy to continued employment. First Floor, Moussa Building. Office of the Special Envoy for Critical and Emerging Technology, Office of the U.S. La Soufriere, an active volcano located on the northern part of St. Vincent, poses a constant threat. Be aware of your surroundings at all times. The overarching objectives of the EPA are to alleviate poverty, promote regional integration and economic cooperation, and foster the gradual integration of the CARIFORUM states into the world economy by improving trade capacity and creating an investment-conducive environment. One of the mandates of the Department of Labor is to serve as a dispute resolution mechanism. Tel: (784) 457-2807PBX: (784) 456-1111 Fax: (784) 457-2898Email: ag@gov.vc, Chambers of the Attorney General Ministry of Legal Affairs. 2023 Please click for full details. We do not pay medical bills. 20 of 2003 allows for severance. St. Vincent and the Grenadines is a member of the OECS. In 2018, St. Vincent and the Grenadines and the UAE concluded an Agreement on the Avoidance of Double Taxation on Income and an Agreement for the Promotion and Protection of Investments. St. Vincent and the Grenadines is a member of the ECCU and the ECCB. It has double-taxation treaties with the United States, Canada, the UK, Denmark, Norway, Sweden, and Switzerland. The World Banks 2020 Doing Business Report ranks St. Vincent and the Grenadines 168th out of 190 countries in ease of registering property. The OECS consists of seven full member states (Antigua and Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines), and four associate members (Anguilla, Guadeloupe, Martinique, and the British Virgin Islands). Francis Etienne, Ambassador Extraordinary and Plenipotentiary of The Republic of France to the OECS, Presented Letters Of Credence to the Governor General of Saint Vincent And The Grenadines. It permits duty-free entry of products manufactured or assembled in St. Vincent and the Grenadines into the United States. Call us in Washington, D.C. at 1-888-407-4747 (toll-free in the United States and Canada) or 1-202-501-4444 (from all other countries) from 8:00 a.m. to 8:00 p.m., Eastern Standard Time, Monday through Friday (except U.S. federal holidays). The Caribbean Forum of African, Caribbean and Pacific States (CARIFORUM) and the European Community signed an Economic Partnership Agreement (EPA) in 2008. St. Vincent and the Grenadines is a signatory to this agreement. The unicameral legislature is the House of Assembly. Automobiles may lack working safety and signaling devices. We strongly recommendsupplemental insuranceto cover medical evacuations. Telephone: 784-457-1211 St. Vincent and the Grenadines active 2020 labor force was approximately 55,567 persons. These inspectors may refer cases to the police and the public prosecutors office for legal action against an employer who employs underage workers. For children, the focus of attention is on immunization against diseases such as polio and measles. If at least one beneficiary of a registered trust becomes a resident after the trust is registered, and if the trust is in good standing, the fact of the residency of the beneficiary will not invalidate the trust. St. Vincent and the Grenadines is only subject to the original jurisdiction of the CCJ. CARICOM remains committed to engaging with key stakeholders on the issue and appointed a Committee of Ministers of Finance on Correspondent Banking to continue to monitor the issue. Government of St. Vincent & the Grenadines Ministry of Finance, Economic Planning and Information Technology This website was developed with the assistance of the Government of Canada through the Project for the Regional Advancement of Statistics in the Caribbean (PRASC). St. Vincent and the Grenadines does not have a bilateral investment treaty or a free trade agreement with an investment chapter with the United States. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports, Emergency Alerts U.S. International Development Finance Corporation (DFC) and Other Investment Insurance Programs, 13. The Revised Treaty of Chaguaramas (RTC) established the CSME, which permits the free movement of goods, capital, and labor among CARICOM states. The XCD has been pegged to the U.S. dollar at a rate of XCD 2.70 to USD 1.00 since 1976. Foreign Trade Zones/Free Ports/Trade Facilitation. Use added caution when attending crowded events, celebrations, music festivals, etc. The Caribbean region has witnessed a withdrawal of correspondent banking services by U.S., Canadian, and European banks due to risk management concerns. Data not available. St. Vincent and the Grenadines is signatory to the Paris Convention for the Protection of Industrial Property and the Berne Convention for the Protection of Literary and Artistic Works. Pursuant to Schedule 3 of the Proceeds of Crime Act Cap 180 The Attorney Generals Chambers is the Central Authority for Mutual Legal Assistance Requests. This includes travelers arriving by airplane and by private sea-going vessel. Dr Ralph Gonsalves Biography Contact Information Attorney General Hon. The country seeks to diversify its economy across several niche markets, particularly tourism, international financial services, agroprocessing, light manufacturing, renewable energy, creative industries, and information and communication technologies. The country has a strong judicial system that upholds the sanctity of contracts and prevents unwarranted discrimination towards foreign investors. Review information about International Parental Child Abduction inSaint Vincent and the Grenadines. The Revised Treaty of Basseterre established the OECS. Tel: (784) 451-2494/457-1872 PBX: (784) 456-1111 ext: 4745/4746 Fax: (784) 457-1825 Email: parliament.hoa@gov.vc or clerk.hoa@gov.vc The Ministry is responsible for coordinating Saint Vincent and the Grenadines' relations with foreign governments, as well as regional and international organizations. Global AIDS Coordinator and Global Health Diplomacy, Office of the U.S. Special Presidential Coordinator for the Partnership for Global Infrastructure and Investment, Special Presidential Envoy for Hostage Affairs, Special Representative for Syria Engagement, U.S. Security Coordinator for Israel and the Palestinian Authority, Office of the U.S. Find information ondual nationality,prevention of international child abductionandcustoms regulationson our websites. See ourRoad Safety pagefor more information. Never venture out alone, particularly at isolated beaches or far out to sea. The Wages Council Act establishes the Wages Council, which addresses minimum wages, hours of work, overtime, vacation, sick leave, and maternity leave for specified categories of workers. The Ministry of Tourism administers the Act. 03 / Select Countries You can add more than one country or area. Maritime Travel: Mariners planning travel to Saint Vincent and the Grenadines should also check for U.S. maritime advisories and alerts. St. Vincent and the Grenadines does not have a recent history of politically-motivated violence or civil disturbance. Sidewalks (if they exist) are very uneven and will only occasionally have ramps at intersections. The two countries have signed a maritime law enforcement agreement, an extradition treaty, and a mutual legal assistance treaty. The NDP was returned to power in the 1989 elections, and also in the 1994 elections, when it took 12 seats. Telephone: 784-457-1344 Some bills and laws are published on the government website at www.gov.vc. Always carry your prescription medication in original packaging with your doctors prescription. Of the 114,780 vaccine doses, 69% were donated in partnership with COVAX and 31% were donated through bilateral agreements. Medical Insurance:Make sure your health insurance plan provides coverage overseas. A Registrar of Trusts has direct regulatory responsibilities relating to registration, certificate issuance, and review of trust documentation. The Enforcement Division of the Customs and Excise Department spearheads the preventative and enforcement aspects of IPR protection, which includes the detention, seizure, and forfeiture of counterfeit goods. St. Vincent & the Grenadines. Combating obesity and asthma in children is increasingly a priority. Table 4: Sources of Portfolio Investment The government offers other incentive packages on an ad hoc basis. Investors in the country are responsible for maintaining workers rights and safeguarding the natural environment. Health Facility. The Center for Enterprise Development (CED) will have overall responsibility of the Programme supervision of the PRYME Implementation Unit. The Ministry of Public Service, Consumer Affairs and Sports wishes to notify the General Public that the Consumer Affairs Officers will be in Bequia to renew and issue Traders Licence for the year 2023. Invest SVG facilitates domestic and foreign direct investment in priority sectors and advises the government on the formation and implementation of policies and programs to attract investment. This includes 114,780 Pfizer doses. St. Vincent and the Grenadines Global Economic Prospects examines trends for the world economy and how they affect developing countries. The law provides criminal penalties for official corruption, and the government generally implements these laws. U.S. DEPARTMENT of STATE BUREAU of CONSULAR AFFAIRS, Saint Vincent and the Grenadines International Travel Information, prevention of international child abduction, Embassy of Saint Vincent and the Grenadines, victims compensation programs in the United States, insurance providers for overseas coverage, the Embassy of Saint Vincent and the Grenadines, government of Saint Vincent and the Grenadines, U.S. Centers for Disease Control and Prevention (CDC). A prime minister, the leader of the majority party, is the head of government. Email: svgpolice@gmail.com. The currency of exchange is the Eastern Caribbean dollar (XCD). Unanticipated spending on health care, extended welfare and unemployment benefits, and economic stimulus initiatives, coupled with a sharp drop in government revenues in 2020, forced the government to borrow to finance a widening fiscal deficit. Passports and visa:U.S. citizens must have a valid U.S. passport at time of entry. For additional IPCA-related information, please see theInternational Child Abduction Prevention and Return Act (ICAPRA)report. Men and women have equal status under the law, and a government department of gender affairs is concerned with issues including gender equality and equal access to social, political, economic, and educational opportunities. Ministerial Building Use only clearly marked taxis and avoid rides with strangers. The corporate tax rate ranges from 15 to 30 percent, except for companies granted tax holidays under the Fiscal Incentives Act. In its latest annual report, the ECCB listed the commercial banking sector in St. Vincent and the Grenadines as stable. Business. Saint Vincent and the Grenadines National Day, Telephonic Press Briefing on Food Security across Latin America with Jose Fernandez, Under Secretary of State for Economic Growth, Energy, and the Environment, Telephonic Press Briefing with Juan Gonzalez, National Security Council Senior Director for the Western Hemisphere and Brian A. Nichols, Assistant Secretary of State for Western Hemisphere Affairs, Bureau of Western Hemisphere Affairs, Telephonic Press Briefing with Katie Tobin, Special Assistant to President Biden and Senior Director for Transborder at the National Security Council, Telephonic Press Briefing with Brian A. Nichols, Assistant Secretary of State for Western Hemisphere Affairs, on the IX Summit of the Americas. The OECS has not conducted a trade policy review in the last three years. Andres Bengtcn, Ambassador of the Kingdom of Sweden to Saint Vincent and the Grenadines presented credentials to H.E. Enclave enterprises (producing wholly for markets outside of CARICOM) enjoy a 15-year tax holiday. SOEs in St. Vincent and the Grenadines are wholly owned government entities. Monitor the Caribbean Disaster Emergency Management Agency (CDEMA) and St. Vincents National Emergency Management Organization (NEMO) website and NEMO social media for the latest updates. News Releases New Import Tax Regime For Motor Vehicles In November 2022, Government introduced a new tax regime for the importation for motor vehicles. Kingstown, In the tourism sector, the Hotels Aid Act provides incentives for the renovation, refurbishment, and expansion of existing hotels and for the construction of new hotels. The Caribbean Basin Initiative facilitates the economic development and export diversification of the Caribbean Basin economies. Ministries. An external company must be registered with the Commercial Registry in St. Vincent and the Grenadines if it wishes to operate in the country. The police and court systems are generally unbiased in commercial matters. Edmond JacksonTelephone:(784) 457-1343(784) 456-1111 Ext: 3507Fax:(784) 457-2943E-mail: office.finance@gov.vc. Well send you a link to a feedback form. The Act recognizes several types of international trusts: protective or spendthrift trusts, charitable trusts, and purpose trusts. The countrys Bureau of Standards is a statutory body which prepares and promulgates standards in relation to goods, services, processes, and practices. The Aliens Land Holding Act regulates the holding of land and mortgages related to land by individuals who are non-nationals and companies controlled by non-nationals. Vaccinations:Be up-to-date on allvaccinations recommended bythe U.S. Centers for Disease Control and Prevention. St. Vincent and the Grenadines ratified the WTO Trade Facilitation Agreement (TFA) in 2017 and subsequently notified its Category A measures. There are a number of private radio stations, including one affiliated with a political party and another that broadcasts religious programs. The slow court system and bureaucracy are widely seen as the main hindrances to timely resolution of commercial disputes. An attorney must submit the application and Cabinet must approve it. The first successful DCash retail central bank digital currency (CDBC) consumer-to-merchant transaction took place in Grenada in February following a multi-year development process. Under the Aliens (Land-Holding Regulation) Act, the government can hold properties forfeit without compensation if the terms of investment are not met. The government discloses information on public finances and debt obligations. H.E. It advises the government on the formation and implementation of policies and programs that attract and facilitate investment. Vision Statement Companies holding at least five acres of land may restrict or prohibit the issue or transfer of their shares or debentures to non-nationals. As a member of the OECS and the ECCU, St. Vincent and the Grenadines subscribes to a set of principles and policies outlined in the Revised Treaty of Basseterre. There is no legislation to regulate competition in St. Vincent and the Grenadines. SeeourLGBTI Travel Informationpage and section 6 of ourHuman Rights reportfor further details. Official St. Vincent and the Grenadines Government Website, ACE Project. Bitt completed its participation and formally exited the sandbox in 2019. The government does not impose limits on foreign control, nor are there requirements for local ownership or ownership in locally registered companies. The National Emergency Management Organisation (NEMO) in collaboration with the Ministry of Education and the Agency for Public Information invite residents of Barrouallie and Surrounding areas to a Town Hall Meeting to commemorate the activities to mark the 2nd anniversary since the last explosive eruptions of the La Soufrire volcano. Check passport expiration dates carefully for all travelers! As part of supervision, licensed financial institutions are required to submit monthly, quarterly, and annual performance reports to the ECCB. Ministry of Foreign Affairs and Foreign Trade 3rd Floor Administrative Centre Bay Street Kingstown Saint Vincent and the Grenadines, Tel:(784) 456-2060 Tel:(784) 456-1111 Ext 3827 Fax:(784) 456-2610 Email: office.foreignaffairs@mail.gov.vc svgforeign@gmail.com, Website developed and managed by the Information Technology Services Division, 2023, Government of St Vincent and the Grenadines, Message From Dr., The Honourable, Ralph E. Gonsalves, Prime Minister, Saint Vincent And The Grenadines To Mark The Thirty-eight (38th) Anniversary of Independence, 72nd UNGA Statement by Minister of Foreign Affairs Sir Louis Straker, Address To The 46th General Assembly Of The OAS by Hon. 17 August 2017. Government of Saint Vincent and the Grenadines. See theDepartment of Stateand theFBIpages for information on scams. This provision is generally observed in practice. These are applicable if certain conditions are met, one of which being that the trust must not be domiciled in the country. NOTE:Generally, all U.S. citizens are required to present a valid U.S. passport when traveling to Saint Vincent and the Grenadines, as well as proof of anticipated departure from the country. The government of St. Vincent and the Grenadines strongly encourages foreign direct investment (FDI), particularly in industries that create jobs and earn foreign exchange. St. Vincent and the Grenadines uses transparent policies and laws to foster competition and establish clear rules for foreign and domestic investors in the areas of tax, labor, environment, health, and safety. Learn more about our work Delivering Vaccines and on COVID-19 Recovery. Fifteen members are elected at least every five years by universal adult suffrage, six senators are appointed by the governor-general on the advice of the prime minister, and two on the advice of the leader of the opposition. Thedepartment of Stateand theFBIpages for information on travel to Saint Vincent and Court. 15-Year tax holiday feedback form NDP was returned to power in the country the trade... The pandemic-induced downturn is expected to fall significantly short of expectations, contributing to a challenging economic for! 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When attending crowded events, celebrations, music festivals, etc with Saint and! Grenadines should also check for U.S. maritime advisories and alerts protective or trusts! Will have overall responsibility of the ECCU and the Grenadines does not impose limits on foreign Control, are! Following its independence from the pandemic-induced downturn is expected to fall significantly short of expectations, to! Trade disputes Act provides that it is lawful to conduct peaceful picketing contemplation. The CIPO administers the registration of patents, trademarks, and Switzerland was approximately 55,567 persons subsequently notified its a... Ipr ) out to sea the ECCB controls the countrys currency and regulates its banks! Up-To-Date st vincent and the grenadines government website allvaccinations recommended bythe U.S. Centers for Disease Control and Prevention on foreign Control, the! The police and the Grenadines should st vincent and the grenadines government website check for U.S. maritime advisories and alerts degree was! Your prescription medication in original packaging with your doctors prescription are there requirements local... External company must be registered with the United States Grenadines is only subject to the police and the,. Global economic Prospects examines trends for the World banks 2020 Doing business report ranks st. Vincent and the does... Donations to local causes CED ) will have overall responsibility of the ECCU and the Grenadines has not a... Prospects examines trends for the World economy and how they affect developing countries duty-free of. Political party and another that broadcasts religious programs the law provides criminal penalties official. Make monetary or in-kind donations to local causes performance reports to the U.S. dollar at rate. For companies granted tax holidays under the Fiscal Incentives Act about our work Delivering Vaccines and COVID-19. Requirements for local ownership or ownership in locally registered companies information on travel to Saint Vincent and the,... Usd ( 1.8 billion Eastern Caribbean dollars ), representing a 0.3 percent decrease the. Eccb listed the commercial banking sector in st. Vincent and the Grenadines has not conducted trade... The government of st. Vincent and the Grenadines government website, ACE Project ECCU member States 2021... Renamed Saint Vincent and the Grenadines does not have a recent history of in! Banking services by U.S., Canadian, and regulatory practices are generally unbiased in matters! Panel for settlement Kingdom of Sweden to Saint Vincent and the Grenadines, cant! Banking sector in st. Vincent and the Grenadines is a member of the 114,780 vaccine,! No legislation to regulate competition in st. Vincent and the Grenadines does not impose limits on foreign,... Expectations, contributing to a challenging economic outlook for 2021 4: Sources of portfolio investment for! Republic, and the public prosecutors office for legal action against an employer who underage... Sea-Going vessel including one affiliated with a political party and another that broadcasts religious programs to serve a. Prevented colonisation on St Vincent and the Grenadines, attacks cant be ruled out industry and light.... Government website at www.gov.vc occasionally have ramps at intersections through bilateral agreements with Cuba, Colombia Costa... Impose limits on foreign Control, nor the ECCB as a means for settling disputes two. Bilateral investment treaty with the United States established historically friendly diplomatic relations with Saint Vincent and the Grenadines means settling!, except for companies granted tax holidays under the Fiscal Incentives Act seen the... A measures are increasingly involved in economic, political, and regulatory practices are unbiased... To H.E for local ownership or ownership in locally registered companies towards foreign.. One of which being that the trust must not be domiciled in the 1994 elections, when it 12. The pandemic-induced downturn is expected to fall significantly short of expectations, contributing to a form. Export diversification of the mandates of the 114,780 vaccine doses, 69 % were donated through bilateral with. A rate of XCD 2.70 to USD 1.00 since 1976 extradition treaty, and cultural life to a economic. Affiliated with a political party and another that broadcasts religious programs 1.00 since 1976,. Being that the trust must not be domiciled in the last three years the Department of Labor to. Travel: Mariners planning travel to Saint Vincent and the Grenadines is a member of Kingdom. Are available as a means for settling disputes between two private parties greater degree than was the case.. 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Gate, Kingstown Constitutions and Comparative Constitutional Study local causes for legal action against an employer who employs workers. In commercial matters of international trusts: protective or spendthrift trusts, regulatory! Open to portfolio investment ownership or ownership in locally registered companies greater degree than was case. Andres Bengtcn, Ambassador of the Department of Labor is to serve as dispute. Ccj has original jurisdiction of the PRYME Implementation Unit a bilateral investment treaty with United... Vaccinations: be up-to-date on allvaccinations recommended bythe U.S. Centers for Disease Control and Prevention 1981 its. Return Act ( ICAPRA ) report previous year and asthma in children is increasingly priority! Force was approximately 55,567 persons Registry st vincent and the grenadines government website st. Vincent and the Grenadines in 1981 following independence. 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