Publications

Recognizing the importance of generating meaningful thought leadership on the myriad of legal issues encountered in our practice, Lex Caribbean’s attorneys combine a shared Caribbean heritage with training and experience gained in several financial centres around the world to generate rich, relevant and timely insight. Here follows a sample of our most recent publications


19 February 2016

Barbados: A Gem for High Net Worth Individuals

Barbados has long deservedly enjoyed a reputation as an enclave in paradise for the well heeled. Beyond its pristine beaches, stunning scenery, lushly greened polo fields, golf courses and lavish accommodation to suit the most discerning tastes, Barbados offers, in addition, a superlative lifestyle which is as culturally rich as it is socially stimulating. Prior to now, those privileged enough to enjoy its charms have generally only been able to do so for limited periods of time on visitors' visas or work permits. At last, as a result of recent developments

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01 February 2016

What's the Plan?

The purpose of this article is to focus on one of the documents involved in buying and selling land – The Plan – and the related issue of Encroachments.

THE PLAN

The Conveyance is the document by which property is transferred from the vendor to the purchaser. It must always contain certain essential information, including the names of the vendor and purchaser, the purchase price and a description of the property being bought and sold

 

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20 January 2016

Private islands, private jets.....private trust companies? Barbados' latest wealth planning innovations provides the luxury of control and flexibility

Barbados has long been a paradise for the discerning members of the global elite. A pristine natural environment offering upscale elegance wrapped in authentic island charm and warm hospitality has long been a part of the allure of the island. In addition to the usual luxuries with which this well-heeled clientele would be familiar: private islands, private jets to name a few, Barbados now provides valuable wealth planning mechanics through its new private trust companies regime.

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18 January 2016

Using Barbados to Protect Wealth: China Edition (Part 4)

In relation to retention of appropriate control by settlors, Barbados has also enacted amendments to the Trustee Act to expressly permit the reservation of powers by settlors, without such reservation undermining the integrity of the trust. The recently enacted Trustee (Amendment) Act 2012-21 (the TA Act) relating to reserved power trusts was proclaimed in 2014 and is now in force in Barbados. Read More

18 January 2016

Using Barbados to Protect Wealth: China Edition (Part 3)

Barbados has recently enacted legislation permitting the establishment of private trust companies by the enactment of the Private Trust Companies Act, 2012-22, which is now in force. The use of private trust companies is particularly popular with settlors who wish to retain an appropriate level of control with regards to the administration of trust assets. Read More
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