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Exemption from all forms of Nevis taxation and exchange controls provided that transactions take place only with non-residents;
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The trustee may be either a trust company licensed to do business in Nevis or a company incorporated under the Corporation Ordinance;
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The proper law may be the law of Nevis or the law of another jurisdiction;
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The rule against perpetuities does not apply;
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Forced heirship rules are specifically excluded;
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Spendthrift and charitable trusts are permitted;
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There is a US$25,000 bond requirement prior to the commencement of an action or proceeding against trust property;
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There is no registration requirement other than for the Trust's name, name of Trustee and the registered office address;
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Settlor and Beneficiary must be non-residents and may be the same person;
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One trustee must be a Nevis offshore company or a trust licensed company;
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Protectors are allowed for and may be the same person as the Settlor and Beneficiary of the Trust;
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An IET is valid and enforceable notwithstanding that it may be invalid according to the law of the Settlor's domicile or residence or place of current incorporation;
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The Trust is not considered fraudulent if settled up to 2 years after the date of the creditor's cause of action;
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The creditor must prove the intent of the debtor to defraud with "clear and convincing" evidence;
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The Statute of Queen Elizabeth is excluded.
