Saint Vincent

The full name of the island country is Saint Vincent and the Grenadines. It is located on the border of the Caribbean sea, where the it meats the Atlantic ocean. As with all the Caribbean sea islands, Saint Vincent has an great weather, with the exception of some tropical storms, that damage economy wiping out a part of the yearly plantations.

Economy

Most of the Saint Vincent's economy comes from the export of goods, mostly bananas. Recently the service sector has taken over a big part of the economy, mostly focusing on tourism.

Barbados

As typing in to Google "Barbados offshore" found most results in a "bank" added to the previous quote,  I can certainly say that Barbados is mostly used for offshore banking. Barbados is the 51st richest country in the world looking at the GDP per capita. With a very well developed and mixed economic system.

Belize

Belize is an country on the board of central America, bordering Mexico, Guatemala and the Caribbean sea. It's the country with the lowest population density in the central America. Belize has a large variety of culture and languages, mainly due its location, a place where many travelers, explorers and fighters have gone trough. The main language of Belize is English, but due to the variety of the culture, many different languages are used in the every day life such as English creole and Spanish. Well know as the place of birth of chewing gum and Punta music.

Offshore fund

An offshore found is a fund, that is located in another place than the residence of the found holder. Many offshore financial centers are available as places for investment. Offshore funds are often regarded as collective investment schemes and the as the main from of offshoring where the underground economy comes from, thought the usage of shell companies allowing for some to complete tax evasion.

Why are offshore funds used?

Business process outsourcing

Business process outsourcing means the movement of an essential or non essential part of a business to another country. Now days even if the country's right next to yours it can still be regarded as an offshore or most likely near shore. Most large manufacturers or it service providers are know to outsource some part of their business chain to another location due to lower costs or another aspect that makes their business more effective.

Most popular places for Business process outsourcing:

How Europe parliament elections 2014 could change the offshore business?

In short - it shouldn't, but it could, because the EU parliament will have more power over the EU more than ever after this years elections. 2014 elections take place from 22-25 may and are going to take place in all of the Europe Union countries. In 2013 EU parliament made a document of its intentions regarding the elimination of Tax heavens and offshore financial transactions that could impact its budget and resources.

Anguilla

Anguilla is a country in the Caribbean and also one of the British overseas territories. Composed of the main island of Anguilla and a couple of smaller islands. The main gross domestic product comes from the tourism, fishing, offshore company and bank creation, also captive insurance. The official language is English and some adaptations of the English language are mostly used for communication. Most of the population is black with around 4% white and 3% of mixed descent.