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Building SocietiesThe institution of a "Building Society" compares broadly to the American equivalent "Savings and Loan Association." Such an institution serves as an asset holder for primarily home mortgage loans. The Building Society can, however, serve additional purposes. A simple structure under the existing Turks and Caicos Islands law could be: exempt company - operating - building society, and while legal and viable, there would be no governmental supervision. Barnett and Associates specializes in the creation of tax shelters and other offshore work and is based in the Turks and Caicos Islands. No illegal moneys are being sought, and a due diligence verification is required. In addition to helping our clients establish a bank in the Turks and Caicos Islands, we can assist in developing other options that may also be useful. These include a cost-effective holding company, and a vehicle which we have found, in the form of a Building Society. We here outline the differences, and will quote fees on request. We work with our clients to consider any of these options.
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Barnett and Associates
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Courtenay
Francis Raymond Barnett B. Sc. (Hons) London Barrister-at-Law (Lincoln’s Inn) Attorney-at-Law Turks and Caicos Islands Jamaica |
Senior Consultant: |
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