In Montserrat, an offshore bank account for non-resident in 2026 is by definition a bank service that allows deposits at a Montserratian bank for the benefit of foreign individuals or entrepreneurs that are keen to invest in the Montserratian island without residing there.
In Montserrat, the offshore bank account for non-resident aims to give the solution to private persons and corporates to diversify geographically their risks in placing their assets and wealth with Montserratian banks that offer tax incentives.
In Montserrat, an overseas bank account for non-resident in order to be opened requires a minimum cash deposit that is quite low (of EC$100.00 or ca. 35 US Dollars, for setting up an offshore company 10,000 US Dollars) and a signed letter of application for opening this account, a passport and proof of current address in addition to legitimation of the source of wealth.
In Montserrat, the offshore bank account for non-resident presents several benefits for the non- domiciled in addition to the confidentiality that is guaranteed by the Montserratian banks, the fact that there is no tax on income sourced outside of the island.