Montserrat

The ISO code of Montserrat is MS according to the ISO 3166 standard. The local name of the country is the same as its English name. Montserrat capital city is Plymouth (official); Brades Estate (de facto). People in Montserrat speak the English language. In the year 1632, Montserrat emerged as a sovereign political entity.

Montserrat is located in the UTC -04:00 time zone, which is also called Atlantic Standard Time or AST. The internet country code top-level domain (ccTLD) for Montserrat is .ms. The International dialing code for Montserrat is 1664. People in Montserrat drive on the left side of the road. Total land area of Montserrat is 102 km² (approx. 39 mi²). Montserrat is not a landlocked country. It means that is is bordered by at least one major body of water.

Montserrat is located in North America. Montserrat is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.

Currently Montserrat faces various issues, including land erosion occurs on slopes that have been cleared for cultivation.

Doing business in Montserrat

We offer various corporate services in Montserrat jurisdiction. These services can serve both, people coming from Montserrat and foreigners. If you plan on doing business in Montserrat you might be interested in contacting us.

To find out about starting your business in Montserrat click on company formation in Montserrat.

To find out how to open a bank account in Montserrat and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Montserrat.

Choose preferred service below or continue reading to find out more about Montserrat.

Company formation Bank account (Corporate)Available banks Bank account (Private)

Demographics of Montserrat

The total population of Montserrat is 5,203 people. In Montserrat, the population density is 48 people per square kilometer (125 per square mile). Because of this statistic, this country is considered to be sparsely populated. Montserrat has approximately 1351 foreign immigrants. The median age is approximately 31.4 years.

The majority religion of Montserrat is Christianity, Montserrat is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Montserrat.

Culture of Montserrat

People in Montserrat speak the English language. One of the most popular national dishes of Montserrat is goat stew. To read more click on culture of Montserrat.

Geography of Montserrat

Montserrat is considered to be a large nation because of its total area. Its total land area is 102 km² (approx. 39 mi²). Montserrat is located in North America. Its capital city is Plymouth (official); Brades Estate (de facto). Montserrat has no land borders.

The highest point of Montserrat is Chances Peak, with its official height being 915 m (3,002 ft). Including land mass and EEZ, the total area of Montserrat is approximately 102 km² (~39 mi²). To read more click on geography of Montserrat.

Economy of Montserrat

The currency of the country is eastern caribbean dollar. The symbol used for this currency is $, and it is abbreviated as XCD. 13.7% of population in the country are unemployed. The total number of unemployed people in Montserrat is 713. Each year, Montserrat exports around $0 billion and imports roughly $0.03 billion. The Gini Index of the country is 30. Montserrat is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are tourism, rum, textiles, electronic appliances.

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Montserrat is $0 billion. Each year, consumers spend around $45 million. The ratio of consumer spending to GDP in Montserrat is 8%, and the ratio of consumer spending to the world consumer market is 0.0001. The corporate tax in Montserrat is set at 20%. Personal income tax ranges from 0% to 30%, depending on your specific situation and income level. VAT in Montserrat is 15%. To read more click on economy of Montserrat.

Infrastructure of Montserrat

There are 2,431 internet hosts in Montserrat. Montserrat has 1 airports nationwide.

The number of road motor vehicles per 1000 inhabitants in Montserrat is 70. To read more click on infrastructure of Montserrat.

Politics of Montserrat

Montserrat, is a parliamentary dependency under constitutional monarchy. The head of the government is Elizabeth II.

In Montserrat, the legislative power is vested in a Legislative Council. To read more click on politics of Montserrat.

Environment of Montserrat

Montserrat emits 12.98 metric tons per capita of CO₂. The number of road motor vehicles per 1000 inhabitants in Montserrat is 70. To read more click on environment of Montserrat.

Company formation in Montserrat

The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Montserrat.

When establishing a company in Montserrat, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Montserrat that will affect the establishment and growth of one's business. Contact us or click on company formation in Montserrat to read additional information when setting up a business.

Bank account opening in Montserrat

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Montserrat. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.

When considering opening a bank account in Montserrat, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Montserrat or contact us.