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Investment Framework

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General Country Information #

Office Hours

Most commercial houses open Monday – Friday 8:00a.m. to 4:00p.m.; some do extended hours 4:30 p.m. – 5:00p.m. Others open on Saturdays as well from 8:00/9:00a.m. to 12 noon.

Language #

The official language of Saint Vincent and the Grenadines is English, and it is the language for doing business. However, French and Spanish are widely taught on the Island and there are many bi-lingual inhabitants.

Currency #

The official currency of Saint Vincent and the Grenadines is the EC dollar – Eastern Caribbean currency. It is tied to the USD at EC $2.70 = US $1.00. Banks will change notes at US $2.67 to EC $ 1.00 and cheques at EC $2.68 to US $1.00.

The rate for other currencies fluctuates daily, but in addition to the US dollar, the British pound sterling and the Canadian dollar are widely accepted. All major credit cards are accepted at restaurants and Hotels, and American Express, Visa, and MasterCard have representative agents in the State.

The monetary matters are regulated by the Eastern Caribbean Central Bank with headquarters in St. Kitts.

Couriers #

DHL and Federal Express maintain fully staffed offices. They are open on weekdays for business.

Post Office #

The main post office is situated in the capital, Kingstown (not to be confused with Kingston which is in Jamaica).

To Enter #

Valid passport must be carried by all persons entering the multi – island State. However, UK, and USA and Canadian citizens who possess valid picture identification and valid return ticket may use them for entry.

Airport #

Persons may enter the island through its main airport, the Argyle International Airport (AIA) which was officially opened on February 14th, 2017.

Airlines #

The multi – island state is serviced by LIAT, Mustique Airways, Air Martinique; St. Vincent and the Grenadines (SVG) Air; Air Canada; Inter-Caribbean Airlines; Caribbean Airlines; American Airlines and Virgin Atlantic. The main gateways are the United States of America, United Kingdom, Canada, Barbados, Grenada, St. Lucia and Trinidad and Tobago.

Banks #

Bank TypeBank NameAddressContact Information
Central BankEastern Caribbean Central BankKingstown, St.VincentTel: 1-784-456-1413
Fax: 1-784-457-2575
Commercial BankRepublic BankHalifax Street
P. O. Box 237
Kingstown, St. Vincent
Tel: 1-784-457-1601
Commercial BankRBTT81 South River Rd., Box 118
Kingstown, St. Vincent
Tel: 1-784-456-1501
Fax: 1-784-456-2141
Commercial BankFirst St. Vincent Bank Ltd.Granby St., Box 154
Kingstown, St. Vincent
Tel: 1-784-456-1873
Fax: 1-784-457-2675
Commercial BankCIBC First Caribbean International BankHalifax Street, Box 604
Kingstown, St. Vincent
Tel: 1-784-456-1706
Fax: 1-784-457-2985
Commercial BankBank of St. Vincent and the GrenadinesReigate Building
Granby Street
Kingstown, St. Vincent
Tel: 1-784-457-1844
Fax: 1-784-457-2612
Commercial BankSt. Vincent Cooperative BankUpper and South River Rd.
Kingstown, St. Vincent
Tel: 1-784-456-1894
Fax: 1-784-457-2183

Exchange Bureau #

Argyle International Airport, Tel: 1-784-458-4943.

Bank of St. Vincent and the Grenadines Limited issues the Caribbean Credit Card Corporation’s VISA card and MASTERCARD, and provides merchant services.  

CIBC First Caribbean International Bank Limited issues VISA and MASTERCARD card services.

Bank of Nova Scotia – Scotia Bank also issues SCOTIA BACK MASTERCARD.

Telecoms #

FLOW  (SVG) LTD.
Halifax Street
Kingstown, St. Vincent and the Grenadines
Tel: 1-784-457-1901
Fax: 1-784-456-1648
Digicel (SVG) Ltd.
Halifax Street, Box 810
Kingstown, St. Vincent and the Grenadines
Tel: 1-784-453-3000
Fax: 1-784-453-3010
SVG Television (Broadcasting Corporation)
Dorsetshire Hill, P.O. Box 617
Kingstown, St. Vincent and the Grenadines
Tel: 1-784-456-1078
Fax: 1-784-456-1015
National Broadcasting Corporation Radio 705
Richmond Hill, P.O. Box 705
Kingstown, St. Vincent and the Grenadines
Tel: 1-784-457-1111/1-784-457-2113
Fax: 1-784-456-2749/1-784-457-2992

Chamber Industry & Commerce  #

CHAMBER OF INDUSTRY & COMMERCE
P.O. Box 134
Hallam Daize Building
Arnos Vale
St. Vincent & The Grenadines
Tel: 1-784-457-1464
Fax: 1-784-456-2944
Email: svgchamber.industry.commerce@gmail.com / svgchamber@svg-cic.org

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