Guide
BVI: VISTA Trusts
20 February 2024
VISTA trusts are a type of British Virgin Islands (BVI) trust which were introduced into BVI law by statute in 2004. They address the problems that can arise from a rule of English trust law (the 'prudent person of business rule') when businesses and other assets which represent a higher investment risk are held in trust.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.