Offshore Finance with Halifax International

More pensioners ‘investing in offshore destinations’

10/02/2010

More expat retirees are choosing to move their pensions offshore to avoid paying UK tax, according to the Independent.

The newspaper reports that following the passing of the Qualifying Registered Overseas Pension Scheme (QROPS) in 2006, many older British citizens who have been living abroad for a long period of time are choosing to place their pensions in offshore finance destinations. Read more

Immigration law changes ‘could improve Cayman’s offshore finance sector’

29/01/2010

The president of the Cayman Islands is eager to change the country's immigration laws to improve its appeal as an offshore finance centre, reports the Associated Press (AP). Read more

Offshore finance centers claim ‘goalposts are being moved’

31/12/2009

Offshore finance centers in the Caribbean are claiming that the 'goal posts have been moved' in relation to their attempts to clean up the system, reports the BBC. Read more

Offshore finance development ’still an option’ in Caribbean

14/12/2009

Caribbean states should continue to develop their offshore finance services despite G20 pressure, according to Caribbean Community leaders (Caricom).
Read more

Dubai is ’still an important offshore finance centre’

08/12/2009

Dubai must retain its reputation as the main centre for both offshore finance and tourism in the Middle East, analysts have told AFP.

The United Arab Emirates (UAE) state attracts over seven million tourists each year with its five star hotels and luxury leisure facilities. Dubai is also a tax free zone and the Jebel Ali Free Zone is one of the most favourable offshore business centres for international companies operating in the Middle East. Read more

Standards set to improve for offshore finance in the Bahamas

25/11/2009

The Bahamas are committed to holding their offshore finance sector to the highest standards, according to the minister of state for finance.

Zhivargo Laing made the comments in a speech about the future of private wealth management at The Nassau Conference. Read more

International banking could improve as global economies begin to recover

20/11/2009

Signs of recovery in the global economy are spreading to more countries, which could produce positive results for international banking, according to the latest figures. Read more

Opportunities for international investment available in Australia

19/11/2009

Australia is ripe for international investment, particularly in the property and resources sectors, reports the Reserve Bank of Australia (RBA).

A growing population, particularly from those moving abroad, means a greater demand will be placed Australian property and resources. Read more

Economic growth expected in offshore finance centre Mauritius

19/11/2009

Offshore finance centre Mauritius expects economic growth to return to five per cent in the next two years, according to Reuters Africa.

The news agency reported that in a speech on Wednesday the finance minister, Ramakrishna Sithanen, announced the budget deficit had not increased as much as previously expected. It was also revealed that the stimulus package introduced last December would not be withdrawn until the end of 2010. Read more

Offshore investment could be safest in New Zealand

18/11/2009

New Zealand has been named the least corrupt country in the world in the annual Corruption Perceptions Index.

Transparency International's report ranked 180 countries on their perceived level of corruption in public figures and politicians. The findings were based on the results of a number of surveys. Read more

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