According to Landlord Expert, ex-pats have been "very pleasantly surprised" by Qualifying Recognised Overseas Pensions (QROPS) and have been unlocking substantial amounts of their pensions as cash. Read more
Expat Focus Offshore Finance
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Ex-pats can take control of frozen pensions, offshore accounts holders told
15/03/2010
British ex-pats are taking advantage of a legislation change allowing them to access frozen pension funds, a website has claimed.
According to Landlord Expert, ex-pats have been "very pleasantly surprised" by Qualifying Recognised Overseas Pensions (QROPS) and have been unlocking substantial amounts of their pensions as cash. Read more
According to Landlord Expert, ex-pats have been "very pleasantly surprised" by Qualifying Recognised Overseas Pensions (QROPS) and have been unlocking substantial amounts of their pensions as cash. Read more
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
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).
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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
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
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
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
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