offshore finance « Halifax International Expat Focus

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

IFAs in demand in offshore finance destinations

05/02/2010

Independent financial advisors (IFA) from the UK are in demand in offshore finance centres, according to WMrecruit.com.

The international recruitment specialist told ifaonline.co.uk that finance companies in locations such as Singapore and Dubai believe British IFAs are "good, solid professionals". It added that English speaking workers are also in demand within other offshore finance industry centres. 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 center Antigua moves to OECD white list

06/01/2010

The offshore finance center of Antigua has become the latest to be placed on the Organisation for Economic Co operation and Development's (OEDC) white list. 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

Retirees advised to consider tax regimes

29/12/2009

Brits of retirement age are being advised to consider the tax regimes of the countries they are moving to by Shelter Offshore.

The offshore finance specialists have said that one of the most important aspects of planning a retirement abroad is ensuring that your finances are in order. In particular for older people this applies to their pension fund. Read more

High earners look for property in offshore destinations

17/12/2009

Interest has been increasing in international property in offshore finance destinations as high earning individuals reconsider their options, according to Primelocation International. Read more

Cayman Islands has ‘no plans for direct taxation’

15/12/2009

Offshore finance centre the Cayman Islands has no plans to reform its system of tax advantages in the near future, according to the countries new premier. 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

Expat Centre

News Categories

Recent News

News Tagged ‘offshore finance’