Expat Focus tax advantages
tax advantagesNews Tagged ‘tax advantages’
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
Foreign investment in Korea affected by countries international job market
15/12/2009
Foreign investment in Korea will increase as the global economy begins to recover, reports JoongAng Daily.
The Korean-based newspaper reported findings from the Korea Trade Investment Promotion Agency which suggested that "foreign businesses already consider Korea to be an economic powerhouse". Read more
The Korean-based newspaper reported findings from the Korea Trade Investment Promotion Agency which suggested that "foreign businesses already consider Korea to be an economic powerhouse". Read more
Tax advantages ‘drive directors abroad’
14/12/2009
Tax advantages in British territories are attracting entrepreneurs to leave the UK at a rate of ten per week, according to new figures.
Using data collected from Companies House, Philip Beresford, who compiles the Sunday Times Rich List, discovered that the 50p rate of tax placed on high earners by the current government was leading to more directors and partners moving abroad. Read more
Using data collected from Companies House, Philip Beresford, who compiles the Sunday Times Rich List, discovered that the 50p rate of tax placed on high earners by the current government was leading to more directors and partners moving abroad. Read more
Offshore benefits high for expats working in the Middle East
30/11/2009
Offshore finance centres are important for expats, especially those living in the Middle East, reports the National.
The United Arab Emirates (UAE) based newspaper reported that widespread distrust in financial institutions, and political instability in the region made offshore finance an appealing option. Read more
The United Arab Emirates (UAE) based newspaper reported that widespread distrust in financial institutions, and political instability in the region made offshore finance an appealing option. Read more
International property sales in US on the up
27/11/2009
Improved dollar exchange rates have produced an increase in Brits buying property abroad in the US, claims Moneycorp.
According to the currency exchange broker, there has been a 23 per cent increase in the number of people buying property in the US in the past six months. Read more
According to the currency exchange broker, there has been a 23 per cent increase in the number of people buying property in the US in the past six months. 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
Investors in international banking system could get more protection
25/11/2009
Countries need to give more protection to those investing money overseas in the international banking system, according to the International Monetary Fund (IMF). Read more
Tax advantage drives up US house sales
24/11/2009
Existing home sales for property in the US increased in October thanks to tax advantages for first time buyers.
The National Association of Realtors reported that seasonally adjusted sales were up 10.1%. It states that the sharp increase has come as a surprise and "sales activity is at its highest rate since February 2007". Read more
The National Association of Realtors reported that seasonally adjusted sales were up 10.1%. It states that the sharp increase has come as a surprise and "sales activity is at its highest rate since February 2007". 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