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Monday 8/2/2010
IO
News: Hedge Funds Return To UK Property
Hedge funds are showing renewed interest in London's commercial real estate sector as low interest rates and more confidence among investors over economic prospects fuel demand in the asset class, not just in the UK but globally.
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Monday 8/2/2010
IO
News: Study Shows 'Transparency Gap' Between Investors And Advisors A new study has unearthed 'a striking disconnect' between how the investment client experience measures up against expectations.
Friday 5/2/2010
IO
News: Fund Managers 'Underestimating' EU Alternative Invesment Directive Investment managers are failing to perceive the risks associated with the European Union’s Alternative Investment Fund Manager’s directive, according to a new report.
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Being An Expat In 2010
- A Financial Primer
January 2010
As you'll see from our guide, the offshore
options for you as an expatriate are many and
varied, and there is something for any situation
and pocket...
Read: Being
An Expat In 2010 - A Financial Primer
Jurisdiction Special Focus:
Cyprus January
2010
In this feature we take a fresh look at Cyprus
and whether it is a good destination for your
assets, career expats and Retirees...
Read: Jurisdiction
Special Focus: Cyprus
Health & Life... Worldwide
- Global Insurance For Expats
January 2010
Insurance is one of those things that everyone
hopes they'll never need, and as a result, a frightening
number choose to bury their heads in the sand,
hoping that their luck will hold. However, by
far the most sensible solution for those not willing
to trust to fate, is to take out some form of
insurance, to protect themselves and their dependants
should the worst happen...
Read: Health
& Life... Worldwide - Global Insurance For
Expats
Choosing Your Jurisdiction
January
2010
So you have decided that offshore is the
way forward. The three most pressing concerns,
then, are what type of investment you feel is
right for you, where you choose to invest or bank,
and how involved you are prepared to be in offshore
life...
Read: Part
One - Types Of Offshore Investment Vehicle And
The Main Jurisdictions
Read: Part
Two - Getting It And Keeping It. The How, Why,
When And Where Of Offshore Investing.
The EU Savings Tax Directive:
Cometh The Hour, Cometh The Man?
December 2009
We take a look at the current state of the
EU's Savings Tax Directive, examining how it will
affect investors both now and in the future.
Read: The
EU Savings Tax Directive: Cometh The Hour, Cometh
The Man?
Jurisdiction
Special Focus: Gibraltar November
2009
In the final analysis, is Gibraltar a good location for your assets,
yourself, your family, your boat, or (e) all of the above? Our guide
reveals that it could be just what you're looking for.
Read: Gibraltar,
The Rock, 2009
QROPS - Qualified Recognized
Overseas Pension Schemes November
2009
Find out if you can benefit from a QROPS, where can you take a QROPS,
and what the mechanics are.
Read: QROPS
- Qualified Recognized Overseas Pension Schemes
Emerging Markets - Weathering
The Storm? October
2009
What is an ermerging market, and how well are they coping with the current
global economic situation?
Read: Emerging
Markets - Weathering The Storm?
Jurisdiction Special Focus:
Labuan September
2009
We take a fresh look at Labuan, and the benefits of it's offshore business
sector.
Read: Jurisdiction
Special Focus: Labuan
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Hedge
Funds Resurgent
February 2010
Hedge funds often boast that their
investment strategies flatten out the more
extreme gyrations of the markets; but they
weren't proof to the financial tempests
of 2008 and 2009, although recent figures
for 2009 show that the industry as a whole
has largely recovered its poise...
Read: Hedge
Funds Resurgent
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| Network News |
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8/2 Nevis Ready To Become Major Player In Financial Services Speaking recently, Nevis’s Finance Minister Laurie Lawrence reiterated the government’s
commitment to establishing the territory as a major international player in
the world of financial services.
8/2 DTA Between IOM And Malta To Enter Into Force The Isle of Man government has announced the imminent entry into force of a
comprehensive double tax agreement signed with Malta on October 23, 2009.
8/2 Green Light For German Govt To Purchase Data Disc German Chancellor Angela Merkel has defended the government’s highly controversial
decision to purchase the stolen data disc, containing the names of around 1,500
Germans believed to hold bank accounts illegally in Switzerland.
8/2 US Senators Seek Wall Street Bonus Tax US Senators Barbara Boxer and Jim Webb (pictured) have proposed legislation that would impose a tax on large bonuses paid by Wall Street banks and other firms that benefited from billions of dollars of taxpayer assistance in 2009.
8/2 ANZO Points To Investor Concerns On Proposed NZ Property Taxes The management board of AMP NZ Office Trust, New Zealand’s largest
listed investor in prime commercial office property, while announcing its interim
results, has expressed concerns about the impact of two of recommendations included
in the recent report by New Zealand’s Tax Working Group.
8/2 Lenihan Outlines Raft Of Tax Changes In Irish Finance Bill Irish Finance Minister, Brian Lenihan has published the Finance Bill 2010,
which gives effect to numerous taxation measures announced in last December’s
budget, including a 0.5% cut in value-added tax and the introduction of a 'domicile levy'.
8/2 St Vincent And The Grenadines 2010 Budget Presented The Prime Minister and Finance Minister of St Vincent and the Grenadines, Ralph
Gonzalez, delivered his ninth budget speech this month.
8/2 Deutsche Bank To Pay UK GBP200m In Bonus Tax German banking group Deutsche Bank has announced that it intends to pay around GBP200m (EUR225m) to the British government as a result of the new bank payroll tax.
5/2 Singapore And Japan Add TIEA Protocol To DTA Singapore and Japan have signed a protocol to incorporate into their existing
double taxation agreement the new internationally-agreed Organization for
Economic Cooperation and Development standard for the exchange of information
for tax purposes.
5/2 Australia's DTA With Austria To Be Updated Australia’s Assistant Treasurer, Nick Sherry, has announced that negotiations
to update Australia's double taxation agreement with Austria will take place
in March 2010.
5/2 Recent UK Tax Changes Spark New Interest In VCTs With the end of tax year approaching, commentators are predicting a bumper year for UK Venture Capital Trusts in light of the forthcoming increase in the top rate of income tax in the UK, as well as the reduction in pensions tax relief for higher earners. In fact one commentator predicts demand to surge by 70% on the previous year.
5/2 Qatar QFC Announces New Strategic Focus On Captive Insurance And Reinsurance The Qatar Financial Centre Authority has announced a new strategic focus for 2010 and beyond, with the creation of three specific hub strategies concentrating on Asset Management, Reinsurance and Captive Insurance.
5/2 Shakeup May Involve Tax Increases, Warns Jersey The Jersey government has warned that tax increases will likely be
an inevitable feature of government proposals to save GBP50m each year, starting
in 2011.
4/2 UK Govt Revises Down 50% Tax Revenue Estimate UK Treasury minister Lord Myners has said that the government expects revenues from the new 50% top rate of income tax will be much lower than expected as taxpayers arrange their affairs to avoid paying it.
4/2 Leading Channel Island Law Firms Announce Merger Mourant du Feu and Jeune and Ozannes, two of the leading law firms in the Channel
Islands, have announced their intention to merge under the name Mourant Ozannes.
4/2 CISX Prospers Amid Stormy Financial Seas Despite a year of difficult trading conditions, the Channel Islands Stock Exchange
has reported further growth in the number of businesses listed on the exchange
during 2009.
4/2 Bermuda Signs Tax Info Exchange Agreement With Japan Bermuda’s Minister of Finance, Paula Cox has announced the signing of a
bilateral agreement with Japan for the full exchange of information in criminal
and civil tax matters, under an Organization for Economic Cooperation and Development model Tax Information Exchange Agreement.
4/2 Swiss Finance Directors Propose Reform Of Flat Rate Tax Eager to maintain the special flat rate tax privilege accorded to wealthy foreigners, Switzerland’s cantonal Finance Directors
have announced that the existing system of taxation is to be reformed, and that
the conditions determining the application of the tax are to be toughened.
3/2 Caymans To Relax Work Permit Regulation Cayman Finance - the body that is representative of the islands' financial services industry -
has welcomed proposed amendments to immigration laws, announced by Cayman Prime
Minister McKeeva Bush last week, drafted to encourage foreign financial services companies to remain in the jurisdiction.
3/2 Qatar Issues New Law On Foreign Ownership Qatar’s Emir, Sheikh Hamad bin Khalifa al-Thani, on February 1, passed Law
No. 1 of 2010, amending provisions in Law No. 13 of 2000, which determines limits
to foreign investors’ shareholdings in certain business activities.
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| Your Views |
| US resident seeking...not to be! |
I'm a US resident seeking to terminate my residence in the next coupe of years - thinking of moving to sunnier shores. Anyone got any recommendations (young, free and single and moderately independently wealthy, if it helps!)
Also, how long will my association (for tax purposes) with the US last? Please tell me not forever...!Rick |
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New Thread |
| Best offshore banking country? |
Hi,
I live and pay tax in the UK. I have non-salary remuneration coming to me from freelance work from other countries. Can anyone recomend a good international bank account that offers visa or mastercard debit, in a jurisdiction that is safe from the savings tax directive or other reporting duty involving the UK? Ideally the account would offer decent interest too, and no tax on this interest! It would also be good if it could be managed online.
Just to be clear, I fully intend to fulfil my duty to the UK tax authorities, and declare this income. I simply have no faith in the UK banking system and its relationship with the UK government, or their Indian call centres. I also intend to travel and emigrate once I have a decent purse.
Thanks for any help or suggestions. Simon |
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New Thread |
| Health care package |
| I've been offered a position at my current UK employer's associate company in Dubai for 2 years. The package looks quite good but as this is my first overseas/expat experience I'm not sure if the healthcare portion is okay. My wife and our two young kids will be with me and the package only appears to include 75% basic cover with me having to top it up. Is this a standard sort of deal?angus |
| Read
Replies | Reply | Start
New Thread |
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