Author: Aaron

  • Top 10 Offshore Banks

    No Such List of Offshore Banks Exists – There is no recognized list of the top offshore banks. What is the criteria one would use for such a list is a good question? Examples of rating criteria would be age, total assets, strength of loan portfolio, management, track record, currency, country of location and licensure,…

  • Hong Kong Tops Economic Freedom Index

    Hong Kong has once again topped the Fraser Institute’s Economic Freedom Index, which measures the degree to which the policies and institutions of countries are supportive of economic freedom. According to the report, Hong Kong scored highly across all of the five categories which are used to calculate index scores, including size of government, legal…

  • Diversify Your Capital to more than One Offshore Jurisdiction

    In these unclear times you should consider a few things before moving your capital to just one offshore location. Institutional Diversification: Many savvy investors have offshore accounts in more than one location. Just as you wouldn’t want to have all of you money in one bank, even if you think it is stable (Lehman Brothers)…

  • Commodities serving as Diversification

    When a portion of your portfolio is diversified into commodities on days like today there should be no need to panic. Crude traded to a nine month low today dragging prices very close the $80/barrel mark. It’s been painful but we highly doubt a 20% reduction is justified. The pundits say it is demand destruction…

  • Income and Tax Issues for the Expat Employee or Business Owner

    Before August 2009, some expatriates used bank accounts in countries that had banking secrecy laws, the most well-known was Switzerland. However, at the end of August of that year, Switzerland signed an information release agreement that crumbled one of the stoutest legs of international banking sovereignty principles upon which many expats relied. Since that benchmark…

  • Offshore Banking by Mobile Phone

    BCN International Bank (Cayman) Ltd leads the Offshore Banking industry with strategic move to iPhone Setting new standards in enterprise mobility, BCN International Bank today confirmed that it has adopted the iPhone as its Smartphone of choice, one of the first and biggest corporate entities in the offshore banking industry to do so on such…

  • Forex Brokerage: EU or Offshore

    Every entrepreneur looking to start up a forex brokerage should first decide the jurisdiction in which the headquarters of the business will be based before proceeding with other issues. This involves a lot of prepatory work and is one of the crucial decisions that a forex startup needs to take, since it also has a…

  • Liquidity Liquidation

    The big money appears to be in liquidation mode in an attempt to have some dry powder to be prepared for what next week brings. Oil’s decline was minimal but damage has been done as prices closed below the 40 day MA. We anticipate a trade back to $94 in September and would be on…

  • Dubai Property Market News

    According to many industry professionals in the Middle East, the Dubai Property market is finally on the road to recovery. This has certainly been helped by the huge increase in demand from international buyers, many from the UK and the rest of Europe that are looking for a cheap investment property with good rental yields.…