Aaron

Aaron A Day is a well-traveled advocate for the offshore lifestyle, bringing a wealth of knowledge and a global perspective to readers seeking insights on international living and investment strategies. Based in Vancouver, he continues to inspire through his passion for exploring the financial frontiers beyond borders.

Portfolio Bonds

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Want to access the world’s top fund managers at discounted rates? Want to get institutional interest rates for your cash? Want to avoid the EU Savings Tax Directive? Want to make it easier to manage your investments and accounts? An Offshore Portfolio Bond could be the solution for you! If you’re an expatriate and have … Read more

Academic Research Shows Tax Havens Benefit the Global Economy

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Competition Between Nations Lead to Better Policy, Better Economic Performance – Tax Havens Benefit (Washington, DC, Monday, June 12, 2006) – The Center for Freedom and Prosperity Foundation today released a research paper, entitled “Tax Havens, Tax Competition and Economic Performance,” which finds, through a review of the recent scholarly literature, that low-tax jurisdictions promote … Read more

New Law to Introduce REITs to Dubai

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Legislative moves to introduce a Real Estate Investment Trusts (Introduce REITs to Dubai) under the jurisdiction of the Dubai International Financial Centre (DIFC) are reportedly underway by the Dubai Financial Services Authority (DFSA), the independent regulator of the DIFC. “The proposed Investment Trust Law introduces a new investment vehicle for use by Funds to facilitate … Read more

Advent International Acquires Largest Bank in Uruguay

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Buyout specialist Advent International has completed its $167 million acquisition of Nuevo Banco Comercial SA, the largest commercial bank in Uruguay. The deal was first announced in September and recently won approval from Uruguay’s central bank, the key financial services regulator in that country. Advent had originally predicted that the deal would close in December. … Read more

Dubai Currency Futures Trading

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The Dubai Gold & Commodities Exchange will begin the Persian Gulf’s first trading of currency futures on June 12, said Chief Executive Officer Framroze Pochara. We will start with euro-dollar and pound-dollar currency futures in lots of 50,000, and yen-dollar futures in lots of 5 million… A currency future, also FX future or foreign exchange … Read more

US And Switzerland Work Towards Closer Trade Relationship

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US Trade Representative Rob Portman and Swiss Federal Councillor Joseph Deiss last Thursday signed the US-Switzerland Trade and Investment Cooperation Forum Agreement. This agreement establishes a new forum for the United States and Switzerland to discuss bilateral trade and related issues and examine ways to strengthen their economic relationship. “Today’s agreement will provide a vehicle … Read more