Category: Asset Protection
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Can Cross Border E-commerce Save International Trade?
BEIJING / ACCESSWIRE / March 5, 2019 / Trade tensions between the US and China have battered the economies of both countries, but the crisis has unexpectedly enlivened the budding e-commerce links between the two nations, according to Diane Wang, founder and CEO of DHgate, a leading Chinese cross border e-commerce platform. Speaking in Atlanta at…
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Significant Rise In Number Of HNWI’s Investing Offshore
The number of HNWIs investing offshore is on the rise. Global Data’s most recent HNW Offshore Investment Survey shows the number has risen from 11.2% in 2014 to 16.9% in December 2018. This increase may be surprising for some since it comes in spite of recent data leaks, including well-publicized ones like the Paradise Papers. But more…
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i2c Receives UnionPay International (UPI) Certification for Issuer Processing
UnionPay Continues Global Expansion of its Payments Business, Opens China Market to Major Card Issuers REDWOOD CITY, Calif., Dec. 13, 2018 /PRNewswire/ — i2c, a leading global provider of payments processing technology and services, today announced that it has successfully obtained certification as an issuer processor for UnionPay International, an international bank card association headquartered in Shanghai, the People’s…
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The Key To Investing
For a new investor, the stock market can be a tricky thing to navigate. There are constant up and downs in individual stocks and just as much variety for the stock market overall. Even though it can seem risky, investing can have huge payoffs in the end. People have been known to make hundreds and…
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Control your own Financial Kingdom
Control tells us that safety and security for the future requires three unchained investment account components that you control: A) Freedom to change Legal Tax JurisdictionB) Freedom to change CustodianC) Freedom to change Investment Account These commonly spoken beliefs only make common sense when you have control: 1) control over your financial situation is only what…
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In Times Of Trade War, Offshore Property Investment Means Safety
The USA’s trade war with China is already creating headaches in the domestic investment sector. According to consultants Rhodium, foreign direct investments fell 92% in the first quarter of 2018 as a direct result of the trade war. Additionally, Chinese investors sold over $9bn of American assets. This creates an opportunity for domestic investors, but also risks.…
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The Privacy of Pensions
Pensions and Privacy Many countries have laws imposing secrecy on information about retirement plans (pensions) and this is in essence why FATCA allows for the ‘limited conditional’ category. By their very nature, retirement plans are viewed and governed differently. There are sanctions on dealing with retirement plan information which only a Regulator can decide on.…
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UnionPay International launches the “UnionPay” app in Hong Kong and Macau to enhance the local customers’ mobile payment experience
HONG KONG, Sept. 10, 2018 /PRNewswire/ — UnionPay International announced today that in answer to the construction of the Greater Bay Area and to meet the increasingly payment needs brought by the exchanges between Hong Kong/Macau and the Chinese Mainland, the unified mobile payment app of China’s banking industry, “UnionPay”, has started offering service to customers in Hong Kong and Macau, facilitating the interconnection…
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Who Holds the Master Key Offshore?
It is clear that institutions must either comply with the provisions of FATCA or seek exemption. It is possible for a firm to be awarded ‘limited conditional’ FATCA status, which means that the offshore institution is exempt from reporting because it is deemed to be compliant and information secrecy laws come into force.