Category: Expatriate
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Who wants to become an Expat?
Eighty-Two Percent of Executives Willing to Move Out of Region, Country or State LOS ANGELES, May 3, 2010 – A wide majority of global executives are willing to relocate for the right career opportunity, according to Korn/Ferry’s latest Executive Quiz. The Executive Quiz, commissioned by The Korn/Ferry Institute, surveyed executives from 65 countries about their…
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Why Go Offshore With Your Savings and Banking?
Offshore Savings Accounts Can Offer Valuable Tax Savings ST PETER PORT, Guernsey, April 30, 2010 – Each year, according to the Institute of Public Policy Research (IPPR), around 400,000 UK nationals move abroad to work or retire. Opening an offshore savings account could bring significant tax benefits once they cease being UK residents for tax…
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Offshore Credit Cards
One of the problems most investors come across once they have moved offshore is how to repatriate their offshore funds. Sending wires directly back to your home bank account could involve dangerous invasions of privacy, whereas physically going to your offshore bank and withdrawing cash may also breach customs restrictions and invite the risk of…
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Expat Explorer Returns Again in 2010
Calling Expats Everywhere – Make Sure You Have Your Say! LONDON, April 27, 2010 – This week marks the official launch of Expat Explorer – the largest global survey of expats – where expats from all over the world can have their say about life as an expat and the challenges and opportunities they face…
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IFC International Newslinks
Judge says Trio fraud INVESTORS with $123 million in an offshore fund managed by Trio Capital have almost certainly been victims of a ”fraudulent scam”, a NSW Supreme Court judge ruled yesterday. Justice George Palmer detailed ”vices” in Trio’s business and ruled it was in the public interest to wind up five schemes that it…
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IFC International Newslinks
UBS Client Pleads Guilty to Tax Fraud A wealthy client of the Swiss bank UBS pleaded guilty on Monday to tax fraud, the ninth American caught up in an investigation of the bank’s offshore private banking services, The New York Times’s Lynnley Browning reports. The bank client, Harry Abrahamsen, of Oradell, N.J., pleaded guilty in…
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Swiss Private Bank Account
A Swiss private bank account and Swiss private banking are recognized as the ultimate banking resource for high net worth individuals, used by the rich and famous, sports stars and big corporations. Despite recent attacks on offshore banking in Switzerland, Swiss private bankers still maintain the decades-old reputation for confidentiality and security. The Swiss cities…
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China Investment Confidence
Confidence in China investment has reached new heights, but before the country can fully benefit from substantial additional investments, it needs to make further progress in introducing global standards of governance in legal systems, particularly in contract enforcement and taxation law, a survey of multinational businesses carried out by KPMG International has found. According to…
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China Economic Boom
Together with the Beijing 2008 Olympic Games, everyone is talking about the huge opportunities opening up in China. As the Chinese government is liberalizing the economy, industries such as tourism, manufacturing and service are investing their revenue especially for the upcoming Olympic Games. China expects a huge pre-Olympic investment boom and feels very optimistic towards…