Category: Tax Havens
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Singapore Cross-Border Commerce with Malaysia
Singapore and Malaysia have a long history of cross-border commerce, as they share a land border and have established strong trade relationships over the years. There are several ways in which commerce is conducted between the two countries: Road transportation: The land border between Singapore and Malaysia is one of the busiest in the world,…
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Asking AI if $4 Trillion in U.S. Wealth Held Offshore
Open AI; Is $4 Trillion in U.S. Wealth Held Offshore? It is difficult to determine the exact amount of U.S. wealth held offshore, as such data is often not disclosed or easily accessible. However, according to a 2017 report by the National Bureau of Economic Research, it was estimated that the total amount of U.S.…
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South Dakota Trust Law for Asset Protection
A South Dakota Trust is a powerful tool that helps to plan for death, reduce taxes, and manage assets. You will need a legal professional to help you navigate all the applicable trust laws and legal frameworks. But the financial benefits and asset protection it provides you and your family are usually worth the legal…
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Is USA a Tax Haven for Foreign Investors?
The United States is generally not considered a tax haven for foreign investors, as it has a relatively high tax rate compared to many other countries. However, there are certain aspects of the US tax system that may make it attractive to some foreign investors. For example, the US does not tax interest and certain…
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UAE, No longer A Gangsters Paradise, For Crime Lords The Days Of Hiding Out In Dubai Are Now Behind Them
The luxurious Dubai, Gulf city of UAE became a magnet for the world’s top criminals but recent arrests means the end is near for their safe haven BURNABY, BC, CANADA, February 28, 2023 /EINPresswire.com/ — UAE No Longer A Safe Haven for International Fugitives When your Life and Liberty is on the line, trust Amicus…
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Dubai International Finance Centre (DIFC) Grows at Record-Breaking Pace in 2022
DIFC Combined revenues exceed USD272 mn for the first time DUBAI, UAE, Feb. 20, 2023 /PRNewswire/ — Dubai International Financial Centre (DIFC), the Middle East, Africa and South Asia region’s leading global financial centre, continued to grow at record-breaking pace in 2022. The total number of active registered companies in Dubai grew to 4,377 in 2022, up 20% from 3,644 in 2021. During 2022,…
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The 2nd World Maritime Merchants Forum themed “Together for a brighter future” held in Hong Kong
HONG KONG, Nov. 15, 2022 /PRNewswire/ — The 2nd World Maritime Merchants Forum, an annual event in the global shipping community, got under way in Hong Kong, China, on Nov. 15, 2022. The event was co-organized by China Merchants Group, the Transport and Logistics Bureau of the Government of the Hong Kong SAR, the Baltic and International Maritime Council…
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Global Wealth Grew by Double Digits to $530 Trillion in 2021, Despite Continued Crises
Rise of 10.6% Is the Highest Annual Rate in More Than a Decade, Creating $26 Trillion in New Private Wealth, but Digital Leaders Threaten Traditional Players’ Dominance, According to a New BCG Report BOSTON, June 9, 2022 /PRNewswire/ — Global wealth reached a record high of $530 trillion in 2021, fueled by strong equity markets and a surge in demand for real…
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Citizenship by Investment Funded Second Cruise Pier at Port Zante Ready to Welcome Visitors Next Month
LONDON, Sept. 15, 2021 /PRNewswire/ — The construction of the second cruise pier at Port Zante in St Kitts is now complete and ready for operation. The multi-million-dollar project was financed via various local and international sources, of which US$5 million came from the country’s Citizenship by Investment (CBI) Programme. According to Tuffida Stewart, the Acting Chief Executive Officer of the St Christopher Air…