Tag: Cayman Islands
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The Evolution of Offshore Investment
A Historical Perspective Offshore investment has been a part of the global financial landscape for many decades. Over the years, it has evolved significantly in response to changing economic conditions, regulations, and investor preferences. This article delves into the history of offshore investment, highlighting the key developments that have shaped it into what it is…
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Digital Nomads and Offshore Investing: A Guide to Location Independent Wealth Management
The advent of the internet and the ability to work from anywhere has given rise to a new class of professionals: digital nomads. These location-independent workers, who leverage technology to perform their jobs from any corner of the globe, require unique solutions for managing and growing their wealth. Offshore investing presents an excellent opportunity for…
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Offshore Private Equity and Venture Capital: Unlocking Global Investment Opportunities
The global financial landscape has witnessed significant transformations over the past few decades. The rise of offshore financial centers and the opportunities they present have played a key role in this transformation. Particularly, offshore private equity (PE) and venture capital (VC) have emerged as potent tools for high-net-worth individuals and institutional investors alike, helping them…
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WAX Selects EOS as Blockchain-Based Technology Platform
Customized EOS Blockchain Pairs With Protocol Token to Enable WAX Virtual Marketplace GRAND CAYMAN, Cayman Islands, April 17, 2018 /PRNewswire/ — Worldwide Asset eXchange™(WAX) today announced that the company will build their peer-to-peer marketplace using a custom blockchain based on the EOS platform. After an extensive evaluation of the general technology, code maturity, code stability, available documentation, development community size and…
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New OECD report rates Cayman Islands as ‘largely compliant’ on tax information exchange
GEORGE TOWN, Cayman Islands — A new peer review report by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has rated the Cayman Islands as “largely compliant” with the international standard (tax information exchange) – the same rating as Canada, Germany and Australia. “By rating the Cayman Islands as ‘largely…
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The Crucial Role of Offshore Centers in the Global Economy
[box size=”large” border=”full”]Industry representatives in the British Virgin Islands are shouting it from the rooftops: BVI’s financial services sector is a boon to the global economy.[/box] [box type=”note”]A recently released economic impact report commissioned by BVI Finance shows:[/box] 417,000 companies are registered in BVI The companies have US$1.5 trillion in global assets The sector supports…
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Cayman tops offshore deal-making in 2016
[box style=”rounded” border=”full”]The Cayman Islands was the main offshore jurisdiction for mergers and acquisitions in 2016, with about a third of all offshore transactions involving Cayman-based companies.[/box] Offshore law firm Appleby noted in its latest Offshore-i report that last year Cayman-incorporated companies were the target of 920 transactions worth a combined US$84 billion, representing 36…
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Ten Wealth Building Myths
Top Ten Wealth Building Myths [box size=”large”]For those who don’t know that they don’t know: A test to measure any U.S. Person’s level of misconception about wealth building and offshore investing.[/box] U.S. Person Wealth Building Myths are: Myth No. 1 You can’t build wealth without a reduction of your spendable income. Myth No. 2 There…
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Anti-FATCA lawyer rejects Europe threat to US taxpayers
Sanctions unlikely, lobbyist says The leading advocate for repeal of the U.S. Foreign Accounts Tax Compliance Act has called “laughable” any attempt to sanction Washington – should it rescind FATCA – for noncompliance with copycat European tax laws. Washington-based anti-FATCA tax-lawyer and lobbyist James Jatras said European efforts to pinpoint U.S. taxpayers through the Organization…