Global Capital. Clear Intelligence.
“You don’t know how it feels to be a foreigner in this country, unless you live like one. It is unbearable!” said my Arab scuba diving trainer. I was shocked and since then, I have become more sensitive and observant. Sad to say, he was right. I tell you why. Before the oil boom of … Read more
With the rand looking vulnerable, now is the opportune time to invest offshore, even though global markets are experiencing a soft patch, Mark Appleton, chief investment officer at Barnard Jacobs Mellet (BJM) Private Client Services, said in a statement on Monday. According to Appleton, softer international economic indicators have led to a downgrade in expected … Read more
The following is the text of the speech by Prime Minister and Minister of Finance. IT is always an honour and a privilege to speak before such an important audience as is gathered here today. As investors, fund managers and market analysts, you are all thought to be leaders and opinion-shapers who greatly influence investment … Read more
According to predictions from the Forrester Research Centre, the number of Europeans using online brokerage services to build a nest egg will almost double from 5 million in 2003 to nearly 10 million by 2007. Both traditional banks as well as online brokers have been getting more business since the financial market rebounded as of … Read more
Moving abroad can be a daunting process, and for many expatriates, finding a safe home and tax advantages for their savings is a top priority. Most high street banks in the UK have offshore subsidiaries that can provide a range of accounts tailored to suit the needs of expatriates, combining competitive rates of interest with … Read more
The Swiss government on Monday decided that a modification of the law on nationality would come into force on January 1, 2006. Explaining the new procedure, the justice and police ministry said that cantons and municipalities would only be allowed to charge for the real processing costs. Charges in the thousands of francs would no … Read more
Citizenship can be loosely defined as the legal relationship between a person and the sovereign nation in which he or she lives, a status defined by the law of that nation, conferring or limiting a person’s duties and rights. The most common means of acquiring citizenship is by birth within the borders of a nation. … Read more
AMSTERDAM – Nearly three-quarters of expats in Europe have invested offshore, according to a new study. And a similar percentage claim to have either matched (46 percent) or outperformed the stock markets (33 percent). But the number of expats who think markets will grow in the next year has slumped to 53 percent compared to … Read more
There are eight criteria governments consider to determine your personal tax status. The most important of these are citizenship, residence, and domicile. In addition, your marital status, source of income, location of assets, timing, and status of beneficiaries may impact your tax status. Citizenship, the status of being a citizen of a specific nation state, … Read more