Confidence in China as a place to invest 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.
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.
Offshore banking has often been associated with the underground economy and organized crime, via tax evasion and money laundering; however, legally, offshore banking does not prevent assets from being subject to personal income tax on interest. Except for certain persons who meet fairly complex requirements, the personal income tax of most countries makes no distinction between interest earned in local banks and those earned abroad.
Company to Raise and Manage $100M to Invest in Vietnamese Companies
LOS ANGELES, CA and HANOI, VIETNAM -- (MARKET WIRE) -- March 21, 2007 -- Providential Holdings, Inc. (OTCBB: PRVH) (German Stock Exchanges: PR7, WKN 935160), a company investing in the rapidly growing economies in Vietnam and Asia, announced today its board of directors gave approval to form a private equity fund, the Providential Vietnam Growth Fund.
Estonia: The best growth story that hasn't been told
Estonia last week re-elected Andrus Ansip as Prime Minister in one of the most overlooked elections of the past twenty years. The importance of this vote has been critically understated by the mainstream media. In the 16 years since the breakup of the Soviet Union, no former republic has ever elected a government for a second term, until this election.
In the late 90s, I first began hearing about Panama while living in Costa Rica. There was a groundswell movement of expats who felt that the cost of living in Costa Rica was too high and sought greener pastures, quite literally. They found their lower cost lifestyle a few hundred miles south in Panama’s highlands.
Tony Sagami, Asian stock whiz, advises investors of ways to invest in China. While the U.S. is supposed to expand 1 percent or 2 percent, the People's Bank of China issued its new 2007 forecast last week, saying it expects the country's GDP to expand 9.8 percent for the year. In this issue of Money and Markets, Sagami five basic ways investors can invest in China.
With its stable government, low corporate tax rates, and advanced IT infrastructure, Iceland is making a strong case for the title of economic top dog in Europe, and beyond.
Reykjavík, Iceland (PRWEB) December 18, 2006 -- After a year-long study of the country's resources and tax codes, a team of economic experts has determined that Iceland is poised to become the world's top economic center
One of the most powerful estate planning tools available to the modern international financial planning practitioner is the FOREIGN DEFERRED PRIVATE ANNUITY (FFDPA)
An FFDPA is a contract between an individual (the "Annuitant") and a foreign entity that is neither an insurance company nor in the business of selling annuities (the "Company").
The deVere & Partners Group, the world's largest offshore Financial Advisory Firm, and Deutsche Bank today announced that they have established a global strategic alliance.
Under this alliance, Deutsche Bank will provide deVere Advisors access to proprietary investment funds and strategies which hitherto have been either unavailable to offshore investors or in some cases entirely closed to new investors.
