Invest Offshore

Month: August 2017

  • New OECD report rates Cayman Islands as ‘largely compliant’ on tax information exchange

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    Aaron
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    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…

  • Global Wealth Migration Review 2016-2026

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    Aaron
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    Top 30 Countries & Top 25 Cities by HNWI Net Inflows/Outflows DUBLIN, August 17, 2017 /PRNewswire/ — The “The 2017 Global Wealth Migration Review” report has been added to Research and Markets’ offering. [box type=”info” size=”large” style=”rounded” border=”full”]This report covers global wealth and wealth migration trends over the past year (2016), with projections to 2026.[/box] Scope Wealth migration trends over the past…

  • Mauritius – the gate for Chinese Investment into Africa

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    Aaron
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    [box size=”large”]The data published by the Mauritius central bank and central statistics bureau in April shows that in 2016 China is the second largest foreign investor in (US$70 million, following US$128 million from France) and the largest exporter to (17.7%) Mauritius.[/box] [box type=”info”]In the same period, China’s investment into the African continent reaches US$3.3 billion…

  • Internet Banks vs Brick & Mortar

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    Aaron
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    New Study Finds Online Banks Offer Savings Yields Four Times Higher than Traditional Banks & Credit Unions For those looking to earn more interest on savings accounts, internet banks are increasing APYs at a faster rate than traditional counterparts CHARLOTTE, N.C., Aug. 8, 2017 /PRNewswire/ — A new study by DepositAccounts.com, now part of LendingTree®,…

  • IMF Executive Board Completes Second Review of Iraq’s Stand-By Arrangement and the 2017 Article IV Consultation

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    Aaron
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    The authorities are appropriately maintaining the peg of the Iraqi dinar to the U.S. dollar, which provides a key anchor to the economy. Measures to prevent money-laundering, counter the financing of terrorism, and strengthen the anti-corruption legislation need to be implemented. The authorities are implementing a sizable fiscal adjustment, mostly through retrenchment of inefficient capital…