offshore

Internet and e-commerce industry in Monaco

January 13, 2010 - 8:00am | Articles | Other themes
Internet and e-commerce industry in Monaco

Monaco , a small sovereign city-state located in South Western Europe on the northern central coast of the Mediterranean Sea, is the second smallest country in the world, after Vatican City. As such Monaco is also the world's second smallest monarchy sized of just under 2 km² with an estimated population of almost 33,000. Monaco is often considered to be a tax haven, and many of its citizens and foreign inhabitants are wealthy, making up a majority of the population, at around 84%.


2 points

Internet and e-commerce industry in Andorra

December 22, 2009 - 10:02am | Articles | Other themes
Internet and e-commerce industry in Andorra

Andorra is one of the smallest countries, located in the eastern Pyrenees Mountains in southwestern Europe and bordered on Spain and France. It is the sixth smallest nation in Europe, with less than 85,000 people populated it. Andorra is a prosperous country mainly because of its tourism industry, which services an estimated 10.2 million visitors annually. Tourism, the mainstay of Andorra's tiny, well-to-do economy, accounts for roughly 80% of GDP. Tourists are mostly attracted by Andorra's duty-free status and by its summer and winter resorts.


-2 points

Less wealth, less money, less rich folks… the world is poorer now

September 15, 2009 - 7:30am | Figures | News
Less wealth, less money, less rich folks… the world is poorer now

According to a recent report by Boston Consulting Group global financial crisis resulted in a substantial decrease in assets under management in nearly a decade. The study showed that wealth dropped 11.7% to $92.4 trillion.

The report reveals that it will take about six years to return to $108.5 trillion, a 2007 level of wealth.


0 points

An economic war against offshore Switzerland. Who will win?

March 30, 2009 - 9:57am | Analytics | Articles
An economic war against offshore Switzerland. Who will win?

What things are associated with Switzerland? The majority of people will answer - chocolate, watches and confidential bank accounts. Banking secrecy is an integral part of the national Swiss character. It is one of the main reasons why Switzerland has become the biggest offshore banking-services center in the world. 


0 points

Swiss UBS AG, no longer an offshore with accounts privacy?

February 19, 2009 - 2:13am | Banks and internet banks | News
Swiss UBS AG, no longer an offshore with accounts privacy?

Banking secrecy which was an outstanding feature of the Swiss banking will likely fade under the pressure of the U.S. government that indicts Switzerland’s largest bank for concealing the information about American citizens that try to avoid taxation by transferring large amounts of money to offshore accounts. Now UBS AG announced a deal with the U.S. authorities under which the Swiss bank is obliged to provide account information to the U.S. government and pay a $780 million fine.


0 points

Offshore Singapore, why so attractive?

February 2, 2009 - 1:54am | Analytics | Articles
Offshore Singapore, why so attractive?

Singapore is the 5th wealthiest country in the world in terms of GDP (PPP) per capita. Total GDP (PPP) as of 2007 accounts for $228.303 billion or $49,754 per capita. The state has foreign exchange reserves of more than US$177 billion. Singapore has always been an important strategic and economic center facilitating the world trade and providing its port for US military forces.


-3 points

TrustedID partners AurionPro for secure billing and payment system

December 17, 2008 - 1:22am | News | Other themes
 TrustedID partners AurionPro for secure billing and payment system

AurionPro, has announced its partnership with TrustedID, a known provider of comprehensive proactive ID theft protection solutions, under which it has helped that it helped to develop a secure billing and payment system for TrustedID. Owing to the signed agreement TrustedID now can provide quick and secure signup for services allowing the consumers to protect themselves against identity theft proactively. 


0 points

Where's your bank account

November 4, 2008 - 12:27am | Articles | Markets

Have you heard the latest stories circulating about the deeply buried contents of the recent bailout bill in the US? 

Larry Grossman, who is a leading expert on retirement plan management, and Managing Director of Sovereign International in Palm Harbor, Florida has written recently that everyone should move their retirement plans offshore as soon as possible to protect assets from what has been described as the newly endowed "federal agents" otherwise known as the US banking and investment industry.


0 points
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