Posts Tagged Offshore Banking

Hong Kong and Macau have become very attractive as banking centers in recent years and CR Capital Advisors not only recommends this jurisdiction for financial institutions but we like the access to key Chinese stocks that are on our buy list. Hong Kong and Macau are also attractive jurisdictions for privacy. The Hong Kong stock exchange has 1,241 companies listed and is Asia’s third largest behind Shanghai and Tokyo. PetroChina and Aluminum Corp of China are listed on the exchange as well. You will hear more from us about Honk Kong and Macau as banking centers.

http://www.hkex.com.hk/index.htm
www.crinvestmentadvisors.com
Wealth Management

Access to the Markets of the Future

Now, this is brand with staying power

Tax Information Exchange Agreements are just the beginning. It is safe to say that the tax collection arm of the highly indebted US government will become increasingly aggressive.

http://www.bloomberg.com/avp/avp.htm?N=av&T=Rubinstein%20Says%20UBS%20%60Tip%20of%20the%20Iceberg’%20in%20Tax%20Probe&clipSRC=mms://media2.bloomberg.com/cache/vTl5fx3B.8Ak.asf

http://www.oecd.org/document/7/0,3343,en_2649_33767_38312839_1_1_1_1,00.html

www.crinvestmentadvisors.com  “Your International Investment Advisors”

No.
We hear this question quite frequently. Many of our people feel more comfortable with the creditworthiness of the Swiss Banking model. Many of our prospects and clients need to utilize foreign jurisdictions for asset protection planning or other reasons, but the answer is, NO. You do not have to open a Swiss Private Bank account to engage our firm. Since Swiss banking fees are slightly higher, some people choose to purchase and custody assets in other financial institutions. We can still manage your account utilizing a common trade authorization. Please call us if you have any questions regarding our Wealth Management approach. www.crinvestmentadvisors.com

We’ve been watching this case closely because it is critical for our US clients whom have accounts in Switzerland. Financial Consultants have been baffled by the IRS aggresiveness but at least it’s over. I don’t think Switzerland will ever be the same as a haven though.

http://www.nytimes.com/2009/08/01/business/01ubs.html?_r=1&hp