A blog focused on educating global physical energy commodities participants on evolving financial, regulatory and marketing developments in the Asian commodities markets including use of cryptocurrencies in physical commodities trading. This blog seeks to educate market participants only and does not constitute financial advice.
Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts
Thursday, 4 April 2013
With Cyprus money grabbing happening all over - where do you park your cash?
The question for hard working expats has always been that with investment bankers like the ones portrayed in this classic video, playing with depositors money - is there a safe place to park your money? The bitter truth is - not really but there are indeed some places that are safer than most - and ironically very close to home. The Isle of Man and the Channel Islands by far have the best prospects of fully honoring "return of assets". They are the quite literally the last bastion of tax havens (along with Delaware in the US) that is not under attack from rogue central banks or aggressive tax agencies.
Labels:
Channel Islands,
Cyprus,
Isle of Man,
tax
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