There are many questions potential expats have when they are planning to move abroad or when they first arrive in their new country of residence. At Blacktower, with specialist expat banking financial advisers across Europe, in countries like France and Spain, and in Grand Cayman and USA, we have probably heard them all! In this guide, we're tackling the question of expat banking.
The Cayman Islands has signalled its intention to invite greater Chinese investment opportunities following recent corporate events in Asia in which Cayman Finance CEO Jude Scott spoke about the potential for increasing collaboration.
While attending events in Shanghai, Beijing and Hong Kong, Scott, whose organisation is charged with protecting, promoting and developing the Cayman Islands' financial services industry "through cooperation and engagement with domestic and international political leaders, regulators, organisations and media", spoke of how The Cayman Islands could use their status in the wealth management industry to benefit Chinese investment.
The Chancellor of the Exchequer, Jeremy Hunt, unveiled his 2023 Autumn Statement on Wednesday 22 November, alongside an updated economic forecast from the Office for Budget Responsibility. The Statement was centred around ‘growth’, with Mr Hunt leveraging increased tax receipts from a stronger-than-anticipated economy to fund 110 growth-promoting initiatives. Mr Hunt said the government had […]
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