Although McGregor made his name developing tax planning trusts in the Cayman Islands, helping clients avoid punitive UK tax provisions, he also published a seminal work on UK personal injury law, served as president of the Harvard Law Association for twenty years, was Warden of New College Oxford for more than a decade, regularly shared his love of music with others by performing the work of Noel Coward and Cole Porter at private parties, and he was appointed CBE in 2014 for his services to law and education.
But it is perhaps for his wealth management work in the Cayman Islands that McGregor will best be remembered. Today the British Overseas Territory generates $1.2 billion of its GDP through the financial services industry while it is also rated by HSBC as the friendliest destination in the world for expats. Indeed, it is the only place in the world with more registered companies than inhabitants.
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
VACANCY – Senior Compliance Officer
A new report published by the Cabinet Office has found that expat UK pensioners will be in need of sound expat financial advice should Britain choose to leave the EU following June 23rd’s referendum. The report states that any such Brexit would cause a “decade of uncertainty” for expat UK pensioners, potentially prompting the need for urgent expat wealth management advice.