Below is what happened in a week in Expats Finances, as reported on iExpats and from other places across the web.
From iExpats.com:
- Economic Crisis Of Confidence For Business Leaders
The economic crisis is still failing to inspire confidence in chief executives around the world, with two thirds expecting more financial problems to come in 2013
- Offshore Banking Guide For Expats
You don’t have to be a millionaire to enjoy the benefits of having an offshore bank account – they are open to everyone
- Hush-Hush Replacement of Cayman’s Premier
The long-serving Premier of the offshore financial centre The Cayman Islands has been quietly replaced after his arrest on allegations of theft
- Dutch Property Prices In Five-Year Freefall
Property investors who bought in the Dutch market have been hit with prices that have dropped for five straight years
- QROPS, Double Taxation Agreements
Qualifying Recognised Overseas Pension Schemes (QROPS) are seen by many as the best route to tax effective retirement savings for expats
- FATCA Rules Confuse Rather Than Clarify
Confusion still reigns over how to implement a new US law aimed at revealing the financial assets of US taxpayers in foreign countries
- How Currency Overlay And Hedging Shield Investors
In the search for profits, investors are being urged to diversify their portfolios and look at investing in foreign equity markets
- Weak Yen Could Trigger A Global Currency War
Japan’s bid to strengthen the rapidly declining yen could spark a ‘currency war’, according to economic experts
- Dubai Ready To Welcome Foreign Investors
Foreign investors may soon be welcome in Dubai as the government puts together a blueprint to revitalise the flagging economy
- Carbon Credit Traders Shut As FSA Warns On Scams
Fears that some investment firms offering carbon credit investment opportunities are just scams has been confirmed after the government closed down one of the industry’s leading players.
- QROPS App For iPhone
Expats and international workers who want to keep up with the latest Qualifying Recognised Overseas Pension Scheme news can sign in to a new free app for iPhone and iPad
- Get FATCA Right Or Pay Up, Warns HMRC
Financial firms may face compensation claims for breaking data protection laws if they send the wrong information to HM Revenue and Customs under new FATCA laws
Financial News From Around The Web
New rules may cut growth of global banks, says Fitch – FE Investegate
Tax chiefs hit back at criticism over avoidance – Business Matters
Switzerland Settles UK Upfront Withholding Tax Payment – LowTax
PIMCO’S Gross sees U.S. economy on road to extinction – Reuters
Russia’s GDP growth tops the slowest spot since 2009 as Investment wanes – BSR Russia
Japan’s industrial output up 2.5 percent in December, as downturn eases – Washington Post
Follow Us!