Banking — expatriation news
All our news in the Banking section: reforms, conditions and figures, with their sources and dates, newest first.
Banking
Singapore: family offices flock in despite tighter rules
Singapore is attracting family wealth management structures while tightening its approval conditions. For a resident, what matters lies elsewhere: a moderate tax scale, no tax on capital gains and a high cost of living.
· Editorial team
Banking
Hong Kong: new talent flocks in via the Top Talent Pass
The Top Talent Pass opens Hong Kong without a prior job offer, on an income or degree criterion. What the permit gives — and what it does not settle, starting with taxation.
· Editorial team
Banking
Cayman Islands: the financial centre strengthens its transparency
The Cayman Islands levy no tax, and that is a fact. What has changed is not the taxation but the transparency: the jurisdiction publishes, exchanges and registers — which changes how it can be used without changing its rate.
· Editorial team
Banking
UAE: opening a bank account becomes simpler for residents
Opening a bank account in the Emirates still depends on the resident identity card. The simplification concerns processing times and digitisation, not compliance checks, which have in fact been tightened.
· Editorial team