Results tagged “trusts”

for Investors and Traders - March 28, 29, 30

Cara Trading Advisors (Bahamas) [CTAB] is currently earning clients excellent returns while applying proven risk management techniques to protect their assets, held in their own online accounts.

I invite you to attend this tax-deductible international conference, held at the British Colonial Hilton, Nassau, and discover how we do it. We'll even teach you how to do it yourself.

On Day 1, learn about the wealth management model of the future, in which you always know where your money is, featuring total transparency with no conflicts of interest. Learn how Cara Trading Advisors (Bahamas) Ltd. [CTAB] is currently achieving excellent returns by trading effectively and properly managing risk. With a CTAB account your assets always remain in your name, in your own online account at Interactive Brokers. CTAB has the authority only to trade securities on your behalf, in accordance with your detailed risk/return profile, but can do nothing else with your money. You can monitor your account online, and can cancel the authority to trade with 24 hours notice. Unlike traditional wealth management models, fees are charged only for success.

Seychelles has the smallest population of any state in Africa, however they hold the distinction of being, per capita, the most highly indebted country in the world according to the World Bank, with total public debt around 122.8% of GDP and ironically Seychelles remains the richest territory in Africa in terms of GDP per capita.

The Seychelles is a totally independent state generating its own income. Because of economic contraction (the economy declined by about 2% in 2004 and 2005 and lost another 1.4% in 2006 according to the IMF) the country was moving downwards in terms of per capita income; however, the economy came roaring back in 2007 growing by 5.3% due in part to the record tourism numbers, but also the booming building and offshore industries which also continue to set records.

Legislative amendments to allow for the formation of Private Trust Companies has been introduced in the Bahamas, Parliamentary Secretary, Ministry of Finance, Michael Halkitis has revealed. According to Halkitis, these amendments demonstrated the government's "firm commitment to ensuring the delivery of superior financial services to local and international clients." "This is a progressive step in the continued growth and development of our financial services industry and of our economy," he told last month's Private Trust Company seminar.

Continue reading "Bahamas to Improve Private Trust Laws"