T
thomasparra
Guest
How do you see SG versus Jersey for personal banking and access to financial markets?
Jersey is highly attractive for its offshore status. You get decent investor protection and you can also invest on the LSE with the main too big to fail banks.
I feel that SG will get more pressured to enact stricter tax laws by the West, and their new corporate and personal income tax reflect that. Their banks are known as solid but it's pretty useless if you cannot invest in the right juridictions (eg Ireland) unless you get access to some attractive PB offerings. The SG stock market is pretty much non existant and irrelevant hence I would not invest there.
Jersey is highly attractive for its offshore status. You get decent investor protection and you can also invest on the LSE with the main too big to fail banks.
I feel that SG will get more pressured to enact stricter tax laws by the West, and their new corporate and personal income tax reflect that. Their banks are known as solid but it's pretty useless if you cannot invest in the right juridictions (eg Ireland) unless you get access to some attractive PB offerings. The SG stock market is pretty much non existant and irrelevant hence I would not invest there.
