In the realm of wealth preservation and estate planning, few tools are as powerful and versatile as the irrevocable trust. While the term might sound daunting, knowing how to set up and utilize an irrevocable trust can be a game-changer for HNWIs looking to protect...
In recent years, Asia has emerged as a powerhouse in the global economy, and with this economic growth comes a surge in wealth creation. As Asian families accumulate vast fortunes, there's a growing trend that's catching the attention of the financial world: the rise...
Hong Kong has long been regarded as one of the world's premier destinations for establishing offshore companies. With its strategic location as a gateway to Asia, robust financial infrastructure, and business-friendly policies, Hong Kong offers foreign entrepreneurs...
The Philippines is a popular destination for expats looking to retire, work, or simply enjoy the tropical lifestyle. But before you can fully immerse yourself in all that this beautiful archipelago has to offer, you'll need to sort out your finances - and that means...
A greater number of foreigners live in Thailand than anywhere else in Southeast Asia. Naturally then, there’s a strong demand for opening bank accounts here. Yet the rules have always been unclear. I successfully opened dozens of Thai bank accounts over the past...
Last updated February 3rd, 2025. Malaysia is one of Southeast Asia’s most important banking hubs, outranked only by its much smaller neighbor to the south. By banking in Malaysia, you’ll have access to several well-capitalized financial institutions. The ringgit also...
Last updated February 15th, 2025. Thailand is one of the most heavily touristed countries on the planet. It's natural that many people decide to stay longer than a few weeks and open a bank account here. Banking in Thailand isn't just for tourists though - investors...
Last updated February 23rd, 2025. The Qatari banking system is one of the world's most advanced and highly developed. With the Gulf state's continuously growing wealth, more people want to invest in Qatar and use its capital city of Doha as their banking hub than ever...
Last updated April 12th, 2025. Income taxes are a major source of revenue for governments around the world. However, there are several countries with no income tax in Asia. You might ask, how is it possible for zero tax countries to exist? Well, in many cases, they...
Last updated March 5th, 2025. Despite a small population of six million, Singapore acts as Southeast Asia’s main financial center. The city-state developed rapidly in the early 2000s, and today, it ranks among the world’s top banking hubs. Singapore continues taking...