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Denial is a ubiquitous psychological defense mechanism. It involves the repression of bad news, unpleasant information, and anxiety-inducing experiences. Judging by the German press, the country is in a state of denial regarding the waning health of its economy and the dwindling fortunes of its financial system.Commerzbank, Germany's fourth largest lender, saw its shares decimated by more than 80 percent...

The first Bank Secrecy Act in the Caribbean was adopted in the Bahamas in 1964. Until then, Switzerland had always been the “renowned banking haven” – known throughout the world for its “private banking”. The Cayman Islands government soon followed the Bahamas Bank Secrecy Act, with almost identical legislation a year later. The growth of the Cayman Islands into the top...

Dubai is fast emerging as an attractive investment for real estate, and not without reason. Today many asset managers are rushing in to take advantage of the extraordinary growth in Dubai. Companies are also finding it lucrative to expand in areas like the Cayman Islands. Also with the region being mainly Islamic, Shariah-compliant investment funds have gained more significance. The private equity market...

The Caribbean is the playground of the rich, famous and those who are looking for an investment in luxury homes. Grand Cayman is one of the most popular islands where expats invest in real estate. Luxury living in Grand Cayman means a higher price tag than you might find on other Caribbean islands or bordering countries.Why Grand Cayman Is So AppealingThe views of turquoise water aside, Grand Cayman...

Westgate resorts, with more than 10,000 timeshare units, is the third largest timeshare in the world. Westgate has over 400 owners and employs 6,500 people, says the Westgate website. The brainchild of David Siegel, Westgate was founded more than 40 years ago, nurtured from a garage business into an empire. Westgate has gone down into history as the largest privately owned timeshare in the world. One of...

You may plan to sell your house for buying a new house when your current house becomes too small for your growing family or you may have inherited an additional house property, or your dream job requires you to move to another city or a different state. Well, in any of these situations you need to sell your house, cash for house offers are possible with home buyers.Cash for house companies are emerging...

When deciding to promote your own home you have got two choices. You'll be able to both use the providers of actual property dealer or you may promote it your self to a "We Purchase Homes Money" firm. Every state of affairs has its professionals and cons which we have now outlined for you under. Each scenario is completely different and we wish to be sure to make the very best resolution potential. We...

It's normal information that the majority massive corporations and the wealthiest folks on this planet use offshore banking to complement their increasing waistlines. Nobody desires to see their hard-earned cash being swindled away by a clumsy authorities however the issue comes when governments themselves reward these fats cats for failure.The CEO's and chairmen of big company banks have knowingly used...

This text takes a number of the thriller of the offshore incorporation course of. It brings you a abstract of the completely different phases which the incorporator goes via when establishing an offshore firm.JURISDICTIONThere are various optionally available offshore jurisdictions in which you'll incorporate your small business. On this information we concentrate on two of the most well-liked...