DeVere USA in a New York state of mind
International advisory giant deVere has adapted its business model to cater for expat Brits as well as Americans and others living in New York
US
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irs watchdog says its offshore voluntary
The Internal Revenue Service has been too hard on those Americans who have come forward in recent years to disclose their unreported overseas bank accounts‚ according to a Congressionally-appointed watchdog.
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us banking lobby urges congress to
Ricardo V, a well-to-do Brazilian executive travels frequently between São Paulo and New York. He does not take one of the many non-stop flights, however. Rather he books a trip with a Miami stop-over. The Miami stop is not about company business, shopping or visiting relatives.
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tobam targets us market with ny
TOBAM, a Paris-based asset manager which bills itself “anti-benchmark”, has opened an office in New York City, and named two Amundi US execs to oversee its expansion, from there, across North America.
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more super rich in western countries
The number of “ultra wealthy” individuals in Western countries such as the US, France, Germany and the UK has grown faster in the year to the end of June than those in the emerging market, a new report says.
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a refuge from the us tax storm
For the last five years, Maseco Wealth has been helping the growing number of American expats who have been caught up in a US crackdown on overseas accounts…
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us lawmakers seek to make it harder
A bipartisan group of US lawmakers has introduced legislation aimed at making it harder for criminals to carry out financial crimes in the US, in part by putting an end to the ability to form corporations without disclosing the identities of those behind them.
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New York tax payers face driving licence ban
New York Governor Andrew Cuomo has introduced a new initiative to encourage individuals who owe significant back taxes to pay their bills by suspending their State driving licences when their past-due tax liability exceeds $10,000.
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aviva investors us equity income demand
Aviva Investors is soft closing its US Equity Income Fund in early October in order to protect performance as UK investors have poured money into the vehicle in the past year.
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billions flow to developed equity funds
Year to date some $153bn has gone into developed market funds while $1.4bn has come out of emerging market portfolios globally, according to global fund flow data from BofA Merrill Lynch (BofAML).
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chase belgrave unveils retirement plan for us
Chase Belgrave, a Zurich-based wealth manager and financial consultancy, is working with an external trustee to offer high net worth American expatriates a pension plan that is tax efficient from a US perspective.
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number of ex pat americans renouncing
The number of ex-pat Americans who are formally renouncing their citizenship, though small relative to the total number who live abroad, has risen steeply in response to the increasing costs and hassles associated with being a US citizen abroad.