As chess players know well, when there is a significant change on the
chessboard, a change in strategy is a must. Over the past decade some
countries did change their strategy given the new power forces ...
A question that is increasingly posed by such
individuals is the following: What happens when I die, and, in particular, what
system of laws will apply to the succession of those shares?
With such an increase in trade cross border, there is the opportunity for
individuals in Central and South America and those in the Far East for that
matter, to place their private companies in trusts and have the growth of their
business within the asset protection, estate planning trust.
With a record number of billionaires hailing
from Latin America this year, predictions are that the region will
only get wealthier and Brazil is leading the way.
Ollanta Humala was recently voted president of Peru for the next five years.
To this aim, the newly elected government of
Panama has, during 2010, enacted a broad tax reform aimed at attracting
investment to the country as well as improving its investment grade rating.
Having avoided the worst of losses primarily due to
conservative financial management, Brazil’s investment funds markets have
experienced enormous growth in recent years. Brazil now hosts the sixth largest
investment fund industry in the world.
Viva La Brazil
19 July, 2011
Just thinking about Brazil conjures images of festivity and
Due to a combination of factors, including a
highly regarded legal system based on the English common law regime, prudent
regulation, a long standing connection with leading businesses in Latin America
South America has always been considered of less importance
to the world’s economy, when compared to North America, Europe or Asia.