Private family offices are increasingly being called upon to manage tangible personal property and art collecting has come to be viewed as a legitimate asset diversification strategy.
A lack of direction by the UK government has led to a fevered activity for wealthy, resident non-domiciled individuals. What is the state of play in a climate where many are considering taking their wealth elsewhere?
Hereditary Prince Alois of Liechtenstein has used his country’s National Day as the occasion on which to announce that wealthy foreigners who deposit monies in the principality's bank accounts will face relaxed transparency laws.
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