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Foreign Exchange

Expatriates, international investors and frequent travelers often need to move money between currencies and the conventional bank systems for doing this are often slow, cumbersome and expensive. There are also trading and investment opportunities in foreign exchange.

A host of services has sprung up to cater to the needs of internationally mobile capital outside the conventional banking system, which has been slow to respond to the needs of modern investors and traders.

Some of these simply allow the transfer of money on nominated dates at pre-booked exchange rates, often free; others offer alternatives to conventional stores of value using gold or other instruments; and for more demanding, professional traders there are currency exchanges in many cities worldwide, often offshore, which allow trading to take place in a tax-free environment.

There is a considerable amount of helpful material on foreign exchange in investorsoffshore, and for that matter on our other sites as well, so here are some links to relevant parts of our own and other sites, listed below under various subject headings:

Foreign Exchange

Foreign Exchange Trading - Delightful, But Have A Care! An InvestorsOffshore special report on the new offshore possibilities for trading and investing in foreign currencies.

The Lowtax.net jurisdictions section has detailed descriptions of the stock exchanges, many of which offer currency trading facilities, in each of more than 20 key offshore jurisdictions

The LowtaxPro Offshore Stock Exchanges Report: highly detailed information on stock exchanges, many of which offer currency trading facilities, in the top 20 offshore jurisdictions. This is a paid-for report, but you can see a contents listing through this link.

Forexyard.com is one of a number of forex sites that offers reasonably informative tutorials alongside forex trading services.


Related Forign Exchange News

2012: China Pushes Shanghai As International Financial Centre

2012: Joint HK-UK RMB Forum Launched

2012: Transaction Costs To Soar Under EU FTT

2012: Italy Backs EU Financial Transactions Tax

2011: Sarkozy Champions Tobin Tax Again

2011: Opinion Divided On EU Transaction Tax

2011: Semeta Outlines Common Rules For European FTT

2011: Barroso Champions EU Tobin Tax

2011: Swiss Government Welcomes Action On Franc

2011: Switzerland Plans EUR2bn Business Support Package

2011: Tobin Tax Is 'Economic Suicide' UK Business Warns

2011: China's Five-Year Yuan Convertibility Plan Revealed

2010: India Disallows Forex Losses

2010: Lord Paul Relinquishes Non-Dom Status

2010: IOSCO Ceases Bahamas Monitoring

2010: DME Sees Record Trading

2010: Hong Kong To Shed Light On 'Dark Pools'

2010: Phillipine DOF Opposes Migrant Tax Break

2010: Bermudan Budget Announced

2010: Hong Kong Budget Includes Increased Property Taxes

2010: Singapore's Budget To Raise Productivity With Tax Incentives

2010: Belize To Retain Retired Expat Incentives, Clarifies Tourism Board

2010: Trial Threatens Hands's Guernsey Tax Residence

2010: CAI Comments On Irish Finance Bill

2010: Lenihan Outlines Raft Of Tax Changes In Irish Finance Bill

2010: Swiss Finance Directors Propose Reform Of Flat Rate Tax

2010: Expats Urged To Consider Belize's Retirement Scheme

2010: Deadline For UK Non-Doms With Offshore Assets Approaches

2010: Malaysia, Bahrain Exchanges To Collaborate On Islamic Products

2010: Philippine Bill Introduced To Give Stock Market Tax Breaks

2010: Indian Tax Revenue From Share Trading Rises 25%

2010: FTSE Group, EDHEC-Risk Institute Create New Risk Efficient Indices

2010: Nasdaq Dubai Reports Marked Increases In Trade Volumes

2010: Hong Kong Consults On Extending Takeover Code To REITS

2009: Taiwan Tax Reform Committee Decides Against CGT On Securities

 

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