Month: April 2016
Chinese UHNW individuals have the appetite for investing in the art industry
Linda Yang , Global Partner, Yingke Law Firm, says that China’s super-rich are particularly interested in collecting jade jewellery, calligraphy, painting and contemporary works of art.
read moreThere is a strong trend towards ‘giving back’
Melanie Ison, managing director, Nerine Group, Hong Kong, also says that Asian HNWs are less driven by tax issues and more motivated to ensure their wealth is preserved for future generations.
read moreChinese clients are still very interested in moving to the US
Silvia On, registered foreign lawyer at Stephenson Harwood, Hong Kong, also says Chinese clients are more interested in investing in the UK, such as purchasing properties, rather than moving here or sending children here.
read moreMultiple wives, mistresses or girlfriends is a universal problem
Patricia Woo, of counsel, Squire Patton Boggs in Hong Kong, says that when it comes to resolving family conflicts related to succession planning, the key is to come up with an equitable mechanism that makes everyone feel they are treated fairly.
read moreItalian pottery is collected in Italy, German in Germany and so on..
Sebastian Kuhn, European ceramics and glass department expert at Bonhams, says that there is usually greater interest among collectors in the area that the pottery was made.
read more888,246 poppies for Tower of London made by hand
Paul Cummings, British ceramic artist who created‘Blood Swept Lands and Seas of Red’ at the Tower of London, talks about his famous installation and trends in the ceramics sector.
read moreDame Lucie Rie, Hans Coper, Magdalene Odundo and Grayson Perry sought after
Robin Stewart, Sotheby’s expert in British Studio ceramics, says that while Rie and Coper appeal to more traditional collectors within the studio ceramics field, Odundo and Perry attract contemporary collectors.
read moreIn Japan, China and Korea, ceramics are linked to spirituality
Michelle Molyneux, director of the Crafts Potter Association of Great Britain, also says collectors from the House of Lords carry on family traditions of retaining pieces of British history that reflect British tradition.
read moreUK Govt want ‘regulated investment account’ for ‘clean’ money
Tracy Evlogidis, partner and head of immigration at US law firm, Morgan, Lewis & Bockius’s London office, also says that changes in UK law are causing a decline in UHNW immigration.
read moreFrench tech entrepreneurs hop the Channel
Alex Ruffel, partner at Berkeley Law, also says that although many Middle Eastern UHNWs fear they will eventually have to flee the unstable region, they are still waiting to see how the political situation develops before making a decision to relocate abroad.
read moreChinese take 85% of the 10,000 investor visas issued in US
Mark Ivener, immigration attorney and founding partner at a specialist immigration law firm Ivener & Fullmer in Los Angeles, says that UHNWs using inward investment visas usually go on to purchase multi-million dollar residential properties in New York, Los Angeles, and San Francisco.
read moreMiddle Eastern UHNWs plan exit strategies
Qunmber Ehsan, partner at Child & Child, says that the number of UHNW applicants for a Tier 1 £2m investor visa has risen for the first time since the threshold increased in 2014.
read moreMalta outwits competitors for US inward investor visas
Jurga McCluskey, partner and head of immigration at Deloitte UK, says that as the UK tightens its rules and regulations around immigration, more UHNWs are looking at economic citizenship in destinations like Malta.
read moreCyprus signs double tax treaty with Iran and attracts ‘sanctions’ work
Cyprus’ government pushed through difficult reforms and returned the economy to growth just three years after the island’s banking crisis. High net worth individuals are returning to the country as a result, often driven by political and economic upheaval among Cyprus’ neighbours.
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