Our valued sponsor

Recent content by mandarin88

  1. mandarin88

    What a lifestyle in DUBAI - I'm coming...

    I think it was a joke with a sprinkling of truth :) As the great Eminem says - a lot of truth is said in jest.
  2. mandarin88

    What a lifestyle in DUBAI - I'm coming...

    Where do they live?
  3. mandarin88

    UK non-dom: best offshore brokers and banks account

    Try Pictet, Julius Baer, Lombard Odier, Cazenove?
  4. mandarin88

    UK non-dom: best offshore brokers and banks account

    oh hey! Look up cazenove capital too, if you're looking for management. Lower AUM fee than UBS, different customer approach. So far we like CS and Cazenove, but have another meeting with CS tomorrow. Still waiting on DBS. That's a shame, but not surprised. However I've recently...
  5. mandarin88

    UK non-dom: best offshore brokers and banks account

    Yes changing tax residency is def something to look in to. But I’m afraid it’s too late atm, uk tax residency is quite sticky so it’ll be around for a while.
  6. mandarin88

    UK non-dom: best offshore brokers and banks account

    Tha Thanks! When I say non-Dom’s, Sorry I’m referring to the uk tax resident non-domiclied reporting structures and optimisations. The European banks appear to have a lot of systems set up to deal with it. DBS guy said they can handle but we didn’t get into specifics. Have emailed and asked...
  7. mandarin88

    UK non-dom: best offshore brokers and banks account

    Thanks very much! Quite a relief to get some impartial perspective - so hard to find real reviews on these things. you’re not UK non-dom though from what I gather (Dubai based). I wonder if DBS is set up well to handle the segregation matters required by non-Dom’s. Just got off the phone with...
  8. mandarin88

    UK non-dom: best offshore brokers and banks account

    Anyone have experience to share RE: uk-non-dom with Singapore DBS wealth management/ private bank? Been speaking with them, UBS and Credit Suisse. Upwards of 7 to low 8 figures USD. Credit Suisse was very proactive in the non-dom discussion. Been looking at wealth management options to start...
  9. mandarin88

    UK non-dom: best offshore brokers and banks account

    Oh, the temp rule - I just realised that if I made I mistake transferring money into UK (say to a UK account held by IBUK), I can transfer it back out with in that time and it won't count as remittance. I think it applies to cash as a normal asset. But I'm quite convinced now that sending USD...
  10. mandarin88

    UK non-dom: best offshore brokers and banks account

    USA I'm quite sure. No, the money (USD account in USA) is sent by ACH account link to IB LLC (USA entity). Are you familiar with ACH? Automated clearing house - Wikipedia Also reference: Tax: UK Persons and Entities: UK Residents IB Accounts | IB Knowledge Base Thanks! Yeah it does seem...
  11. mandarin88

    UK non-dom: best offshore brokers and banks account

    Hi Martin, I have been reading the non Dom UK guide books, and came across this explicit exception for UK brokers dealing with non-uk funds and investments: https://www.gov.uk/hmrc-internal-manuals/residence-domicile-and-remittance-basis/rdrm34040 Would this not mean that using IB...