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What are the most important considerations when choosing the jurisdiction in which to establish a Trust?

Political and economic stability.

The legal system must follow the traditions of Common Law (Anglo-Saxon law); this is necessary both from the point of view of the written Trust laws and the use of case laws.

Exemption from tax on the Trust assets, gains of the assets and in the case of inheritance.

The jurisdiction must have a suitable infrastructure, capable of serving the needs of investors from various different countries. In this sense, infrastructure means primarily the necessary experts, lawyers, bankers, financial advisers, accountants and notaries to deal with this area of business; in short, the people who participate in the establishment and management of Trusts. It is not just the professional expertise which counts, but, in certain cases, the approach of people and their attitude towards clients can be just as important.

An advantageous regulatory environment - this means that the local financial controller can work efficiently, and that laws and regulations relating to secrecy are strongly adhered to and enforced.

Good telecommunication possibilities, and maybe easy to reach, both of which facilitate the management and handling of assets, particularly when decisions have to be taken and acted upon regularly.

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