Cayman: Why This Caribbean Island Is Prime For Offshore Gold Storage
Aug 14, 2024 1:48 pm
With inflation through the roof and a tumultuous stock market, more people than ever continue to realize the necessity of having gold as an integral part of their portfolio. But how do you keep it safe and secure from the hands of greedy governments and other malicious actors?
Today’s guest is Mark Yaxley, CEO and co-founder of Strategic Wealth Preservation, an international precious metals dealer and secure storage provider headquartered in the Cayman Islands. Mark will explain why the Cayman Islands is such a hotspot for individuals looking to protect their wealth through offshore gold.
LISTEN NOW:
https://expatmoneyshow.com/episodes/311-mark-yaxley
TODAY’S CONVERSATION WITH MARK YAXLEY:
- Listen in to learn how Mark first got involved in the precious metals business and eventually started SWP in the Cayman Islands, a place he knew little about at the time.
- What makes the Cayman Islands so special? Learn what unique qualities give this country an international reputation as a hub for financial services.
- Is Cayman safe? Find out how this small island nation stacks up to some Caribbean neighbours.
- How do native Caymans feel about all the foreign investment and expat presence in their country? Mark provides insight into the relationship.
- Mark provides a breakdown of the unique demographic makeup of the Cayman Islands.
- Uncover the extremely tax-friendly and business-friendly laws, making it a prominent offshore jurisdiction.
- You will be appalled to learn how the “Covid pandemic” was used as an excuse to add complicated regulations regarding the importing and exporting of gold.
- What about the visas? Mark breaks down the residency options for those looking to live and work in the Cayman Islands.
- Discover the exciting prospect of Cayman Enterprise City, a special economic zone within the Cayman Islands.
- Get the inside scoop on SWP’s brand-new vault in the Cayman Islands. From the pictures I’ve seen, this place is phenomenal!
WHERE TO FIND MARK YAXLEY:
Offshore Gold & Silver with SWP
Email info@swpcayman.com with any questions!
RELATED EPISODES:
279: Doug Casey's Crystal Ball - Predictions For 2024
275: Gold, Inflation and the Banking Crisis: The Outlook for 2024 - Peter Schiff
230: Goldbacks, A Viable Solution To Sound Money - Jeremy Cordon
CONCLUSION:
I had a blast talking to Mark and learning more about the Cayman Islands. While Cayman is a great place to do business and even to live, permanent residency can be extremely difficult to obtain, as opposed to here in Panama, where I am getting residencies for people in a month total.
Expat Money has been a partner with Mark's company, SWP, for the past year, and we’ve received nothing but positive feedback from clients and subscribers about their professionalism and ease of working with them. Be sure to open an account at expatmoney.com/gold before gold prices rise even higher.
Speak soon,
Mikkel
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