Corporate and Fiduciary Services

Cyberattack on Liechtenstein Beneficial Ownership Register Affects Data Linked to 31,000 Legal Entities

August 6, 2026

Liechtenstein is investigating a cyberattack after hackers accessed and copied data from the country’s Register of Beneficial Owners, affecting information linked to approximately 31,000 legal entities. The government said the unauthorized access occurred during the night of July 29–30. After detecting the intrusion, authorities took the register offline, launched an

Türkiye’s 20-Year Foreign Income Tax Exemption Becomes Law

June 12, 2026

Türkiye’s 20-year foreign income tax exemption has officially entered into force. After being approved by Parliament in May, the measure has now been published in the Official Gazette as Law No. 7582, completing the legislative process and providing greater certainty for investors, entrepreneurs, and internationally mobile individuals considering a move

Turkey’s Parliament Passes 20-Year Foreign Income Tax Holiday: What It Means for Investors and New Residents

May 26, 2026

Turkey has moved one of its most closely watched tax reforms a significant step forward. On May 21, 2026, Turkey’s Parliament passed legislation granting eligible new residents a 20-year exemption from Turkish taxation on qualifying foreign-source income, alongside a preferential 1% inheritance and gift tax rate. The measure forms part

Samoa Removed From EU Tax Blacklist Following Tax and Regulatory Reforms

May 10, 2026

Samoa has been removed from the European Union’s list of non-cooperative jurisdictions for tax purposes after implementing reforms aimed at aligning its tax and regulatory framework with international standards. The decision was confirmed by the Council of the European Union on 17 February 2026 as part of the bloc’s latest

Suleymaniye mosque and the turkish flag, Istanbul, Turkey

Turkey’s Proposed 20-Year Tax Holiday on Foreign-Source Income: What New Residents Need to Know

April 28, 2026

On April 24, 2026, President Recep Tayyip Erdogan announced a new investment and tax reform package at the Türkiye Century Strong Center for Investment Program in Istanbul. The package includes a proposed 20-year exemption from Turkish tax on foreign-source income and capital gains for eligible individuals relocating to Turkey. The

New York Moves to Tax Empty Luxury Homes: What the Pied-à-Terre Proposal Means for Global Investors

April 24, 2026

New York is moving to tax something wealthy investors have relied on for decades: owning property without living in it. On April 15, 2026, New York City Mayor Zohran Mamdani and Governor Kathy Hochul announced a proposal for a pied-à-terre tax targeting high-value second homes. The measure would apply to

Switzerland’s Zug Is Becoming a Strategic Base for Gulf Wealth

April 14, 2026

Switzerland is once again emerging as a preferred destination for global capital, but this time, the shift is being driven by geopolitical tension in the Middle East. Recent reports show that wealthy individuals, family offices, and companies based in the Gulf, particularly in Dubai, are increasingly turning to Zug, a

Uruguay Raises Tax Holiday Threshold to US$2 Million and Introduces 12% Tax on Foreign Income

March 29, 2026

Uruguay has introduced major changes to its tax residency framework under Budget Law 20.446, effective January 1, 2026. The reform increases the minimum investment required to access the country’s tax holiday to approximately US$2 million and expands the scope of taxation on foreign income to 12% for residents who do

Rising Numbers of U.S. Millionaires Say They Are More Likely to Leave the Country With Trump in Office

January 27, 2026

A new survey of wealthy Americans shows that about one third of U.S. millionaires say they are now more likely to consider leaving the United States following the return of Donald Trump to the presidency. The findings highlight how concerns related to foreign policy, economic conditions, and domestic divisions are

Malta’s Economic Position in 2026: Operating at the Frontier of EU Performance

January 9, 2026

As of 2026, Malta continues to be one of the more resilient and actively growing economies among European Union member states. Recent statistics and forecasts show that output levels, labour market indicators, and international rankings place Malta in a strong position relative to broader EU performance. This overview sets out