One of the reasons for such a phenomenon is the fear of strengthening the state control over the movement of capital.
American millionaires are widely transferred largely to foreign countries, fearing possible financial and political restraint restrictions. The telegraph reported it on Tuesday, March 25th.
According to the management of the company’s director London and capital Robert Paul, for the past three to four weeks, five major transactions have been recorded for $ 40 million, $ 30 million, $ 30 million, $ 100 million and $ 50 million. The funds are primarily transferred to Switzerland, Jersey and Hernsi Banks.
One of the reasons for such a phenomenon is the fear of strengthening the state control over the movement of capital. Managing Director Henley & Partners Judy Halst said that more than one -quest of her customers were interested in ways to withdraw possessions from the United States. He also said that one of the Swiss banks in the past two weeks has opened 12 new accounts for Americans.
Financial experts explain this trend to the uncertainty of US economic policy.
Rating agencies have reduced forecasts of economic growth of the country, and the Federal Reserve system reduced the forecast from 2.1% to 1.7%.
In addition, some of the wealthy citizens are studying the possibilities of transferring investment, especially the possibility of receiving Visa in New Zealand or opening Liechtenstein accounts. While analysts believe that the introduction of radical restrictions on capital movement in the United States is still not likely.
Earlier, Donald Trump said he intends to introduce duties to products from EU countries.
In EU Trump criticized the fee
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.