15 Jan

Immigrating To Monaco: The Benefits

monaco from afar

Beautiful Monaco, nestled on the edge of the Mediterranean, is a lot more than just a holiday destination for many Europeans. It’s also a popular target for permanent relocation thanks to its financial situation. The city-state of Monaco has some impressive financial credentials: It has the lowest poverty rate in the world, the highest GDP per capita, and a truly outrageous proportion of millionaires and billionaires. The standard of living in Monaco is extremely high and has been for decades.

( Cayman Islands are also a good solution. )

What are the financial attractions that make Monaco a haven for the wealthy? These are the key draws:

* No Income Tax

Citizens of Monaco enjoy the world’s lowest tax bracket, ensuring that more (in fact, all) of their take-home pay is theirs to do with as they please. The city-state’s unemployment rate is an astonishing zero percent, so this tax policy affects every citizen in a positive way. Income is considerably above European averages, so most residents are enjoying very healthy compensation.

* No Tax On Capital Gains

Residents of Monaco do not pay capital gains tax. This is one of the factors driving the petite country’s property market to such heights. Property in Monaco is amongst the world’s most valuable, with the average square metre trading hands for an astonishing 65,600GBP.

* No Wealth Tax

Although the UK does not have a wealth tax itself, this form of taxation is increasingly common in continental Europe. Such taxes are imposed by France, the Netherlands, and Switzerland. This makes Monaco an attractive destination for relocation and asset transfer – rich French citizens are particularly enthusiastic about coming to Monaco for this purpose.

* No Inheritance Tax

One’s heirs pay no tax on estates in Monaco. Inheritance taxes can be vast in other European nations.

* Favorable Location

All of the continent’s major cultural and financial centers – Paris, London, and Zurich – are easily accessible from Monaco. It’s a convenient place from which to run a business, and it also features an extremely comfortable climate.

* Financial Security

Though Monaco’s personal financial restrictions are minimal, the rules and regulations applied to businesses and banks are much more thorough.

* Pro-Business

The strict regulations governing businesses and branches operating in Monaco don’t serve to drive off any companies. Those that choose to operate in Monaco enjoy very favorable business tax rates, more than making up for the regulatory complexities of the city-state.

Though Monaco is a member state of the European Union, becoming a resident takes considerably more than simply relocating to the city-state. Monaco has a vested interest in preserving and maintaining its high social and economic standards. That means the financial requirements and background checks are extremely thorough.

On the financial side, prospective residents are required to have a local bank account. Since minimum initial deposits at Monaco banks are generally on the order of 300,000GBP, this is not an insignificant bar to clear. Would-be residents also have to go through a criminal background check that needs to turn up a completely crime-free history for at least the last five years. Many individuals turn to the help of dedicated consulting companies for relocation to Monaco ( http://www.relocation-monaco.com ) to help them with all the details and paperwork.


26 Dec

How to Choose the Right SME Loan Consultant?

Choosing your next SME loan consultant can make or break the success of your business. Following an SME’s business advice is crucial and may even create a huge difference to how your company will develop in the following years. To ensure that you are hiring the appropriate SME loan consultant for your company, then follow the tips below.

loan consultant form

1. Ensure that you are hiring a qualified consultant

Whether you only need help on a single project or you want ongoing consultancy, make sure that you are seeking advice from the right person. It wouldn’t hurt to do a background check of the person’s qualifications before agreeing to follow his or her opinions on certain matters. Remember that it is your business’ success that is on the line at all times.

2. Identify your needs

There are certain aspects in your business that you can cover yourself so be sure that you really need a consultant before you even hire one. Take a closer look at your business needs and check what really has to be prioritized. This will save you more money and time since you already know how the SME loan consultant will resolve your concerns.

3. Check if the advice is unbiased

There are consultants that are getting paid through a commission for recommending a service or a certain course of action. That’s why you need to check if the person you are hiring can really be trusted.

4. Be straightforward

Call the attention of the SME consultant if think that you are not getting the level of service that you are expecting. Speak up and be brave enough to tell them that you are not satisfied with their advice or if you think that the proposed solution is not feasible.

5. Make sure that they understand your business niche

It will be best if you hire a consultant that specializes in the kind of business that you are in. Check if their area of expertise matches your business niche to ensure that they understand your requirements.

27 Oct

5 Tips for Using Internet Marketing for Branding

Internet marketing is a hugely useful tool for businesses. It can help to promote products and services to a large, global audience and increase site traffic, helping to convert browsers into customers. It can also be a great tool for branding and creating an iconic brand identity. Here’s how you can use internet marketing as a branding device for your business.

Social Media

If you want a recognisable brand identity, you should jump on board social media. Make sure you’re posting regularly on your accounts (but not spamming; that will do more harm than good), and you use your platform to communicate with your followers. Having the freedom to post whatever you want means that you can decide exactly how your audience will see your brand, creating your own unique identity.


Search engine optimisation is critical to a successful online presence and according to one SEO agency in Cambridge, it became a must for local businesses if they want to attract traffic via internet. It is essentially the process of curating content that will help you rank higher in the search engine results. This will maximise your online presence, helping you to better build up a brand identity, and show your audience that you’re a notable business.

Internet Marketing for Branding


Adding a blog to your website can do wonders for your brand. By using your blog to advise potential customers and give more information on your products and services, you create a more trustworthy brand identity and encourage sales. You can also discuss topics around your niche, to show you know your stuff. If you’re a small, local business, posting local news now and again (keep it positive) will also help establish your brand as a part of your community.

Consistency is Key

To build up a recognisable brand identity through internet marketing, you need to ensure all of your content and pages are consistently similar. Use a recognisable logo on all of your platforms and any advertisement, and keep font and colour schemes the same. This will encourage viewers to associate your brand with your image. You should also follow a similar tone of voice, for example light-hearted and friendly or professional and factual. If you aren’t consistent, you’ll find it a lot harder to establish your brand identity.

More than Just a Business

A great way to establish a brand identity through internet marketing is to offer your audience more than just what you are selling. Allow them access behind the scenes on social media, showing them how products are created and what goes into your brand, and make sure to include a section on your website to introduce the team. You should also keep communication open with customers. This kind of personal touch will help your audience to connect with your brand and they’ll feel more comfortable buying from you.

Branding is an extremely vital aspect of any offline and online business, and you should be taking advantage of how easy it is to create your brand identity online. Unlike with traditional ads, it’s far easier to connect with customers through internet marketing, and to show your business exactly as you want it to be seen.

12 Oct

4 Things to Consider Before Choosing your POS Products

With so many varieties available, finding the right POS products for your business can be difficult. If you’re starting from scratch, with no POS products whatsoever and little knowledge about which will suit you, it can be hard to find your perfect match. Before making any purchases, you should take into consideration a number of things – 4, to be exact – that will help you to get what you need.

What’s your Business?

The first thing you should consider is what your business is, and so what you will need your POS products for. If you’re a clothes shop, for example, most advertising is usually images of products on posters, so snap frames are probably best for you, whereas a restaurant is advertising their food so will, of course, need menu holders and also products such as chalkboards for daily specials. Knowing what you need is the first step to finding the right POS.

display in snap frames


What’s your Budget?

You should also be considering your budget before buying POS products. Although it is a very cheap and cost effective way to advertise, if you’re buying multiple products it can soon add up. Know how much you can realistically spend before buying, and then how much you can spend on each type of POS product, taking into account how much they cost – that is if you’re buying multiple varieties of course. This will prevent you from spending a load of money on, say, leaflet holders, and being left with only enough for one snap frame. A disaster!

How Much Room?

It’s pointless buying a load of POS products only to realise you have nowhere to put them. This is why it’s important to plan ahead and look at what space you have. If you have a lot of wall space, anything that can be wall-mounted is a good idea, and before buying pavement signs make sure you actually have room to put them on the street without getting in everybody’s way. Make a plan of where all the products you’re buying will go before you hand over any money, and don’t forget about storage of them too!


Which Variety of your Chosen Variety?

That’s right, the choices aren’t over once you’ve selected a type of POS products. You’ll need to also consider which style of that product you would like, depending on your use and it’s location. For example, should you get lockable poster cases or will snap frames do? A weighted pavement sign or one with wheels? These should all be decided based on how you plan to use your POS products, and the practical aspects such as safety and accessibility.

POS products can be a great asset to any business, as long as you pick the right ones! Considering these factors before you make any purchases will help you to get what you need and stop you from realising too late that you haven’t got the room or you’ve spent too much money, or whatever disaster has occurred. Once you’ve found exactly the right products for you, you’ll be grateful you took the time to go through these questions.


25 Jul

The Rise of Central and Eastern Europe Nearshoring

More than 10 years ago, the Economist foresaw the rise of outsourcing in Central and Eastern Europe, but the report mainly concentrated on just a couple of countries, such as Russia and the Czech Republic. The fact is, nobody could predict how attractive Central and Eastern Europe would become to German and UK companies in the next couple of years. As more and more IT outsourcing locations start to emerge on the map, it looks like that nearshoring can gradually replace the widely used “offshore-onshore” outsourcing model. Read More

19 Jul

What Does Gundlach Say About Gold

About Gold

Over the weekend, the head of DoubleLine Capital and Bond Guru gave an interview, and Gundlach said what he thought about different factors such as the upcoming US elections and the fallout from Brexit. He maintained his views that gold prices will continue to rise, and that gold miners would have a probability of making 10%, if gold was bought today. He added that a gain of 10% on Treasuries is about 20%. Read More

22 May

What is the ‘Brexit’?


On June 23, the United Kingdom (U.K.) will hold a dramatic referendum to determine whether it should withdraw from the European Union (EU). Essentially, the British electorate will be responding to the following question: “Should the U.K. remain a member of the EU-or leave it?” Read More

08 May

Bookkeeping Courses in London

Bookkeeping Courses in London

London has a huge Banking and Finance industry and this means that it is a City with lots of jobs for Bookkeepers, Accountants and Finance professionals. However, many people are failing to get into these types of jobs because they lack the skills or relevant qualifications needed to be getting a Job in Finance. Read More

07 May

Maximize Your Work Performance With These 6 Tricks

Lately it has become difficult to really tell the difference between working hours and everything else. People seem to be taking their work home and thinking about it even during dinners and family outings. But if you maximize your performance while at work, you can leave the office carefree and enjoy your time with friends, family or yourself. Here are some tricks that might help. Read More