Daily Wealth Letter from The Wealth Forums 13 Sept. 2016

Ian Brodie

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 295  TUESDAY,  SEPTEMBER 13, 2016

‘Dont scrap non-doms’

The UK government is risking more than £6 billion of tax revenue by changing rules governing non-domiciled taxpayers, an international law firm has warned. Pinsent Masons said that proposals to scrap non-dom tax status for people living in the UK long-term, due to come into force in April 2017, could prompt many wealthy residents to leave.  READ MORE: http://thewealthforums.com/2016/09/13/dont-scrap-non-doms/

Family offices cut hedge funds

Family offices, which manage the money of wealthy clans, are growing wary of hedge funds.  READ MORE: http://thewealthforums.com/2016/09/13/family-offices-cut-hedge-funds/

Boston attracts more Chinese

Thanks to its famed higher education institutions, Boston attracts thousands of international college students – and a fair number of luxury buyers – each year. And, increasingly, students from China are parking their cash in Boston.  READ MORE: http://thewealthforums.com/2016/09/13/boston-attracts-chinese/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com