Wealth Management

We provide high quality wealth management services to individuals and families offering solutions that meet the unique needs of our clients. Our portfolios are rooted in fundamental research, macro perspectives and risk controls. We are dedicated to earn clients’ confidence through the consistent delivery of equity offering.

Our services are beneficial to private individuals, professional intermediates, trust companies and industrial investors. Every solution we offer is focused on preserving capital and growing wealth.

We offer distinct investment products beneficial to Family business.Our solutions outline secure, middle term and win-win investment products, which provide diversification of the family business’ investment portfolio and acquisition of Permanent Residence Permit and even Bulgarian passport for the family members of the investor.

general
information

Wealth Management

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general
information

The free market economy in Vietnam is having positive changes, creating a base for private enterprises to receive large capital inflows from domestic and international investment funds. Private business owners, with an agile mind and strategic vision, have benefited significant profits from mergers and acquisitions. Besides the demand for second citizenship for this group of private business owners along with their desire for enjoying freedom of movement, opportunities for long-term study and living abroad for children, and advanced social security program, there is also a need to continue expanding their investment portfolio in other economies around the world to benefit from diverse and legal investment products.

However, the investment and management of assets is not simply transferring money abroad through the immigrant investor programs, but also more complicated, due to the regulations on financial reporting and tax planning in the investing country which apply to investments & capital holdings. Recently, Vietnam has been signing agreements with world’s financial institutions and developed countries on transparency of finance, tax and banking information, linking through Passport numbers and personal tax codes. This will directly affect Vietnamese investors and business owners of private companies, who hold second citizenship or are investing and owning assets in other developed countries but not yet care or pay special attention to asset declaration and income tax on worldwide assets.

Resident Global and international associates, such as financial analysis and management groups and banks in most developed economic markets, with global vision & understanding, commit to support customers in Vietnam in personal property management planning, to ensure that customers are always responsible for taxation of investment income & property in investing countries as well as making a comprehensive structure plan for protecting the assets of customers in the most effective and economical way, bringing the safest and most optimal profit.

ACTUAL SITUATION

Common issues

Customers do not understand clearly about the tax declaration and tax payment system in the country that they want to apply citizenship, so after the naturalization, they do not declare source of assets and global income correctly as required by the host country.

Customers do not know about financial products and investment assets through protected financial instruments in the developed financial markets, so they do not understand the benefits of safety for source of funds, profits and taxes when using these tools.

Common problems in foreign investors

Prior to investing in settlements, customers do not understand the legal provisions on global asset declaration in the country that they are doing to reside or settle.

In the process of registering the application for immigration programs as well as when having second citizenship, customers do not update changes in international financial regulations, leading to failure to declare global assets & global income tax.

Common problems in non-resident investors in foreign countries

Customers do not fully and specifically understand the regulations for declaring investment or income assets in foreign countries, as well as legal ways of direct investment transfers with private financial corporations and / or with asset management programs of international bank in foreign countries. Investors do not have a clear understanding of regulations of Vietnam Government on foreign investment, especially about the limits of the Vietnam Government on foreign investment transfer.

Solution

To assist customers in solving practical problems mentioned above, Resident Global provides two groups of services for individual customers, including standard services and personal services set up for each specific investment requirement.

services

Standard service

Personal services will be designed by Resident Global according to each investment needs as well as the need for securing family assets for each individual customer specifically and in detail.

Supporting to set up companies in many countries around the world with quick procedures.

Providing administrative representation services in the host country to the client's company

Consulting on opening bank accounts for businesses and individuals in the host country

Filing and submitting periodic financial statements and annual audits as required by the host country.

Support payroll service & personal income tax declaration for employees in the company.

Provide work visa application service

Completing procedures for transactions that the client's company needs to perform during the business registration process.

Advising on finance, business operations, economic law, commercial law & corporate tax & personal tax regulations when operating business in the host country

Establishing an office, recruiting personnel in the host country, if the customer want to operate the business

Life Insurance

Life Insurance is a Contract between Insurance Buyer & Insurance Provider. Once this insurance program is approved, the Insurance Provider becomes the sole owner of the property and determines the amount of assets and money transferred by the Insurance Buyer. Transferable assets may include and are not limited to bank deposits, securities, shares in private companies, stocks in companies on the stock exchange, properties, works of art and other valuable private properties. Insurance Buyer are entitled to appoint Beneficiary. The Beneficiary is allowed to withdraw part or all of the above registered assets throughout their life according to the timelines set by the Insurance Buyer & Insurance Provider.

Personal income tax planning

Personal income tax planning. Resident Global will work with international partners to plan and design the investment system structure with financial products in other investment countries in the most appropriate way to help customers benefit from tax rates in these investments. Tax planning is based on countries with superior tax rates, encouraging foreign investment, bringing higher benefits to the total personal income of customers. Each individual customer will have the needs, desires of investment territory and different types of finance, Resident Global will work with each customer to offer the most appropriate, stable & beneficial solutions on costs, optimizing income from foreign investments.

Trust

Trust is a form of establishing a legal relationship between the Trust Founder (Settlor) and a licensed Financial Institution in the country where the fund is established (Trustee). Accordingly, the Trust Founder (Settlor) contributes personal assets to the fund. The Fund is held & managed by a Financial Institution (Trustee) with the role and responsibility to ensure the interests and rights of the Beneficiary. The Founder has the right to appoint any individual or organization to be the Beneficiary. A Financial Institution (Trustee) may appoint an individual or a financial company to manage this asset in accordance with the Trust regulations. The Trust Founder (Settlor) may appoint a Supervisor (Protector) to control the Trust’s investment and management activities of this individual or financial company.

Private Foundation

Private Foundation is a type of legal entity created by an individual or a business (collectively referred to as Founder) for personal purposes, not a kind of Charitable Foundation, and has a clear purpose. The assets of the Private Foundation are considered not to be responsible for personal association with the founders' private property. The Founder will designate the Board of Members, which have the right to decide on performing the purposes and objectives of the Fund as stated in the Fund's Operation Charter. The founder can maintain the highest decision-making power in this Fund's operation.

Direct investment with international banks

Direct investment with international banks. International banks in developed countries all have an investment asset management department for individual customers with net assets of USD3,000,000 or more. The bank will assign senior personnel to support securities investment, currency or profit-generating asset for customers. Resident Global represents customers to exchange information about investment products and profits as well as risks, support receiving, explaining, analyzing and transferring investment situation reports, contacting the bank to prepare investment records, income tax reports & declare investment assets in accordance with the laws of the host country & the residing country.