Tag Archives: New Zealand

Nomad Capitalist’s 5 Best Countries For Offshore Gold Storage

Research related to Monday’s post about precious metals storage in Singapore led me to a piece published last fall by Andrew Henderson over on the Nomad Capitalist website. I’ve mentioned Andrew and his company before on the blog, but for those readers not familiar with them, Henderson is the founder and managing partner of Hong Kong-headquartered Nomad Capitalist, billed as the “world’s leading offshore consulting firm.”

Back on September 28, 2016, Henderson wrote in “The five best countries for offshore gold storage”:

The world is a big place and not every country is made alike, especially when it comes to offshore gold storage. The following are our top picks here at Nomad Capitalist for best countries for offshore gold storage

(Editor’s note: Bold added for emphasis)

Their top picks? In alphabetical order:

-Austria
-Cayman Islands
-New Zealand
-Singapore
-Switzerland

Henderson proceeded to explain why these countries made the “top 5” for offshore gold storage before ultimately selecting a single nation for the “number one spot on this list.”

Another insightful read from Andrew Henderson, which you can view in its entirety here on the Nomad Capitalist website.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s notes: The mention of entities marketing themselves as consulting businesses should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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List Of Offshore Private Vaults Updated

Updates have recently been performed on the list of private, non-bank vaults outside the United States (offering safe deposit boxes/lockers at a minimum) located on this blog’s sister site- Offshore Private Vaults.

Safe deposit facilities now open for business have been added under the following countries:

-Germany (pro aurum, Bad Homburg)
-Hong Kong (UltraVault by Malca-Amit)
-India (Navkettan Lockers, Mumbai)
-Japan (UltraVault by Malca-Amit, Kobe and Tokyo)
-Liechtenstein (Swiss Gold Safe (Liechtenstein) AG, Triesen)
-Malaysia (Titanium Safe Deposit Box, Tawau in Sabah)
-Netherlands (DNK, Maasdijk)
-New Zealand (Imperial Vaults, Mount Roskill- Auckland suburb)
-Singapore (Malca-Amit, Central Business District; UltraVault by Malca-Amit)
-United Kingdom (Luton Safe Deposit Centre, Luton, England; Newcastle Vaults, Newcastle upon Tyne, England)
-Uruguay (Cambio Europa S.A., Montevideo- formerly Europa Servicios)

Know of any I may have missed? Please let me know.

Readers can view the updated list of offshore private vaults here.

Christopher E. Hill
Editor

2/6/17 UPDATE: Imperial Vaults in New Zealand and Luton Safe Deposit Centre in the United Kingdom were added to the above list after this post was originally published

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Consider Country Corruption Perceptions When Selecting Location For Offshore Safe Deposit Box

Over the last year I’ve provided blog readers with some potential resources for determining where to open an overseas safe deposit box.

On February 29, 2016, I pointed out Mercer’s 18th annual Quality of Living Survey.

On March 7, 2016, I identified HSBC Bank’s 8th annual Expat Explorer Survey.

This morning, I’m going to talk about another possible resource with Transparency International’s Corruption Perceptions Index for 2016. From the Facebook page for the Berlin-based international non-governmental organization:

Transparency International (TI) is the global civil society organisation leading the fight against corruption. TI challenges the inevitability of corruption, and offers hope to its victims…

Our best-known tool is the annual Corruption Perceptions Index (CPI), which measures the perceived level of public-sector corruption around the world…

(Editor’s note: Bold added for emphasis)

And from a January 25 press release regarding the 2016 edition of the CPI:

69 per cent of the 176 countries on the Corruption Perceptions Index 2016 scored below 50, on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be very clean), exposing how massive and pervasive public sector corruption is around the world. This year more countries declined in the index than improved, showing the need for urgent action…

Denmark and New Zealand perform best with scores of 90, closely followed by Finland (89) and Sweden (88). Although no country is free of corruption, the countries at the top share characteristics of open government, press freedom, civil liberties and independent judicial systems…

(Editor’s note: Bold added for emphasis)

Rounding out the “top ten” were:

5. Switzerland
6. Norway
7. Singapore
8. Netherlands
9. Canada
10. 3-way-tie between Germany, Luxembourg, and the United Kingdom

The United States came in at number 18, falling from 16th place a year earlier.

You can view 2016’s Corruption Perceptions Index here on Transparency International’s website.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on information found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Prosperity Index: ‘Happiest, Richest, Healthiest And Safest Countries In The World’

Back in February and March I blogged about potential resources for selecting a location for opening an offshore safe deposit box.

Here’s another one that I learned about earlier this week via the website of The Sun (UK). From the newspaper:

EVERY year, the global Prosperity Index ranks countries based on how wealthy, healthy and happy they are.

The Legatum Institute, a London-based think tank, is responsible for the rankings, which are based on how well each nation does in 89 separate categories.

These variables include economic measures, as well as scores based on the number of secure internet servers a country has and how well rested people feel on a day-to-day basis.

The Prosperity Index essentially aims to rank how well each country is doing all round, looking at the 142 nations with the most available data…

According to the Institute’s latest edition of the Index, the “Top 10 overall rankings 2015” are as followed:

1. Norway
2. Switzerland
3. Denmark
4. New Zealand
5. Sweden
6. Canada
7. Australia
8. Netherlands
9. Finland
10. Ireland

The United States finished out of the top ten in 11th place.

Head on over to Legatum Institute’s website here to learn more about the 2015 edition of the Prosperity Index and view all the rankings.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on information found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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The Sovereign Investor Daily Spotlights New Zealand Vault

One website I mention from time to time on this blog is The Sovereign Investor Daily, produced by The Sovereign Society, a Florida-based boutique investment research firm “with a worldwide membership of people who value their financial freedom, personal privacy and affluence.” Last Thursday, a recent interview of John Mulvey, CEO and owner of New Zealand Vault, was published on the site. For those not familiar with the private vault, from their “About New Zealand Vault” web page:

New Zealand Vault has been providing New Zealanders peace of mind since 1931. New Zealand Vault is an independently owned company which runs safety deposit vaults located in Auckland and Wellington, New Zealand. We are independent of the banking system and government. New Zealand Vault is a continuation of the vault business first established by New Zealand Insurance. Our Vaults have been built to Treasury Grade standards and in addition they have multi-level electronic security systems making them the most secure in the country.

Regular readers of Offshore Safe Deposit Boxes may recall New Zealand Vault was named an “honorable mention” for the “World’s Best Offshore Private Vault Videos” in 2014.


Latest New Zealand Vault promotional video
YouTube Video

But back to the interview. Jocelynn Smith, the Senior Managing Editor over at The Sovereign Investor Daily, sat down with New Zealand Vault’s Mulvey, who “graciously agreed to explain how New Zealand Vault can help protect and diversify your assets.” Their exchange centered on “Safe Storage for Your Physical Assets” and “Growing Your Bullion Collection.” An interesting discussion, which you can read here on The Sovereign Investor Daily website. And for more information about New Zealand Vault, head on over to their site here.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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