We make a living by what we get, We make a lifeby what we give.

Winston Churchill









Articles and opinion

The Spear’s Wealth Insight Forum on 18 May brought together wealth managers, lawyers, private client professionals and industry experts for fascinating speeches and panel discussions on the world of high-net-worth clients.

Rosalyn Breedy, along with Annalise Miccalef of Finance Malta and Jonathan Colclough of New Quadrant Partners, spoke on the panel, ‘A warm welcome: As non-doms in Britain begin to feel the chill, where might they go next and why?’.

Rosalyn argued that London is still a great place for the next generation to create wealth, but if looking elsewhere she wants her clients to be structured in places where there is stability of law and good advisors.

For those reasons, Rosalyn expressed her preference for British dependencies, such as Jersey, Guernsey and the Isle of White, the British Virgin Islands and Mauritius. She also recognised the benefits of Malta due to its service providers being educated and competent, as well as there being regular flights in and out.

Annalise Miccalef also acknowledged the benefits of Malta as the second fastest growing economy in Europe, with a legal system based on English law. She recommended Malta for its residency programmes for investors and for its fiscal incentives for family businesses.

Jonathan Colclough recognised that Malta has an attractive tax regime for residents, but argued that if someone wishes to spend a minimal amount of time there, they will most likely need houses in three other jurisdictions.