Oracle Capital Group

Should you wish to get in touch,
please email us info@orcap.co.uk
or call +44 (0) 207 725 6900
Oracle Capital Group Review
November 2014

Dear Reader

This edition will present all new achievements within the company, provide you with the recent changes of investor visa rules, show you how the government has imposed strict controls on the tax policy, discuss the importance of education and family business, and more.

  1. UK Tightens Investor Visa Rules (with expert comments)
  2. Billionaires Boost UK Jet Sales
  3. Ways to keep your savings under protracted stagnation scenario
  4. UK Tax Authority Ensures HNWIs Pay Their Bills
  5. Education: A Key to Wealth
  6. UHNWIs: The Next Generation
  7. Why Top UK Schools Are So Attractive
  8. Russian art: miracles can happen
LATEST NEWS

UK TIGHTENS INVESTOR VISA RULES (WITH EXPERT COMMENTS)

By Yuliya Andresyuk, Head of Legal Services, Alexander Lapidus, Legal Manager to Oracle Capital Group, and Sergey Bulatov, Global Head of HR at Oracle Capital Group

Few political questions excite the British public more at present then those around immigration. Much of the support for the UK Independence Party, which won its first seat in Parliament recently, is because of its uncompromising stance on immigration.

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BILLIONAIRES BOOST UK JET SALES

By Nataliya Makhonina-Byrdan, Head of Business Development in the UK

The increase in the number of billionaires living in the United Kingdom has been reflected in the number of private jets being bought and being registered in the country. This follows on from the news last month that more billionaires now live in Europe than on any other continent (see Europe is Home of Choice for Billionaires)

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WAYS TO KEEP YOUR SAVINGS
UNDER PROTRACTED STAGNATION SCENARIO

By Alexander Varyushkin, Partner, Head of Asset Management

The strengthening of the US dollar has been the most prominent financial market trend of the last three months. Its prominence is due to the fact that the speed of the dollar surge over the last three months has been approximately on a par with the speed of the US currency’s rise in the acute stage of the Greece crisis of 2011 (Anyone recalls what was on the agenda back in 2011? – It was the time when many observers discussed in all seriousness the possibility of the Eurozone breaking up).

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UK TAX AUTHORITY ENSURES HNWIS PAY THEIR BILLS

By Rosie Chalmers, ACCA, Head of Finance

The UK tax authority, Her Majesty’s Revenue and Customs, or HMRC, has set out in a new guide its relationship with High Net Worth Individuals (HNWIs) and how it makes sure that they pay their tax bills.

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EDUCATION: A KEY TO WEALTH

By Nataliya Makhonina-Byrdan, Head of Business Development in the UK

The classic rags-to-riches story of the wealthy man has him starting out with a barrow at his local market place and then coming up with a brilliant idea which sees his business take off to the point where he becomes rich and then very rich. It does happen – occasionally. But as the Wealth-X and UBS Billionaire Census shows, more often than not the ultra-wealthy received part of their start in life thanks to a university education.

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UHNWIS: THE NEXT GENERATION

By Svetlana Ryabokon, Head of Wealth Structuring and Fiduciary Services

Many younger children of wealthy parents put great store by traditional values such as the family; they have a sense of responsibility for the wealth they will inherit; and they value education and the work ethic. These are the findings of a survey carried out by Morgan Stanley Private Wealth Management and Campden Wealth of 87 ultra-high net worth individuals under the age of 40, who come from families with a minimum wealth of $25 million.

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WHY TOP UK SCHOOLS ARE SO ATTRACTIVE

By John Bird, Head of Concierge Services

The Annual Meeting of the Headmasters’ and Headmistresses’ Conference (HMC) takes place from 29 September to 2 October 2014. The HMC encompasses 260 of the leading independent schools in Britain, and a further 63 schools internationally, mainly in countries of the British Commonwealth.

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RUSSIAN ART: MIRACLES CAN HAPPEN

By James Butterwick, Art advisor at Oracle Capital Group

In the mid to late 1980’s the demand for Russian Art was nothing like its present levels. A cursory look back at old Sotheby’s catalogues reveal prices that are the regret of every dealer and collector. Paintings by Aivasovsky, probably the most famous artist of the time, estimated at between £12-18,000 would fetch at least 100 times that today. No-one working on the market at the time could predict the monumental changes that began in the early 1990’s.

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About Oracle Capital Group

Founded in 2002 and headquartered in Luxembourg, Oracle Capital Group provides comprehensive, tailored and confidential services for high-net-worth individuals and their families, including investment advisory (through the offices in Switzerland and the Bahamas), wealth structuring and asset protection, asset financing and insurance, legal case management, property development, and concierge services. Oracle Capital Group has 7 offices (London, Luxembourg, Geneva, Nassau, Moscow, Almaty and Limassol) and employs over 100 staff worldwide.
www.orcap.co.uk

Should you wish to get in touch, please email us info@orcap.co.uk or call +44 (0) 207 725 6900

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