but how do you get your Gold into Singapore if you already have bought physical Gold ?
I didn't really check, even in the Geneva freeport, they want to know and verify the owner of the items that stored there. there was no mention of UBO tho, just the "owner's identity". So maybe utilizing offshore holding company with a nominee director could satisfy these requirements? but I'm not sure. better to check with the free port though, or ask any of the gold companies that store their gold with them.
I need some terms explained please?
Correct.
Correct. that's one way to do it. They also have an asset transfer service where you can ship gold to and store it with them in le freeport using one of their partners (your bullions will also be insured).
It depends on what you mean by "anonymous" but yeah, you can use simple shelf companies with a nominee director, so you can maintain anonymity to a certain extent.
okay, sounds really really interesting.
Yes they are trusted, I have been using them for quite sometime and I never had any major issue with them. They are the only licenced company that operate in the freeport, plus they are registered and are regulated by the ministry of law in Singapore.
Your gold is insured and covered by Marsh Insurance. Also your bullion doesn't appear in their balance sheet, so no other party can claim your bullion if the company goes bust, you are the legal owner of the bullion, so you can just go to the freeport and take your precious metals back.
I think you misunderstood me. Of course there are other vaults, but these vaults are vaults for other logistics/storage companies or HNW individuals.
https://www.msn.com/en-us/money/mar...of-ukraine-continues/ar-AAV6ybi?ocid=msedgntp
is this something anyone has tried?
Not bad, something to consider should one have Gold under their pillow.
