WHILE Asian markets will remain lucrative investments this year, diversifying funds in other regions is prudent.
Investors moving residence from Hong Kong to Canada do not have to put all their eggs in one basket and have a wide choice of investment options.
Those emigrating who wanted to minimise loss risk and reap benefits of five-year tax havens would be wise to set up a trust, said Jeffrey Halpern, managing director of Royal Bank of Canada Trust Company.
Placing assets and funds in different markets to secure wealth was as important as investing for growth, he said.
The Royal Bank of Canada, which is 125 years old, has offices in 22 countries and offers a range of investment locations for asset safety and management.
Choosing the right office or region to place assets could be difficult as each jurisdiction had distinct laws and some were better for asset protection, while other jurisdictions offered tax breaks, Mr Halpern said.