We want to take a moment to introduce one of our recommended depository partners in the Cayman Islands, Strategic Wealth Preservation (SWP).
Why do we often recommend SWP in the Caymans for depository storage for our clients? A better choice. The Cayman Islands is the fifth largest financial center in the world. The financial industry is Cayman’s lifeblood and, as such, economic freedom is understood by both its government and its people to be essential for mutual prosperity. SWP does not have any wealth-reporting requirements to the Cayman or any foreign governments.
A home away from home. The chances are, if you live in North America, you can reach the Caymans in just a few hours. It is an English-speaking island and shares the same first-class infrastructure and cultural values as we do. They even
accept US dollars.
Personal service is guaranteed. SWP is a boutique firm that caters to your individual investment requirements to create a seamless experience with acquisitions, logistics and storage needs. You are welcome to visit them, and your holdings, on 24-hours’ notice.
Absolutely no risk. When you store your precious metals with SWP, you can do so with complete peace of mind. Your investment is always 100% allocated, segregated and insured, in an offshore investor friendly jurisdiction. Their UL rated Class 3 vault and state-of-the-art facility is second-to-none.
Singular Focus. SWP does not engage in any financial service activities. They do not lease, swap, trade or leverage the metals in their care. In addition, they maintain strict segregation of each client’s metals at all times and they are always fully allocated under the client’s name.
All Things Considered – John’s Commentary:
We have personally visited SWP in the Caymans and were duly impressed. We are increasingly suggesting storage outside of the United States as a strong alternative for our clients. The Cayman Islands are close, even allowing you to take a quick cruise or flight to check on your allocated precious metals.
We have a solid relationship with SWP’s prinicipals and their Managing Director, and as a result have placed a significant amount of metals in their depository for our clients. SWP is now one of our two international depository recommendations that are within close proximity to the United States. Feel free to give me a call if you would like to learn more about storing your metals offshore.