Our advice to clients, however, enables them to retain the most control and security over their investment. It’s quite simple.
Our clients open an account with an Australian bank in their own name, deposit the money for a fixed-term with good interest returns, and wait for the completion date of their property project.
The advantages are twofold: 1) the process has been streamlined and the funds are in their own account, giving great peace of mind and personal security, also 2) the client makes a healthy increase on the capital as it acquires interest, thus ensuring the funds are working for them at the same time as acting as a deposit.
When it comes to investment, we all want to retain as much control as we can. It’s human nature to look after that for which we have worked hard for. And this way fulfills the financial criteria of a deposit while still being under the clients own care.
With Australian banks located throughout every major city in Asia it is now easy for every investor to use this much easier and more financially beneficial way of holding their own deposit. Every time I’m on my travels I see another branch of one of the big four Aussie banks opening up. Not surprising really considering their total market value is equal to that of the UK’s biggest banks plus bNP Paribas, Deutsche bank and Goldman Sachs all combined.