Complex Multijurisdictional Wealth Planning for UHNWI

The Client

An ultra-high net worth (UHNW) client residing in the United Arab Emirates (UAE), but who is a British citizen holding a Person of Indian Origin card.

The Challenge

The client held a mortgage and cash holdings and wanted to sell a business in India to increase the cash holdings to purchase a property in London.

Solution

Standard Chartered provided expert investment advice to the client, offering a bespoke solution to meet the wealthy client’s financial requirements by working closely with its team in India and the UAE, adhering to detailed laws and regulations across countries.

Additionally, the bespoke solution provided family succession planning support for the client to safely pass on future wealth to the client’s children.

Results

Through its geographical reach and breadth of expertise, Standard Chartered catered for the client’s diverse needs under complex cross-border conditions.

Standard Chartered in Jersey upholds the Island’s reputation as one of the most developed and well-regulated offshore financial centres in the world through its global footprint and wide range of offshore products and services on offer. This includes banking services, credit, investment opportunities and treasury solutions, underpinned by the support of qualified relationship managers and client advisors.