Supports company's long-term expansion plans
Expansion in the Middle East - that was the goal achieved by one Manx-based trust and corporate service provider.
The Douglas-headquartered Boston Multi Family Office announced the opening of an office in the Dubai International Finance Centre (DIFC).
It's part of the group's long-term strategy - which offers ultra high-net-worth individuals from the Isle of Man and Malta with a range of services.
The new DIFC entity is one of very few global providers to incorporate DIFC Special Purpose Companies; or, vehicles for international investments, corporate financing, the creation of family office structures, due to its flexibility.
Group director, Katherine Ellis, says its presence in the Middle East will see the company grow comfortably in a 'rapidly developing market'.
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