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Why You Should Consider SWP for True Offshore Precious Metals Storage

Strategic Wealth Preservation (SWP)
Posted Sep 11, 2024

Storing precious metals in an offshore jurisdiction like the Cayman Islands offers an extra layer of diversification, helping to spread geopolitical and jurisdictional risks. This approach protects your assets from economic or political instability in any one country. For U.S. and Canadian investors, the Cayman Islands present several advantages, including political and economic stability, proximity to North America, a robust infrastructure, and easy access via major international airlines like British Airways, American Airlines, and Delta.

The Cayman Islands also provide strong privacy protections, thanks to strict financial privacy laws that ensure a high degree of confidentiality for investors. At the same time, the jurisdiction meets all of the Financial Action Task Force’s (FATF) rigorous standards and requirements, offering both security and compliance.

It’s no surprise, then, that Strategic Wealth Preservation (SWP) has chosen to establish its headquarters in the Cayman Islands. Since welcoming its first client in 2015, SWP has delivered exceptional services in the storage and acquisition of precious metals. The company takes full advantage of the Cayman Islands' tax-neutral status, which means no wealth reporting obligations or import taxes on precious metals. Additionally, there is no sales tax on storage fees, and the jurisdiction imposes no income or capital gains taxes, making it an attractive option for investors worldwide. Currently, SWP manages over $1 billion in assets, serving both novice investors and large managed funds.

In 2023, SWP opened a cutting-edge 6,000 sq. ft. facility in Grand Cayman. This state-of-the-art facility houses two impenetrable Class III vaults and boasts a security system that far exceeds industry standards. Clients benefit from segregated, allocated, and insured storage, ensuring that their gold and silver holdings remain separate and secure at all times. With just 48 hours' notice, clients can personally inspect their holdings, with a focus on privacy and personalized service. The facility also features a bespoke viewing area where clients can review their holdings and explore other investment products, including high-quality gold, silver, palladium, and platinum bullion from reputable sources like the United States Mint, Royal Canadian Mint, Perth Mint, The Royal Mint, and PAMP Suisse.

SWP’s services extend beyond secure storage. The company has a dedicated logistics team that facilitates the global transportation of valuable assets. SWP’s comprehensive approach to precious metals investing includes fully insured deliveries to the island, both online and in-person transactions, storage for self-directed IRAs, cryptocurrency settlements, and personalized loans against metal holdings.

SWP is one of only three precious metals storage providers approved for membership by the London Bullion Market Association. The company is also a proud member of the Singapore Bullion Market Association, the International Precious Metals Institute, and the Industry Council for Tangible Assets.

Contact: rb@swpcayman.com for more information.

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Strategic Wealth Preservation (SWP)
Linford Pierson Highway, George Town 
Tel: (345) 936 1131 or 1 (888) 445 1977
email:
info@swpcayman.com
website: www.swpcayman.com

Strategic Wealth Preservation (SWP) is an international precious metals dealer and secure storage provider headquartered in the Cayman Islands. The company owns and operates a large, Class III UL rated vault in Grand Cayman and offers other strategic locations as part of its global storage network.

321gold Ltd