Macau has a strong infrastructure and a free port without exchange controls.
Situated at the east of the Pearl River Delta, Macau was governed by Portugal until 1999 when its sovereignty was transferred to China and became a Special Administrative Region. As a result, the region is heavily influenced by both cultures and its official languages are Portuguese and Chinese. Macau has a high level of autonomy since, and like Hong Kong, it is governed under the ‘one country, two systems’ policy. It has a strong infrastructure and a free port without exchange controls, so funds can flow in and out freely. This contributes to a highly attractive business environment for investors.
26 April 2019
Hong Kong has overtaken the UK to become the world’s most important international finance centre (IFC) in the latest Vistra 2020 report. But with Singapore hot on its heels, is that set to change? Joe Cheung, Managing Director and Co-Head of Greater China at Vistra expressed his…
24 April 2019