USD/AED A Stable Currency To Hold

[hhiusa]

The AED never seems to fluctuate, appearing to stay at 3.6730 AED/USD.
moreover, they have great onshore and offshore corporate tax schemes.

 

[Jack o'Clubs]

That's because it's pegged to the dollar. So you might as well just own the dollar.

What's your obsession with corporate tax rates by the way?

 

[hhiusa]

Owning one currency is not a good idea. Plus it is more about security. Have a JAFZA in the UAE without worrying about currency fluctuations. Multi currency accounts are the way to be. The Chf is also pretty stable but a Swiss SA requires 100,000 CHF - a high price for security. Zürch Kontanalbank. It makes sense to use corporations as investment vehicles