Customers keep asking me what to do as far as unrest on the eastern border is concerned. Due to the war threat in Ukraine the emotions are at their peak, and the questions are surprising. While some customers ask whether to buy gold, others wonder if they should sell precious metals and place the funds in Switzerland (and then move there). As for the issue of moving to another country, for example to Spain or another place in Europe, I recommend that you read our text about changing the tax residence. To the hot-headed ones thinking about buying dollars, for example, I suggest to cool down, open a bottle of wine and take a look at how the situation on the investment markets has been developing over the last 20 years.

The geopolitical unrest (particularly the situation in Poland) that has accompanied our lives in recent years has only strengthened during the Covid pandemic. The sluggishness and ineffectiveness of the courts, the inevitable and unchanging fiscal policies are the most common arguments for change of residence given by our clients. Today, entrepreneurs are looking for alternative solutions and inevitably reorganise their assets and companies with a view to rationalise costs and safeguard their business from geopolitical upheaval.

Indeed, in the last eighteen months we’ve had both a crisis as well as an economic boom. Like never before, entrepreneurs are now even more open to taking risks and embarking upon new challenges. More and more entrepreneurs set up new businesses, often deciding on scaling them up internationally. Of course the aim is to take advantage of the current global trends and developments, and sometimes even taking part in technological races.