Global Offshore Botswana. Numbered accounts

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The President of Seychelles (offshore jurisdiction in the Indian Ocean), James Michel, said that, thanks to increased investment, economic growth this year will be 7.5%. «Things go well, and we were able to succeed,» he said. «Over the past year, an increase of 5.3%, which is 1.2% more than the previous year. And this year we expect growth of 7.5%. »He also noted that this year's investment in the Seychelles economy amounted to about US $ 100 million grew substantially increase private sector, especially the increased activity of local investors. Michel became president in 2004, following the resignation of his predecessor, who ruled the islands for nearly 30 years. During the summer of last year, he won the presidential election. In its manifesto upon taking office, he called the main purposes of strengthening the international image of the country to attract foreign investment, which in turn will improve the living standards of local people. Other priorities were the development of tourism, expand the network of treaties for the avoidance of double taxation and simplifying the tax system.