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Building Wealth in Th E Caribbean

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Building Wealth in Th E Caribbean B UILDING WEALTH I N T HE C ARIBBEAN With its tropical climate and easy access, the Caribbean CIBC Bank and Trust Company (Cayman) Ltd. has been has long been a preferred destination for tourists from active in the Cayman Islands since 1967, and is a leading around the world. For international investors, the offshore financial services provider. A subsidiary of financial climates of the Cayman Islands and Canadian Imperial Bank of Commerce (CIBC), we employ The Bahamas are equally favourable and often exceed a seasoned team of highly qualified personnel to provide business standards at internationally accepted levels. trust and corporate services to individuals, corporations and international financial intermediaries. In addition, these countries are well-developed economically, with advanced legislation, excellent T HE B AHAMAS communication systems, long histories of stability The Commonwealth of The Bahamas, one of the largest and a strong professional infrastructure of lawyers, financial centres in the world, is directly accessible from a accountants, trust professionals and international number of major cities. It shares the same time zone as bankers. New York, Toronto and Miami, making it especially convenient for international investors and businesses C AYMAN I SLANDS operating out of those North American business centres. The Cayman Islands are situated in the Western Caribbean, about 60 minutes by air from Miami. A One of the jurisdiction’s most notable attributes is the number of major cities offer direct flights to the capital complete absence of income tax. Capital gains and city of George Town on Grand Cayman. The jurisdiction estates are equally free from taxation, making is a British Overseas Territory with a stable parliamentary The Bahamas an attractive place to conduct business. government, presenting a reliable and safe place for your The Bahamian government has shown itself to be business and investment. The currency is the Cayman committed to meeting the evolving needs of the Islands dollar, which is pegged to the U.S. dollar. international business community. The Cayman Islands have a well-earned reputation as CIBC has been active in The Bahamas since 1957. Today, one of the world’s foremost offshore financial centres CIBC Trust Company (Bahamas) Limited employs an based on principles of common law. The Cayman Islands experienced team of professionals and offers a have an extremely well-developed and regulated comprehensive range of services including trust and financial infrastructure — legal and accounting firms, company administration, third-party fund administration banks, trust companies and a stock exchange. There are services and a full range of discretionary investment no taxes on personal or corporate income, capital gains, services. The local currency is the Bahamian dollar, which inheritances or gifts. is fixed at par to the U.S. dollar. CIBC PRIVATE W EALTH M ANAGEMENT For more information, visit www.cibc-global.com or contact one of the following offices: Cayman Islands: Facsimile: (345) 949-0626 Business Development Manager The Bahamas: CIBC Bank and Trust Company (Cayman) Limited Business Development Manager CIBC Financial Centre, 11 Dr. Roy’s Drive CIBC Trust Company (Bahamas) Limited P.O. Box 694 Goodman’s Bay Corporate Centre, West Bay Street Grand Cayman, KY1-1107 P.O. Box N. 3933 Cayman Islands Nassau, Bahamas Telephone: (345) 949-8666 Telephone: (242) 356-1800 Facsimile: (345) 949-0626 Facsimile: (242) 322-3692 CIBC Private Wealth Management is a registered trademark of CIBC and consists of services provided by CIBC and its subsidiaries. CIBC and its subsidiaries provide services in those jurisdictions in which CIBC or the particular subsidiary is licensed or permitted to conduct business. CIBC Private Wealth Management subsidiaries outside of Canada and the United States are not licensed to provide trust, investment advisory, loan or brokerage services in Canada or the United States. In addition to such advice as customers may take in the jurisdiction of the CIBC company with which they are dealing, customers who have connections with other jurisdictions through factors such as residence, domicile, location of permanent establishment or citizenship, should seek experienced legal, financial and/or tax advice as to the consequences in those jurisdictions of utilizing the services described in this material. CIBC Bank and Trust Company (Cayman) Limited is a member of The Cayman Islands Stock Exchange and is regulated in the conduct of its Securities Investment Business by The Cayman Islands Monetary Authority. This communication does not constitute any offer or solicitation to residents of the U.S. or the U.K. or any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful Cert no. SW-COC-002047 to make such an offer or solicitation. Prospective investors not resident in Canada should consult with their advisors to determine if these products and services may lawfully be sold in their jurisdiction. 12/10 CIBC PRIVATE W EALTH M ANAGEMENT.
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