Bali Could Become Asia’s New Financial Hub
Bloomberg reports that the Indonesian authorities plan to create a tax zone on Bali for international banks and investment funds — following the examples of Dubai and Singapore.
The idea has been endorsed by Bridgewater Capital founder Ray Dalio, and the government is expected to submit the draft law before the end of the year. Looks like the two new superyacht marinas on the island are being built for a reason.
