INTERNATIONAL STORAGE ALTERNATIVES TO THE CAYMAN ISLANDS
We've got some exciting news to share
Great news! As of 2023 we have added a new international storage option in Hong Kong offering even more convenience than was available in Cayman Islands. And although we are no longer offering Cayman Island based storage, our usual storage location choices in the United States and Canada and now Hong Kong, will continue to provide exceptional convenience and security for you. These storage facilities are widely used by bullion banks and metals wholesalers worldwide, which means there is a high level of liquidity making it easy to buy and sell your metals in these locations. Stay tuned for updates on more new international locations in the near future as we make them available.
For those who have metals stored in the Cayman Islands, there is no cause to believe that your gold and silver is at risk. One of the reasons why we decided to stop using the Cayman Islands as a storage location is that they recently imposed an import tax on gold, which makes buying it for storage there no longer a viable option. Instead, we are proud to offer storage options that are even better from the perspective of both liquidity and convenience.
A better choice
To keep your gold and other precious metals safe, there's no better option than a professionally managed vault.
Here's why:
- Security: Storing your gold in a secure, third-party facility adds an extra layer of protection against theft or loss.
- Convenience: Storing your gold in a professional storage facility is more convenient than storing it at home, as it eliminates the need to find a secure place to keep it and ensures that it is properly insured.
- Professional handling: Professional storage facilities like the ones we use have experienced staff and advanced security systems to handle and store valuable assets, providing top-notch protection for your metals.
- Easier to sell: If you decide to sell your gold at a later date, it's easier to do so if it's stored in a professional storage facility. Professional storage facilities often have processes in place to facilitate the sale of gold and other precious metals.
STORING YOUR GOLD INTERNATIONALLY CAN OFFER A NUMBER OF POTENTIAL BENEFITS:
Hong Kong
- Diversification: Putting your gold in a different country can help to spread out your portfolio and potentially lower the risks of holding all your assets in one place.
- Political and economic stability: Some countries may be seen as having more stable political and economic situations, which could make them a good choice for storing your gold.
- Legal protection: Some countries may have laws or regulations that offer extra legal protection for assets stored there.
Please provide us with your contact details and any additional information regarding your storage needs. We will contact you within one business day. Otherwise, contact our helpful sales associates by phone or email, at 1 877 775-4826 (US and Canada), 1 514 313-9999 (Worldwide), or info@kitco.com.
