The Cook Islands is a group of islands in the South Pacific Ocean approximately south west of Tahiti and due south of Hawaii and runs of the same time zone as Hawaii. Its geographic location allows the Cook Islands to have strategic advantage in dealing with both the Asian and US markets.
With a British common law tradition and English as one of two primary languages, the Cook Islands has an active offshore banking sector. The confidentiality laws of the Cook Islands prohibit the disclosure of trust and banking relationships except with the consent of the customer, ensuring that no creditor or foreign government can gain access to bank or trust information except in cases of preventing money laundering or averting the financing of terrorism.
The Cook Islands was the first country to enact an explicit asset protection law, implementing particular provisions in 1989 to its International Trusts Act. Several of these changes have been adopted in one form or another in several other countries and a handful of U.S. states.
The Cook Islands is a self governing country joined in free association with New Zealand. While the Cook Islands has its own government and court system, it uses the New Zealand dollar as its functional currency, and its citizens carry New Zealand passports.
The Cook Islands is a tropical paradise with a temperate climate. Tourism is the number 1 business in the Cook Islands so why not combine a vacation with a visit to the offices of Capital Security Bank.
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