How To Open Hong Kong Bank Account

[Thomas]

Because both USA and West Europe national economies are "doomed" to fall down in the long run, I'm planning to move to Phili  

Well, if the US and the EU fail, (that's only 40% of the world economy!) I'm not sure it will be much better in the Phils unless you have a fishing pole and your own rice field  :) .  

But this report will be good news for you ... http://business.inquirer.net/116845/peso-rises-as-world-bank-projects-over-6-economic-growth-for-ph.  And the Kroner is very stable against the PHP -- in fact it's gained about 10% in the last year.  So I think you'll do good as long as your wife doesn't take all of your Kroners  :hystery:

Well. I don't believe the US and EU has fallen tomorrow  :)   but in the long run will the difference be much smaller.

 

(Just a few days ago Swedish TV news said the Phillipines had GROWING economy with 7 %, while Sweden adjusted DOWN the prediction from 3 to 2,2 % (still having among the better economies in EUROPE, BUT with a big unemployment in Sweden too (Officialy 8.4 %, but it's higher, because that statistic don't show some groups as e g them who go on study because of missing jobs, although they would prefer start working). I don't know how it is in the Euro crisis countries, I suppose SHRINKING economy allready.)

 

I expect my future retirement pay from Sweden will get significant reduced value, so I better hurry to try to get "retirement pay" by some investment in Phili too  :)      

Yes, future will tell if it will be anything left for me, after wife and family-in-law are done  :)