Buenos Aires — Franco Reinson has never been busier, fielding calls and holding meetings in his office in downtown Buenos Aires. The wealth adviser can thank President Alberto Fernandez, who is making rich Argentinians very nervous. 

“They’re afraid that the new government will be aggressive with its tax policies,” said Reinson, the chief accounting officer at Amicorp’s local subsidiary, which specialises in organising and administering trusts that have surged in popularity. Most of the firm’s clients have just one request: help them protect the savings they have stashed overseas...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now