Hong Kong has been a bastion of international trade and investment since independence in July 1997. Since then, Hong Kong has received ever-growing attention from international investors and businessmen from different parts of the world. Despite numerous setbacks and recessions at the time of the Asian financial crisis as well as the global economic downturn of 2008, Hong Kong has emerged as one of the leading global investment and business hotspots, known for its liberal and low taxation as well as numerous free trade agreements, which Hong Kong is known for makes many entrepreneurs a desirable destination.

Below we provide a detailed overview of Hong Kong's economy and business environment, some opportunities that allow global investors to gain access to the local market, as well as some quite relevant risk factors that must be considered at all times.

Hong Kong and the liberal free market economy
Hong Kong is often described as one of the world's greatest experiments in laissez-faire capitalism, but some new regulations have been introduced since it all began. Despite legal upgrades and recent requirements, Hong Kong is still ranked as one of the freest countries in the world based on the Index of Economic Freedom for every year since 1995 - even before it actually achieved independence. The country is now home to the seventh largest stock exchange in the world, the largest IPO market in the world and one of the densest concentrations of corporate offices and headquarters in Asia Pacific. Even more surprising is the fact that more than 8% of Hong Kong households have net worth greater than $1 million.

Based on the 2012 Wealth Report by Knight Frank Research and Citi Private Bank, Hong Kong will become the second largest economy in the world in terms of GDP per capita by early 2050. Just for comparison, the United States is predicted to be fifth on the list after four largest Asian economies.

Invest in Hong Kong with ETFs
One of the easiest ways for global investors to gain exposure to Hong Kong's securities is through exchange-traded funds, also known as ETFs, which provide quick diversification in a security that's traded on various international stock exchanges.

One of the most widely used Hong Kong ETFs is the iShares MSCI Hong Kong Index Fund (NYSE: EWH) with $2.7 billion in net assets and 43 total holdings.

Some other known ADRs in Hong Kong are:

AIA Group Ltd. (OTC: AAGIY)
Sun Hung Kai Properties Limited (OTC: SUHJY)
Hutchison Whampoa Ltd. (OTC: HUWHY)
Benefits and Risks of Investing in Hong Kong
Hong Kong offers numerous advantages as well as some risks directly related to investments that need to be carefully evaluated and monitored. While Hong Kong clearly represents an attractive business and investment destination, there are several risk factors that could make it a rather risky investment destination during the financial crisis.

The benefits of investing in Hong Kong include:

Leading World Economy. Hong Kong is one of the freest states in terms of economy and taxes and perhaps one of the most important global financial centers.
Proximity to Asian growth. Some of the world's largest developing economies will be located in Asia, giving Hong Kong a strong geographic advantage.
The risks of investing in Hong Kong include:

geopolitical risks. Hong Kong's ties and proximity to China make it a potential subject of geopolitical issues and disputes, given that many business leaders are Chinese.
risk concentration. Hong Kong's economy is heavily dependent on its financial sector, which puts it at great risk during economic recessions.
Things to keep in mind when dealing with Hong Kong:

Hong Kong was a bastion of capitalism in one of the fastest growing regions in the world, making it a coveted number one destination for international businessmen.
The quickest way to get exposure to Hong Kong is through ETFs.
Investors should carefully consider all potential risks associated with Hong Kong before investing capital, particularly geopolitical risks and lack of diversification.

Confidus Solutions list of banks in Germany contains 13 banks.

You have several options for bank account opening in each one of the banks listed below.

Select a bank
DZ Bank
Commerzbank
Credit for Reconstruction
Deutsche Bank
UniCredit Bank
HSBC Bank
Evangelische Bank
Edekabank
HSH Nordbank
ING-DiBa
LIGA Bank
SEB Bank
Bank NORD

The total population of Dominica is 74,308 people. The people of Dominica speak the English language. The linguistic diversity of Dominica is nearly homogeneous according to a fractionation scale, which is 0 for Dominica. The median age is approximately 32.1 years. The life expectancy in Dominica is 75. The female fertility rate in Dominica is 2.1. About 25% of Dominica's population is obese. Ethnic diversity is nearly uniform according to a fractionation scale, which is 0.2003 for Dominica. Details of the language, religion, age, gender distribution, and advancement of the people of Dominica can be found in the sections below, as well as the section on education in the country.

Population
In Dominica, the population density is 96 people per square kilometer (250 per square mile). Based on these statistics, this country is considered sparsely populated. The total population of Dominica is 74,308 people. Dominica has approximately 6,720 foreign immigrants. Immigrants in Dominica make up 0.1 percent of the total number of immigrants worldwide. Immigrants in Dominica make up 8.9 percent of the total number of immigrants worldwide. The ethnic diversity of Dominica is nearly uniform according to an ethnicity-based fractionation scale. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Dominica is 0.2003. This means that the people who live in Dominica come from a narrow group of ethnic groups, all of whom are related to one another. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Read Dominica statistics below for average age and gender distribution in different age groups.

Age
The average age is around 32.1 years. The average age for men is 31.7 and the average age for women is 32.6.

Gender
The sex ratio, or number of males per female (estimated at birth), is 1.05. It can be further broken down into the following categories: sex ratio below 15 - 1.04; sex ratio from 15 to 64 - 1.05; sex ratio over 64 - 0.76; Overall sex ratio - 1.02. The overall sex ratio differs from the sex ratio estimated at birth. This is because some newborns are included in the sex ratio estimated at birth, but die within the first few weeks of life and are not included in the overall sex ratio.

Religion
The majority religion of Dominica is Christianity, whose adherents make up 94.4% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the largest religion in the world with over 2.4 billion followers known as Christians. Christians believe that Jesus is the Son of God and the Savior of mankind, whose coming as Christ or Messiah was prophesied in the Old Testament. In addition to Christianity, there are some followers of folk religions in Dominica. The religious diversity of Dominica is diverse according to a fractionation scale based on the number of religions in Dominica. Index of religious fractionation in Dominica is 0.4628. This score means that within the country there is one major religion and several other minor beliefs.

General development
Dominica is considered a developing country. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Dominica may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries can have a lower life expectancy than citizens