London is the global benchmark for gold pricing, but loco-London accounts are unallocated — you own a bank liability. LCORE delivers true allocated custody in Abu Dhabi under English Common Law.
Request ConsultationLondon is an important gold market hub. Abu Dhabi (ADGM) adds a complementary position: neutral UAE jurisdiction outside Western sanctions, English Common Law enforcement, pre-customs vault with zero import/export duty, and access to LCORE's DVP settlement infrastructure and Storage Programme.
Gold is moved from London to Abu Dhabi via direct air connection (where available) or standard bullion logistics (Brinks, Malca-Amit). LCORE issues a Warehouse Receipt on arrival. Your gold is allocated, insured, and governed by English Law from day one.
UAE has not joined the Western sanctions regime. FATF-clean since February 2024. Your gold in Abu Dhabi is outside the reach of EU/UK/US asset freeze orders.
No capital gains tax. No wealth tax. No VAT on investment-grade gold. No import duty in pre-customs zone. The most tax-efficient gold storage jurisdiction in the world.
LCORE provides DVP commodity settlement infrastructure from its Abu Dhabi vault -- enabling London-based trading houses to settle transactions without USD clearing.
Confidential consultation. Minimum $5M. ADGM-licensed vault. English Law.