India is the world's second-largest gold consumer, and Mumbai is its financial capital. LCORE bridges Mumbai's bullion traders to Abu Dhabi's ADGM framework with allocated, insured gold custody.
Request ConsultationMumbai 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 Mumbai 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 Mumbai-based trading houses to settle transactions without USD clearing.
Confidential consultation. Minimum $5M. ADGM-licensed vault. English Law.