About Pygg

pygg is a boutique investment firm that helps companies and individuals reach their financial goals by offering specialized and personalized wealth management, investment banking, and corporate services.  

the origin of the word 'pygg'

Dating back to the middle-ages ’pygg’ is an old english word used to describe a dense orange clay that was found in Western Europe and utilized to make earthenware containers, dishes, cookware, cups and jars. Pygg jars were used to store a variety of items including coins.  

The Anglo-Saxon language evolved and the clay ”pygg” and the animal “pigge” came to be pronounced the same. In the 19th century English potters received requests for pygg banks and started producing banks shaped like pigs. Pygg clay origins were forgotten and the meaning of “pig” shifted to that of the animal and pygg jars became known as pygg banks. 

Werecognize and identify with the power and evolution of pygg and the enduring icon of the piggy bank which symbolizes financial literacy, overall good fortune, wealth, honesty, and general prosperity.  

Western Europeans were not the only ones making piggy banks. The first terracotta banks shaped like a pig were made in Java as far back as the 14th century with a slot on top for depositing coins. They had to be smashed to gain access to the coins. Unbroken Javanese piggy banks are extremely rare and valuable collector’s items. 

Today piggy banks have become an enduring icon for financial literacy and a tool to teach children about the importance of saving money. The power of this symbol is so engrained in our culture that it now transcends physical coins. 

why deal with pygg?

We offer a wide range of sophisticated tailor-made business solutions for multi-nationals, domestic and foreign advisors, institutional investors and high net worth individuals and their families.  

With our technological resources and more than 100 years of combined expertise, we are able to meet all of our client’s complex as well as straight-forward business operations and short- and long-term financial goals 

Our clients feel confident that they are making objective, accurate and informed choices. 

history of our firm

pygg is headquartered in the Unesco world heritage city of  Willemstad, Curaçao and was initially established in 2016 as a fiduciary service provider specializing in company formation including statutory, legal and fiscal compliance for Curaçao companies.   

In 2019 weexpanded our services to include wealth management, corporate finance, investment banking and securities listing advisory services operating under licenses subject to regulatory compliance and supervision from the central bank of Curaçao and St. Maarten.  

Our mission faithfully adheres to our core principles of:  delivering exceptional sophisticated tailor-made services, acting with integrity and responsibility, and supporting the continued growth of our clients and employees.  

As such we operate under the following key business principles:

  • Curious people make better choices. We like to know our clients.  Our advisors take their time to ask questions and to learn and listen to improve engagement and collaboration and to gain a mutual understanding of our clients’ current and future financial goals and expectations. 
  • We aim to avoid complacency. Complacency is an intrinsic flaw that can prevent reaching beyond the status quo to achieve exceptional successes.  We avoid complacency and continuously strive to find better ways for our clients to reach their financial goals.  
  • Our clients’ best interests always come first. Our clients’ best interests duty and obligations ensure our clients receive advice that meets their financial objectives based on their financial situation and their ideal financial destination.  We believe if  we provide our clients with exceptional service, then our own success will naturally follow.  
why curaçao?

Curaçao is part of the Kingdom of the Netherlands situated in the Southern Caribbean Sea and is the largest of the six islands in the Caribbean. The Dutch monarch is the head of state and the Netherlands is responsible for foreign affairs and defense. The citizens of Curaçao are Dutch nationals. 

Curaçao controls and manages its own internal affairs as an autonomous country. The prime minister acts as the head of the government. There is a parliamentary democracy with an independent legal system primarily based on Dutch civil law with the underlying premises of freedom of association, right to form political parties, freedom of the press and freedom of speech. 

Judges are appointed by the Dutch King and serve the district court and the joint court of appeals, which hears civil and criminal cases. The charter for the Kingdom of the Netherlands forms the basis for the possibility to appeal to the supreme court in the Netherlands. 

Due to its strategic geographical location between the United States and South America and its unique position within the Kingdom of the Netherlands, Curaçao is able to benefit from strong business ties within these regions and has preferential access to both the US and EU markets through the US Caribbean Basin initiative and the European Union-Overseas Countries and Territories Agreement. Curaçao has concluded a tax information exchange agreement with the US government and has adopted the IRS foreign account tax compliance act. 

The central bank of Curaçao and St. Maarten was established in 1828 and is responsible for control and regulation of the banking and insurance business and trust service providers. The supervision is executed in close cooperation with the Dutch central bank. 

Curaçao is fully compliant with the Organization for Economic Co-operation and Development (OECD), the Financial Action Task Force (‘FATF’) and the European Commission making it an attractive “white” listed jurisdiction that has implemented internationally agreed tax standards. 

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