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2) By placing money or assets offshore an individual can potentially protect their financial assets from domestic personal or business litigation.
3) The offshore world sometimes offers individuals a way to reduce or negate inheritance/death/estate tax that will become liable to be paid on their estate in
future. Certain offshore structures such as trusts can sometimes help in struggle to legally avoid death duty.
4) Many offshore jurisdictions offer greater levels of personal privacy and also security which means a person’s private or business transactions are dealt with confidentially and securely.
5) As offshore jurisdictions are less restricted by reporting requirements etc., people with a high risk tolerance who invest offshore often have access to more exciting and potentially better potential returning investment vehicles. 6) Domestic savings and investment policies are restrictive for some people; by investing offshore these people have access to global investment market place which opens up many more opportunities to them.
7) Some offshore savings vehicles pay higher levels of interest than an individual could gain domestically. Because offshore world is so flexible and open and offers such a wealth of diverse opportunity for saving, investing and protecting isn’t it time you seriously examined options available to you?
Rhiannon Williamson publishesShelterOffshore.com for offshore & international investors Readers of ShelterOffshore benefit from the site’s alliance with deVere and Partners offshore financial advisory. Visit the deVere and Partners page to find out more
