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Because of
nature of society today where litigation is par for
course, many more business professionals are at greater risk of legal action being taken against them, and many more individuals face losing out in acrimonious divorce battles - therefore protecting one’s assets offshore can be a very effective way to ensure long term asset security.
Offshore Investment Opportunities
There are far more potentially high returning investment opportunities available offshore than domestically. Also, as many of
world’s stocks are traded outside your country of residence there could be a significant advantage to trading offshore.
Greater Privacy
Developed countries are increasing
levels of surveillance we are all placed under; as a result many more people grow concerned about their growing lack of personal privacy. By moving business activities and assets offshore this can directly assist with increasing personal privacy and
confidentiality of business and financial transactions.
Of course, it goes without saying that
privacy available will not protect people who are engaged in serious criminal activity.
Estate or Inheritance Tax Planning
We are all at risk of loosing a considerable amount of our estate in income and excise taxes when we die. With carefully structured and well managed offshore solutions such as trusts it is possible for some people to reduce their estate’s liabilities and therefore pass
estate’s assets to their heirs with minimum tax and liability problems.
These are just
five main reasons people seek to exploit
world of offshore opportunities for asset protection purposes; there are many more potential advantages to going offshore but they all depend on an individual’s personal situation and requirements. It is essential to seek professional advice before considering going offshore and this article does not constitute advice in that sense.

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