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What are the benefits available to you from the world of offshore savings, investment, finance and banking?
Even in this day and age of enlightenment thanks to the pervasive nature of information dissemination via the internet, some people are still concerned about the legalities and legitimacy of the offshore world of finance and banking. For some reason others simply assume that onshore equates to a ‘safe haven’ for money and offshore equates to a ‘risky tax haven.’
Well, you and I know that that is simply not the case! However, even though it is now clearer to more people that the offshore world holds many potential taxation benefits, there are still questions to be answered about why one should invest offshore and in this article we explore the benefits.
First things first…here’s another myth I wish to dispel – some people say that offshore investments and bank accounts are more lightly regulated than their entity-type-counterparts onshore…now, that’s not necessarily true!
Yes, certain jurisdictions give fund managers, bankers and investors pretty much free rein so that the rewards and risks are potentially far greater – but some jurisdictions are very highly regarded among financial professionals simply because of the incredibly high standards of protection they afford investors and account holders through insurance schemes and government regulation requirements for example:
some people say that offshore investments and bank accounts are more lightly regulated than their entity-type-counterparts onshore…now, that’s not necessarily true!
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