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Offshore Investments
The media is usually condemning the idea of putting money in an account in a bank located in a country where the tax rate is next to nothing. It is true that there might always be instances of obscure offshore deals, however, fact is that the vast majority of offshore investing is perfectly legal. Companies or trusts can be set up in offshore locations for legitimate uses such as business finance, mergers and acquisitions and estate or tax planning, according to the global money laundering watchdog, the Financial Action Task Force.
We use modern and well-regulated offshore centers worldwide allowing investors to take advantage of higher rates of return or lower rates of tax on that return offered by operating via such domiciles. The advantage to offshore investment is that such operations are both legal and less costly than those usually offered in the investor's home country - or "onshore".
Through an offshore bank account (outside the country of residence) investors can typically benefit from financial and legal advantages to protect their investments against any political or financial instability. Clients can access a diverse range of investment products that might not be available in their country of residence.
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