Find Senegalese penpals forum
What is Offshore Investing or Offshore Investment? |
jedi
18-09-2007 07:51
|
When we talk about Offshore investing plan opportunities it is like the savings plans available in many countries, except these plans:
* Are registered in tax havens and are regulated by their Financial Services Authorities.
* Can be used for investing by non-residents of the tax havens.
* Are sometimes more tax efficient than or have other advantages over domestic savings plans.
|
|
|
Re: What is Offshore Investing or Offshore Investment? |
ivan
18-09-2007 07:52
|
Expatriate investment in the savings plans catalogued here and offering offshore investing opprotunities might be appropriate when:
* No local or Home Country tax free regular savings plans are available.
* No local or Home Country tax free lump sum investment plans are available.
* An expatriate is planning to retire to a third country.
If you fit any of these categories of expatriates you should investigate the offshore plans researched by Offshore Boffin and consult your Financial Advisor.
|
|
|
Re: What is Offshore Investing or Offshore Investment? |
gilman
18-09-2007 07:53
|
Yes. People who are not living abroad might find offshore investment attractive in the following circumstances:
* They have more cash available for savings than can be invested tax free in their resident countries' investment plans (perhaps because the amount they can invest each year is capped).
* They may live in countries which do not have domestic tax free savings plans.
* They live in countries which are not suitable long-term investment environments for political or economic reasons.
* They wish to limit the effects of inheritance tac on their estates.
|
|
|
| |
