Tax Efficiencies: While this isn’t the main reason for investing offshore, quite often by structuring your investment portfolio and transactions offshore the capital gains and income tax otherwise payable can be substantially reduced. It is important to weigh up the costs and benefits of this strategy, compared to an onshore investment portfolio.
Diversification of Your Investments: Typically, by investing via an offshore platform there are many more options available to invest in which can include index funds, exchange traded funds, hedge funds, equity funds, direct equities and other asset classes.
Protection of Your Assets: By utilising trust structures and appropriate planning you can protect your assets by transferring ownership offshore. For example, assets held by an individual could be transferred to an offshore entity that will hold the assets. This could be a beneficial strategy in the event under the right circumstances.
Consolidation of Global Assets: In most cases, the offshore platform will allow you to house your international assets within one portfolio. This saves on time, makes valuation much simpler and avoids lengthy probate procedures at that point in time. It also allows your worldwide investments to be valued in a base currency to give you a clear picture of your current financial standing.