A recent survey by Halifax International reveals that over 60% of expats have seen the value of their investments and savings pots fall over the past year to eighteen months – which is really unsurprising given the fact that stock markets have suffered, property prices have dwindled and interest rates have dropped to record low levels during that period of time.
The good news is that for anyone looking for a better return on savings over the longer term, now could be a great time to dive in to the market because not only are banks competing for your business, but stock markets are starting to bounce back, the price of gold is strong, new property funds are coming to the market with low initial investment criteria, and there are options and alternatives out there that you can embrace for the health of your wealth.
In this report we’re going to talk about getting the best savings offshore – and more specifically, how to get higher rates of interest and returns on your savings and investment portfolios – because did you know that some of the most exciting savings solutions offering the best interest rates are never advertised?
Doesn’t bode well for us expats being able to tap in and take advantage does it? The thing is, banks and financial institutions offer such products to known financial advisories that they have an historical working relationship with. You might think it’s a sort of favour or bonus for the financial advisory – but come on, we know banks aren’t the charitable and giving sort, so what’s it all about? Well what it has more to do with is the fact that after years of working together regularly, they trust the financial advisory to have done correct and complete ‘know your customer’ due diligence on anyone they put forward for the fund.
This of course saves the bank a wealth of costly effort and time consuming paperwork and so it really suits them – at the same time, for the financial advisory it means they continue to win good business because they are able to pass on the best offshore savings rates to their customers.
As I’m sure you can see it makes perfect sense – but unless you’re the customer of such an advisory, it isn’t at all fair is it?! So how can you get higher rates of return on your savings and investments offshore. The ‘trick’ is in knowing which financial advisory to trust with your business. You need one where the advisers are incredibly well versed in the world of offshore finance and who fully comprehend the individual expat’s situation particularly when it comes to their tax status. You need an advisory that can show you testimonials from happy customers, and one who has advisers all over the world in case you need to expatriate again or repatriate in the future.
All of this is a lot to look for – it’s a lot of Google searches isn’t it! Alternatively you can trust us to have done the leg work for you! We have been working with financial advisories since our inception way back in the day! We regularly tap them up for information and advice for our readers, we pass on their tips and suggestions, and over the years we have built up a working relationship with the best in the business. You can have access to their time and their advice immediately by completing our offshore advice form, and what’s more you are under absolutely no obligation whatsoever to take an adviser’s advice! They will know you’re coming from Shelter Offshore and have a query – potentially about getting better rates of interest offshore – and they will be able to explain what’s available and whether anything that is currently on the market makes sense for you as an individual.
The advisories we tap up for information and advice have excellent working relationships with a handful of the best offshore financial institutions and yes, they do get to know about exclusive offerings that they pass on to their clients. We didn’t even know such products existed until we began working with these companies…and trust us, sometimes they knock the so called ‘headline rates’ into total insignificance. And to think, most people don’t even know!
To find out what the best interest rates really are for offshore savers right now, complete the offshore advice form and we’ll be in touch with the information you’re seeking…remember this is absolutely a no obligation service. This is important to reiterate because we’re not in the business of trying to sell you anything – but we’re pretty sure you’ll be pleasantly surprised when you discover that the offshore interest rates available are often actually a lot better than the headline rates suggest.
