How to Find and Secure the Best Offshore Investments

Should I really consider offshore investments?

Yes you should consider them because offshore investment companies have far more flexibility when it comes to investing in alternative currencies, diverse markets and different hedging mechanisms.

And depending on your circumstances, offshore returns can be accumulated free of any tax and potential returns can be significantly higher when tax is not deducted!  In fact usually ALL returns in an offshore investment plan can be totally tax free.

Take as an alternative onshore example a UK fund that will have tax deducted from the dividends received - a similar offshore fund will have NO tax deducted and will therefore enjoy gross compound growth.

This means that your gains build up far quicker and are compounded far more.

Over a number of years this can mean that you build up far greater and more significant amounts in terms of wealth building through a tax friendly investment plan in a tax friendly jurisdiction than you ever could if you were tax liable.

What will happen to my investments if I repatriate?

If you’re investing into a savings plan or investment vehicle on a regular basis you can continue to invest in this way if you move back to the UK for example.

In the USA you are slightly more restricted - you cannot increase contributions or switch funds for example.

In terms of tax liability, taxation should only apply to growth that has been made on your investment after the date you moved back home.  Furthermore, any tax liability would only arise when you came to cash in your investment.

The level of taxation levied at that time may depend on which country you choose to take the proceeds in.

A good international independent financial adviser will be able to answer questions such as these fully and comprehensively for you.

How to avoid expatriate abandonment and secure an international service

As an expatriate one of the most important questions you should be asking when it comes to international financial planning is: -

“What will happen to me and my financial affairs if I relocate or repatriate - who will be able to advise me then?”

Don’t be an expatriate statistic - many expatriates get promised everything from a local adviser in their current country of residence, and then they receive nothing in terms of support, advice and wealth building guidance if they relocate.

If you relocate and leave your local adviser behind what are the realities?

What if you ever need to complain - how can you?
What if you need customer service - who can you can contact?
What about different time zones?
What about being kept up to date with the best new investment opportunities or legislation?

If you relocate or repatriate who will look after you and your investments?

Make sure you are secure in the knowledge that no matter where you go you will have financial advice back up!

Think global and make sure your preferred financial advice company does too!