Offshore Investments
Offshore investments are often thought of as a way for the already seriously rich to make lots of money whilst avoiding tax.
But modern, offshore centres are well-regulated and legitimately allow even the (slightly) more modest investor to take advantage of higher rates of return or lower rates of tax than investments offered in the investor's country.
Offshore investment providers are subject to fewer regulations and can offer more exciting opportunities.
No Fixed Bottom Limit
There is no fixed bottom limit for offshore investments, but there will be fees to pay making them only worthwhile if you have at least £20,000 to invest, whilst for a personalised private banking service you would need to deposit something in the region of three-quarters of a million.
However, whilst it is not illegal for you to make offshore investments, it is illegal in many places, including Britain, USA, Canada, and some EU countries, for offshore investment providers to advertise their products.
It is also illegal not to declare the income or gains from offshore investments to your local tax authorities. Ideally, to benefit fully (and legally) you should have an ‘offshore residence’, or there must be an offshore structure which (legally) distances offshore gains from the onshore tax net.
"More than half of the world's assets & investments are held in offshore jurisdictions"
According to Investopedia, "More than half of the world's assets and investments are held in offshore jurisdictions and many well-recognized companies have investment opportunities in offshore locales”.
If you want to go offshore, the advice is to opt for at least a three-level arrangement in different ‘jurisdictions’ – a bank account in one, investments in a corporation in another, and a trust in a third – according to whichever jurisdiction has laws that favour certain kinds of investment.
Ask Peter Male for more information on offshore investments – our Advisors know all the angles.
Financial Advice
Everyone's circumstance is different and off the shelf financial products may not cater for your personal needs; but with the right financial advice from a qualified and experienced financial advisor we can help you weigh up your options and execute your wishes.
Reviews & Checks
Life changes. For this reason, whether business or personal, a review of your financial present and future, can increase financial health and your peace of mind. Moreover, you need your money to work for you and that's our job. A quick chat on the phone is all that's needed.
Free Consultation
In the interest of the environment we like to determine your needs over the phone or email, and your free consultation can start from there. If we need to visit and need a few hours with you then we'll let you know if there are any fees. But we do offer the first hour for free.
Investments
All clients of Peter Male are seen as long-term clients and as such our relationships with all our investor clients are financially intimate. Moreover, liking each other is part of trusting each other so we nurture all clients at a pace that suits their pace and our approach.
Quick Links to Financial Solutions
Our Spanish Office
Peter Male Financial Planning has been operating from Benalmadena Pueblo, Malaga, since 2002 and with agents in Spain and Introducers in the UK we offer more flexibility..
© 2011 |