| If we want to ensure that our future is | | | | worried about foreclosures, lawsuits, or |
| bright there are several reasons why you | | | | protecting themselves from outstanding debt |
| should consider offshore investment. | | | | may transfer some of their assets from their |
| | | | individual name to another entity in a |
| If we listen to media you'll have a picture | | | | country where they don't live. |
| of investor's stashing money in illegal | | | | |
| companies in the Caribbean to avoid taxes. | | | | 3. Confidentiality |
| There are shoddy offshore deals but the | | | | |
| majority are legal and offer excellent | | | | Many offshore jurisdictions have strict |
| options for tax breaks which is why you | | | | banking and corporate confidentiality laws |
| should consider offshore investment. | | | | with serious consequences for those that |
| | | | break them. That means high profile investors |
| There are a variety of investment strategies | | | | can have a significant advantage both legally |
| that capitalize on advantages outside the | | | | and financially. One they don't have at home |
| home market including bonds, equity, and | | | | just another reason why you should consider |
| money market options that are sound | | | | offshore investment. |
| investments. There are many advantages which | | | | |
| is why you should consider offshore | | | | 4. Diversifying Your Investments |
| investment. | | | | |
| | | | Offshore accounts have a much greater degree |
| 1. Tax Savings | | | | of flexibility letting investors have |
| | | | unlimited access to international markets as |
| Many countries have some terrific tax | | | | well as any of the major changes which is why |
| incentives for foreign investors as a way to | | | | you should consider offshore investment if it |
| encourage a healthy attractive investment | | | | would help your situation. |
| platform that will attract outsiders. When | | | | |
| these small resource limited countries are | | | | The biggest obstacle is cost. These accounts |
| able to attract large amounts of investment | | | | are not cheap and often the individual |
| it's great for their economy and it's legal. | | | | investment will dictate the cost of setting |
| Because the corporations or individuals that | | | | up an offshore account. So for examples some |
| are investing in these markets don't run | | | | countries might require a minimum investment |
| local operations they are liable for little | | | | of anywhere from $100,000 to $1 million |
| or no tax which is why you should consider | | | | dollars. |
| offshore investment. | | | | |
| | | | Now that you know why you should consider |
| 2. Protecting Ones Assets | | | | offshore investment your investment strategy |
| | | | just got a little stronger. |
| Offshore is also an excellent way of | | | | |
| protecting assets with individual wealth | | | | Copyright © 2007 Joel Teo. All rights |
| transferred from an individual to another | | | | reserved. (You may publish this article in |
| legal entity another reason why you should | | | | its entirety with the following author's |
| consider offshore investment. Individuals | | | | information with live links only. |