Embrace the increasingly global economy by diversifying your holdings and investing in offshore funds in places like Belize. Any investor worth his or her salt knows that diversification is key. Placing all of your eggs in one basket, so to speak, can leave you vulnerable to bankruptcy in the event that one company or industry fails.
You might choose to leave some of your wealth in real estate, buy blue-chip stocks and then place the rest of your funds in a mutual account managed by a skilled investor. However, keeping all of your money within a single country is not smart from a diversification point of view. Here are some of the top reasons to consider international investment funds.
Enjoy Low or Nonexistent Taxation Rates
One of the biggest perks of placing money in an offshore fund is that you can enjoy substantially lower rates of taxation. In places like Belize, capital gains tax is nonexistent, which can help you to put more money back into your investment or even go to other means of financial security. Of course, these tax perks are completely legal, which means that you don’t have to worry about IRS inquiries or doing anything even remotely unsavory.
Peace of Mind In Bankruptcy Hearings or Legal Matters
While no one likes to imagine a situation where their assets might be frozen or even seized, these kinds of things do happen from time to time. Without access to your wealth, you and your family may have to lower your quality of life significantly. The answer can be placing money offshore in a fund that can’t be touched by anyone.
Safety Net in Case of Domestic Banking Crisis
While the banking system in many countries seems secure, history has shown us that certain events lead to mass withdrawals, and banks may not be able to give you the money you need in times of chaos. By placing money in offshore banks in countries where banks and financial institutions keep a greater percentage of their assets liquid, you can feel more secure.
Diversification is one of the keys to smart investing. Click here to learn more about international investment funds that can benefit you financially.