5 Times When You Can Benefit From Offshore Asset Management

You could benefit from offshore asset management if you are ready to take bigger financial risks, you are preparing for retirement, you want to start estate planning, you want to reduce your tax liability or you want to take a more hands-off approach to investing.

Offshore asset management is a means by which individuals can hire financial experts to manage and oversee their assets or investments. Offshore asset management allows you to take a hands-off approach to your asset preservation without suffering any negative financial consequences.

If you’re not sure whether offshore asset management is necessary for you, then take a closer look at these five times when doing so can be incredibly beneficial.

1. When It is Time to Pay Taxes

If you are currently managing your own assets either domestically or offshore, you might get frustrated every year at tax time when lose a percentage of your assets. By seeking out offshore asset management, you could gain some valuable advice on how to legally reduce your tax burden each year.

A financial asset manager could suggest how to take your tax-free IRA offshore, for example, or help you find an offshore destination that has no capital gains taxes whatsoever, like Belize.

2. When You Want to Have More Free Time

Managing your assets is important, but there may come a time when you don’t want to spend so much time worrying about them. Whether you are gearing up for a busier time at work, you want to spend more time with your children or you want to take a long vacation without any financial interruptions, offshore asset management might be the key. Let a professional take the reins and handle the day-to-day decisions while you retain control over all of your assets.

3. When You Want to Establish a Trust

Many offshore investors are focused on setting up financial security for their loved ones in the future. There are many tax benefits to establishing an offshore trust, and doing so can also be a more secure option for those who want to guarantee that the trust remains in place for years to come.

However, establishing a trust and appointing a trustee can be overwhelming. Offshore asset managers can walk you through every step of the way and even take on the role of trustee or manager in the years to come.

4. When You’re Gearing Up For Retirement

To enjoy the retirement you deserve, you will need to have either significant savings or a steady stream of income for the foreseeable future. Rather than risking not having the funds you need for your dream retirement, let an offshore asset manager help. Professional offshore asset management can ensure that you have profit potential, increasing assets and liquidity when it is needed most.

5. When You Want to Take a Big Risk for a Big Reward

Even if you are comfortable managing your assets offshore currently, you might be ready to take on bigger risks. Whether that is purchasing land in an international destination or becoming an angel investor to an offshore company, it helps to have the advice and expert opinions of an experienced offshore asset manager. They can help you calculate the right risk level and increase your odds of a great reward.

These are just a few of the many examples of when individuals just like you can benefit from offshore asset management. Contact Caye Bank to find out more.

Caye Bank

Caye International Bank Limited (CIBL) was granted an Unrestricted "A" Class International Banking License on September 29th, 2003 by the Central Bank of Belize and is regulated by the Central Bank of Belize which set the standards for liquidity and capital adequacy.

International Lending Through Offshore Banks

Offshore bank accounts allow an individual or company to participate more easily and securely in the international money market. The cost or time value of money is represented by the interest rate paid by the borrower to the lender. In international transactions, the conversion rate between currencies factors into the cost of money. Offshore bank accounts in countries such as Belize offer many of the same services as traditional domestic banks where consumers have access to funds through credit and debit cards. In addition, the client can hold the account in numerous currencies. Account verification takes only one to two weeks.

How International Banking Can Upgrade Your Life

Improve your life with international banking and its benefits, which include the potential for increased wealth, lower financial expenses and fees, mitigated risk in retirement, greater financial diversity, online banking options and access to foreign currencies around the world.

Uncover the Benefits of Belize Banking

Although the perks of offshore investing are now well known, many investors still struggle with choosing the right country or location for their assets. Belize is a clear winner for several reasons. First, it has a stable banking system with a history of success and limited government intervention. Second, Belize offers foreign investors incentives in the form of zero capital gains taxation, which helps you increase your profits over time. Finally, Belize can offer American investors a convenient location just a few hours from the Eastern Seaboard. For these reasons and many more, it is clear than banking and investing in Belize can be a smart choice.

Managing Your Private International Bank Accounts

Manage your offshore bank account to its fullest potential by applying for a prepaid MasterCard, opting for online access, securing high interest rates through a lifestyle account and opting for more than one currency.