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.

Should You Open an Offshore Savings Account?

If you are still unsure about whether an offshore savings account is the right financial move, think about what it is that you want to achieve. If your objective is to move to a new country or retire abroad, then a savings account in that offshore location can be ideal. Other key reasons to start the process of opening up an offshore savings account include the desire for increased privacy and anonymity, the potential to legally reduce your tax burden and the desire to protect your assets in a country with a safe and secure banking system.

Get Answers to Top Questions About Private Offshore Banking in Belize

Offshore banking in Belize is a popular option for wise investors and retirees. Find out answers to top questions regarding private offshore banking in Belize.

5 Reasons to Choose International Investment Funds

There are a variety of different reasons that an offshore or international investment fund can be one of the best ways to secure your financial portfolio. An investment fund spreads out the risk by sharing the vulnerability between numerous investors, which can be a savvy move and a great way to diversify. These investment funds also let investors take a hands-off approach enjoy the guidance of a financial expert. Since many of these funds are offshore, they also allow investors the opportunity to legally reduce their capital gains tax liability and even pay lower maintenance and upkeep fees thanks to inexpensive banking destinations like Belize.

5 Common Types of Offshore Investments

Investing offshore can mean a variety of different things, and the best opportunity for one person may not be the most beneficial for someone else. Ultimately, it all boils down to the level of risk and reward required as well as how diverse the holdings are. One of the most common offshore investment opportunities is venture capitalism, which has enormous potential but also a level of risk. Mutual funds and precious metals, on the other hand, may be a safer option. Offshore life insurance and real estate are two more choices that many investors turn to when banking offshore.