Gaining Peace of Mind Through Offshore Trusts

Offshore trusts can provide peace of mind since they can store a range of assets, they can prevent the seizure of all your assets, they can diversify your holdings, they allow you to set aside assets for loved ones and they limit your tax liability.

Most people have two primary objectives for the portfolios. The first is to increase profits and returns on investments, and the second is to guarantee security for assets. If you fall into the second category, or a combination of both categories, then you’ll want to investigate all of the options that can lead to a more secure, lasting financial future.

Offshore trusts can provide peace of mind for you and for your loved ones in all of the following ways.

Limit Current and Future Tax Liability

In many cases, placing assets into an offshore trust can limit your taxation liability. This is particularly true if you gravitate towards trusts in jurisdictions that already offer low or nonexistent tax rates for foreign investors. Belize, for instance, is a prime example of a destination where holding an offshore trust can reduce your annual tax burden.

Set Aside Assets for Loved Ones and Dependents

One of the main reasons that individuals decide to establish offshore trusts is so that they can securely set aside assets for their loved ones. Few things in life are guaranteed, so financially providing for dependents in one way to help them enjoy security can give you peace of mind.

An offshore trust can be an integral part of your estate planning, and you can earmark certain assets or cash for specific individuals, dates or life events. This means you can rest assured that your children will have money for college tuition or your grandchildren will have a fund to help them pay for a wedding or a down payment on their first house.

Diversify Holdings

If all of your holdings are currently domestic, you could be doing yourself a major disservice. That’s because the most secure portfolios are those that offer geographic diversity. Even trusts, which are more secure to begin with, might not be as stable as possible if they are held in the same country or jurisdiction as all your other assets.

Opting for an offshore trust can be key in order to maximize your financial diversification and minimize your risk.

Prevent Seizure or Freezing of Legal Assets

Even if you’re careful to abide by all laws, it is still possible to have assets frozen or even seized as a result of a civil or criminal lawsuit. This can be devastating, even it is temporary until a court case proves innocence. While no one likes to dwell on the potential for these kinds of actions, it is still important to prepare for their possibility. Keeping assets in an offshore trusts helps to legally guard and protect the things you have worked hard to earn.

Safely Store a Range of Assets

One of the most appealing things about an offshore trust is that it can store a wide range of assets. Contrary to popular belief, an offshore trust can contain things like real estate, antiques or cash in addition to more traditional items like cash, stocks and bonds.

If your goal is to better secure your assets, to financially provide for your loved ones and to enjoy greater peace of mind, then an obvious investment vehicle is the offshore trust.

Contact us today to find out more about setting up an offshore trust.

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.

Getting Started With An Offshore Online Bank Account

If you want to combine the benefits of banking offshore with the ease of online banking, the obvious solution is opening up an offshore online bank account. The perks of such a financial move include potentially lower taxes and overhead fees, greater security and more diversity. Account holders can choose from a number of different offshore locations depending on their needs and their travel plans. In order to keep accounts secure, it is key that users abstain from accessing their accounts on shared wireless networks, and they should treat their passwords and user names as secure and confidential pieces of information.

Make the Most of Offshore Asset Management

Corporations as well as individuals often choose to keep their assets offshore rather than in domestic investments. This can bring about plenty of advantages that include lower taxes, more anonymity and better security. If you want to take a step back from managing your assets, a professional offshore asset manager can be a smart option. These managers can be a source of knowledge when it comes to offshore tax laws that may influence your holdings. They can provide information regarding international real estate markets, and they may be able to establish a lasting relationship with you, which can give you peace of mind when it comes to the security of your family in the future.

What Can International Banking Do For Your Business?

Just a few of the benefits of international banking for your business include the potential for lower taxes, lower banking and maintenance fees, increased financial security, more affordable lines of credit and access to a range of currency types.

5 Reasons to Choose an Online Offshore Bank

In today’s modern society, the Internet is something that plays a role in everything from education to shopping to communication. When it comes to offshore bank accounts, having the option of online banking is also incredibly beneficial. It allows you to make real-time decisions with sensitive markets or rapidly-moving investments, and it also means that travel doesn’t have to interfere with your finances. An online account with an offshore bank can also be a key way to pay your bills when abroad, check the status or balances of your accounts in just seconds and transfer money whenever necessary, but you can still retain the privacy and security you want most.