4 Things You'll Gain Through Offshore Asset Management

Some of the benefits of offshore asset management include a diversified portfolio, new investment opportunities, potentially lower taxes

Just as the name suggests, offshore asset management is when you have someone managing your offshore assets. The person, typically a financial expert with a wealth of knowledge and experience in asset management, can handle your portfolio and make decisions that reflect your preferred risk level and your financial goals.

If you are interested in offshore asset management, read on to learn how your life could improve as a result of this exceptional service.

1. You’ll Instantly Gain More Free Time

Managing a full financial portfolio can be a full-time job. If this appeals to you, and you have both the time and knowledge to accommodate multiple hours a day of financial tracking and watching markets, then you could do well managing your own offshore assets.

Most individuals, however, would prefer to spend their time at work, with family or just enjoying retirement. This is especially true when it comes to those investors who prefer offshore and international markets, because they are so many more factors at play that have to be monitored.

If you want to take full advantage of offshore assets and investments, but you also want to enjoy more free time, then offshore asset management may be the ideal choice.

2. You Can Make Strides Toward Lower Taxes

A major reason that many individuals turn to offshore assets and investments is because it can help to lower taxes significantly. It is important to note that not all offshore investments offer this advantage: It all depends on the jurisdiction and local tax laws.

One way to reduce taxes is by gaining the advice of an offshore asset manager. While you may also require assistance from an accountant or CPA, an offshore asset manager can steer you in the right direction depending on your tax preferences. Belize, for example, might be an area where you’d like to invest heavily if you also want to reduce tax erosion in a big way.

3. You’ll Gain Expert Insight Into New Investment Opportunities

Unless you’re already an offshore finance expert, it is impossible to know about the vast array of investment opportunities available around the globe. That’s one reason why an offshore asset manager can be such a key asset to have available to you.

Offshore asset management can be what helps you find new opportunities with higher profit potential. Often, the best investments are lesser known, and you may require insider assistance to explore these opportunities.

4. You’ll Enjoy a Diversified Portfolio Without the Hassle

It is no secret that diversification is a critical component of any financial portfolio. In order to withstand market fluctuations, currency inflation and all the other potential ups and downs in investing, you will need to diversify what you own and reduce your own vulnerability.

However, that may be easier said than done. It takes a lot of skill and experience to know how best to hedge your bets across multiple currency types, international markets, industries and alternative investments. Offshore asset management can ensure your holdings are diversified without a lot of hassle on your end.

At Caye International Bank in Belize, we can help you make the most of offshore asset management and put you on the right track for your financial future.

Contact us for information on how Caye Bank can help you with offshore asset management.

Luigi Wewege

Luigi Wewege is President of award-winning Caye International Bank, headquartered in Belize, Central America. He is the author of The Digital Banking Revolution, now in its third edition, and has co-authored economic research presented before the United States Congress. He also serves as an Instructor at the FinTech School in California. Mr. Wewege holds an Italian MBA from the MIB Trieste School of Management with a major in International Business and a BSBA with a triple major in Finance, International Business, and Management from the University of Missouri-St. Louis.

What You Need to Know About Offshore Asset Management

Offshore asset management can help investors choose better investments, spend less time on their finances, reduce taxes owed and prepare more effectively for estate planning.

Real Estate as an Offshore Investment

As a savvy offshore investor, you already know the value of diversifying your investments. Chances are that the portfolio currently contains a wide range of stocks, bonds and possibly even one or two insurance policies that are helpful with wrapping some of those assets. One offshore investment option that you may have overlooked is real estate. The fact is that even if you are looking for a short-term investment, property is still worth considering.

Growing Your Money Faster and Safer with International Investments

International investments with an offshore account can potentially provide greater returns, more diversification and better asset protection than investments at home.

5 Ways to Make the Most of Offshore Savings Accounts

Offshore savings accounts can help you save faster, can offer higher interest rates, can eliminate expensive currency conversions, can help you prepare for retirement and can even reduce your taxes.