Choosing the Right Offshore Investments for Your Retirement

Global Financial BusinessWhen it comes to retirement, being financially secure is one of the most important factors. For that reason, many retirees and those preparing for retirement choose to diversify their portfolios and make the most of their hard-earned money by investing offshore.

With so many different offshore investments to choose from, narrowing down the best options can feel overwhelming.

Use this guide to help you choose the right offshore investments for your retirement.

Do You Want to Live Overseas?

Many retirees are excited about the prospect of living in an international destination during retirement. Even if you are not quite ready to make the move permanently, you might enjoy spending a few weeks each winter in a tropical and warm setting. Either way, a great investment for the jet-setting retiree might be offshore real estate.

On a smaller scale, you could invest in a condo or a vacation home that can be used part of the year and then rented out for additional income the rest of the time. On a much bigger scale, you can invest in developments or even commercial real estate for lease, both of which will be easier to oversee if you live nearby or visit the area frequently while on vacation.

Do You Want to Diversify Your Assets?

Without a steady stream of work income coming in anymore, retirees often want to set up a financial safety net in the form of a diversified portfolio. After all, you wouldn’t place all of your cash into a single bank account and risk losing it, so you shouldn’t place all of your assets in a single country.

Offshore investments that best meet the criteria of diversification include managed mutual funds, which are designed so that your risk is minimized and your potential for long-term profit is maximized.

Do You Want to Provide Financial Security for Loved Ones?

Aside from providing for their own financial needs during retirement, many retirees want to make sure that some of their assets are set aside for loved ones who may need them in the future.

If estate planning is a part of your plan as you enter retirement, there are several offshore investment opportunities that could fit the bill. A top choice might be establishing an offshore trust and selecting your loved ones to be the beneficiaries. You might also want to open up an offshore life insurance policy to provide for your spouse, children or even charitable organizations.

Do You Want a Timeless Investment?

If you want to make an offshore investment in something that has always had a history of value, is limited in supply and is not tied to any particular currency or country, then consider investing in silver, gold or any other precious metals. You can buy these precious metals offshore and even store them in secure offshore locations.

It may even surprise you to learn that you can take out loans against the value of the gold or silver, should you want to pursue alternative investments in the future.

Whether you are already retired or you are taking steps to retire soon, these offshore investment choices can be a great way to prepare financially.

Contact Caye Bank to explore your options for banking and investing offshore.

About this author


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.