Financial Planning

For Expatriates, it is highly advantageous to ensure one’s Financial position takes advantage of your “Offshore” status.

The ability to prudently and legitimately move assets from one’s domestic Tax Jurisdiction cannot be under estimated, be it from an Income Tax perspective, the Tax on Investment interest/income, or Inheritance Tax mitigation.

The opportunity to produce secure, significant and consistent returns on Capital or Regular savings, growing fee of Tax, is an extremely important part of optimising one’s affairs.

Currency mortgages

Many jurisdictions have considerably more favourable Interest rates for secured loans on property, than their competitors.

Whilst the risk of borrowing in another currency cannot be ignored, the immediate cash flow advantages combined with possibility of reducing the Capital outstanding over the medium term has significant attractions.

Pensions

Many people have what is referred to as “retained benefits” back in their Country of origin. Substantial improvements can be made in some circumstances by moving benefits outside domestic Tax jurisdictions, into regulated and approved overseas arrangements.

It is by no means certain that transferring benefits is the right thing to do and, indeed, under our “best Advice” criteria, it may well be that nothing either can or should be done.

However, there are many options potentially available and looking at the situation should be part of an holistic approach to one’s Financial position.

Also, the vast majority of people have made inadequate provision for their retirement. Living “offshore” for Tax purposes opens up a wide variety of opportunities for those looking to make the most of their savings and/or retirement income.

Offshore Trusts and Companies

In many cases personal and/or Corporate circumstances can benefit from the establishment of either a trust, the formation of an Offshore Company or, indeed, both.

Careful assessment is required to form the basis of any judgement and we would be pleased to help you examine the possibilities.

Life Cover and Private Health Insurance

It is important, for those people who have a need for such cover to know that we can arrange this with a number of Multi-National Providers. Any recommendations we might make in this regard would be part of our initial “know your Client” assessment.