If exposed, it is highly possible that your assets can be confiscated. It is to your advantage to place your hard earned assets offshore, because they are safe and out of the reach of creditors and hostile parties. (4) (7).
Trusts and IBCs.
Offshore trusts often work hand in hand in association with offshore asset holding companies or International Business Companies (IBCs). A corporate structure can be used to give a settler (foreign investor) a measure of control over trust property without affecting the validity of the disposition. An underlying company is often utilized to hold trust assets. The settler establishing a trust and an offshore company achieves this. The settler then makes a disposition of assets to the trust, which in turn capitalizes the company with the assets in exchange for 100% of the shares of the company. The trustee then becomes a 100% shareholder in the company and appoints the settler as the sole director of the company. This maximizes flexibility and enables the settler to exercise a greater degree of control over the administration of the assets and does not require the settler to rely wholly upon the duties of the trustee. (11).
Mutual Funds.
The Government of Belize, in a continuing policy to expand the offshore finance industry, passed the Mutual Fund Act. It was a move that will make investing for long-term capital appreciation more tax-advantaged than investing for interest, dividends and short-term profits. Offshore service providers have a good reputation in managing and investing foreigner's money. They will make your money work harder than ever before which is one of the advantages of going offshore. They have the ability to invest in offshore funds, which are among the best performing investments in the world. Below are the top four funds recommended by Offshore accounts:.
Marlborough Asset Management (MAM) Managed Forex Account (Min. Investment-$50,000): The MAM Account is an excellent hedge against the frantic swings of the equity markets.