7 Wonders of the Offshore World

Many people assume that the offshore world is accessible only to the super rich looking to increase their wealth, or to large multi national corporations looking to escape taxation.

But the truth of the matter is that the offshore world is accessible to everyone!

Placing money or assets offshore is a legal and often worthwhile undertaking and it is something that anyone living in, for example, the UK, Europe, Canada, Australia or America can do easily and with potentially great effect.

Before I continue it is imperative to point out that the suitability of entering the offshore world for saving, banking, asset protection or any other reason can only be determined on a case by case basis. While 'going offshore' might be the most effective way for one person to operate, it might be totally unsuitable for the next person because of their personal circumstances. It is essential that anyone considering going offshore seeks the advice of a professional financial adviser. This article does not constitute advice.

The potential benefits of saving money offshore, investing offshore or placing assets offshore are manifold, here are just 7 ways that you might be able to take advantage of all that's on offer?

1) If you're an expatriate living, working and paying taxes overseas, chances are you can secure your savings in a low to no tax offshore jurisdiction where they will grow tax free. Without the burden of taxation, savings will benefit from compound growth.

2) By placing money or assets offshore an individual can potentially protect their financial assets from domestic personal or business litigation.

3) The offshore world sometimes offers individuals a way to reduce or negate inheritance/death/estate tax that will become liable to be paid on their estate in the future. Certain offshore structures such as trusts can sometimes help in the struggle to legally avoid death duty.

4) Many offshore jurisdictions offer greater levels of personal privacy and also security which means a person's private or business transactions are dealt with confidentially and securely.

5) As offshore jurisdictions are less restricted by reporting requirements etc., people with a high risk tolerance who invest offshore often have access to more exciting and potentially better potential returning investment vehicles.

6) Domestic savings and investment policies are restrictive for some people; by investing offshore these people have access to the global investment market place which opens up many more opportunities to them.

7) Some offshore savings vehicles pay higher levels of interest than an individual could gain domestically.

Because the offshore world is so flexible and open and offers such a wealth of diverse opportunity for saving, investing and protecting isn't it time you seriously examined the options available to you?

Rhiannon Williamson is the publisher of shelteroffshore.com - the online resource for offshore, expatriate and international investors.

For personalized investment and offshore advice, readers of Shelter Offshore benefit from the site's strategic alliance with deVere and Partners, the world's largest offshore financial advisory. Visit the shelteroffshore.com page to find out more.

disinfecting cleaning services Winnetka ..
In The News:

Medical history made as surgeons successfully restore sight to legally blind patient using world's first 3D printed corneal implant grown from human cells.
Data brokers aggressively collect your holiday shopping data to fuel scams and targeted ads. Learn how to delete your digital profile before 2025 starts.
Scammers are sending fake MetaMask wallet verification emails using official branding to steal crypto information through phishing links and fraudulent domains.
Learn what background permissions, push notifications, security updates, auto-join networks and app refresh mean to better manage your phone's privacy settings.
Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.
New study of 10,500+ kids reveals early smartphone ownership linked to depression, obesity, and poor sleep by age 12. Earlier phones mean higher risks.
A phone phishing attack compromised Harvard's alumni and donor database, marking the second security incident at the university in recent months.
AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.
A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.
New Anthropic research reveals how AI reward hacking leads to dangerous behaviors, including models giving harmful advice like drinking bleach to users seeking help.
The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.
Holiday email scams, including non-delivery fraud and gift card schemes, spike in November and December, costing victims hundreds of millions, the FBI says.
Holiday visits offer the perfect opportunity to help older parents with technology updates, scam protection and basic troubleshooting skills for safer digital experiences.
Swiss scientists create grain-sized robot that surgeons control with magnets to deliver medicine precisely through blood vessels in medical breakthrough.
Researchers exploited WhatsApp's API vulnerability to scrape 3.5 billion phone numbers. Learn how this massive data breach happened and protect yourself.
Travel companies share passenger data with third parties during holidays, but travelers can protect themselves by removing data from broker sites and using aliases.
Xpeng's humanoid robot moves so realistically that crowds believed it was fake, marking a major advancement in robotics technology ahead of 2026 commercial launch.
Researchers discover phishing scam using invisible characters to evade email security, with protection tips including password managers and two-factor authentication.
iPhone and Android users can reduce battery drain and data usage by restricting Background App Refresh to Wi-Fi connections instead of mobile networks.
Scammers nearly stole an Apple account by exploiting the support system with authentic-looking tickets and phone calls, users can protect themselves with safety steps.
FoloToy restored sales of its AI teddy bear Kumma after a weeklong suspension following safety group findings of risky and inappropriate responses to children.
Threat intelligence firm Synthient uncovers one of the largest password exposures ever, prompting immediate security recommendations.
Viral video shared by Elon Musk shows Tesla's Optimus humanoid robots performing tasks from cooking to construction, garnering over 58.5 million views on social media.
Chinese hackers used Anthropic's Claude AI to launch autonomous cyberattacks on 30 organizations worldwide, marking a major shift in cybersecurity threats.
Apple's new Sleep Score feature gives you a rating for your nightly rest quality. Learn how to set it up on your Apple Watch and iPhone today.

Increasing Your Wealth by Increasing Your Financial Literacy

Perhaps the primary message of Rich Dad, Poor Dad is... Read More

Business After The Iraqi War

The rewarding of high compensation packages to top executives who... Read More

Building Wealth by Paying Yourself First

When I look around at all of my friends, and... Read More

Financial Planning For Singles

Financial planning often gets a bad rap. Part of the... Read More

Spiritual and Emotional Money Goals: The Keys to a Financially Free Future

Are you setting the right money goals?Most people believe having... Read More

Don?t Work for Your Money, Make it Work for You!

Well, the New Year is around the corner and so... Read More

Stop Losing Thousands of Dollars Every Day: Six Tips For Creating Wealth

We all go to school for about twelve years, kindergarten... Read More

Your Money Or Your Life

Have you stopped to realize that although you go... Read More

Simple Strategies to Making Financial Gain

Now is a great time to make it a habit... Read More

7 Power Habits that Build Financial Independence

Financial independence is having the freedom to support yourself through... Read More

Do You want to Live on Macaroni and Cheese when You Retire or Filet Mignon?

How Much Money Will I Need to Earn to Retire?This... Read More

Anthony Robbins 12 Reasons Why People Dont Get Wealthy

According to Wallace Wattles, in his popular wealth treatise called... Read More

Are You Ready For Undesired Events?

Planning for the undesired, accidents and possible unknowns in life.... Read More

Principles to Ensure a Fantastic Financial Finish

Most people want to get to the end of their... Read More

Offshore Strategies & Services

Offshore strategies may or may not be right for you.... Read More

Why do Some People Rake in the Dough while Others Spin Their Wheels to No Avail?

Here's the truth: I have read hundreds and hundreds of... Read More

A New Paradigm Shift In Earthly Wealth

Hello,If you dont understand this yet, or have not heard... Read More

Easy Ways to Save $1,000

Vacation season is upon us and it can be tempting... Read More

Personal Budget Programs

Do you have financial problems? Then a budget is the... Read More

The Morphing of Thought and Cash

Here are some thoughts about the morphing of thought and... Read More

Residual Income - The Myth

"Join our program and retire in 3 months..." yeah, right.We... Read More

Turn That Fixed Rate Mortgage Into A Goldmine

When you purchased your home, you most likely got a... Read More

High Flying Market Makes Good Buys Hard to Find

AS THE MARKET FLIES HIGHER, GOOD BUYS ARE BECOMING HARDER... Read More

The One Important Secret of Making More Money Easily

If you're reading this article, it means you are a... Read More

The 11 Best Money Saving Ideas of All Time - Part 1

At any time in history, no matter what the current... Read More

last minute cleaning help Highland Park ..