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Offshore Investments

The media is usually condemning the idea of putting money in an account in a bank located in a country where the tax rate is next to nothing. It is true that there might always be instances of obscure offshore deals, however, fact is that the vast majority of offshore investing is perfectly legal. Companies or trusts can be set up in offshore locations for legitimate uses such as business finance, mergers and acquisitions and estate or tax planning, according to the global money laundering watchdog, the Financial Action Task Force.

We use modern and well-regulated offshore centers worldwide allowing investors to take advantage of higher rates of return or lower rates of tax on that return offered by operating via such domiciles. The advantage to offshore investment is that such operations are both legal and less costly than those usually offered in the investor's home country - or "onshore".

Through an offshore bank account (outside the country of residence) investors can typically benefit from financial and legal advantages to protect their investments against any political or financial instability. Clients can access a diverse range of investment products that might not be available in their country of residence.


Advantages:
Investment diversification – risk can be managed by diversifying investments among a wider range of options

Tax reduction – favourable tax rates in an offshore country are designed to promote a healthy investment environment that attracts outside wealth

Asset Protection – offshore centres are popular locations for restructuring ownership of assets

Specialist financial services – highly developed financial expertise in banking, asset management, funds, insurance, custody and structuring of wealth (e.g. inheritance or succession planning)

Avoidance of forced heirship – inheritance may be passed to preferred heirs, regardless of regulations in the jurisdiction of residence

An offshore bank account is like an insurance policy. It helps protect you and your family from any unforeseen events.



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 Investitionsführer VAE
Investitionsführer VAE
 Property Law Dubai
Property Law Dubai
 

Jörg Seifert, Al Sharif Advocates & Legal Consultants
48 Burj Gate - Sofitel Hotel Downtown Business Tower, 7th Floor, Shaikh Zayed Road (Burj Khalifa / Dubai Mall Metro Station)
P. O. Box 8867, Dubai - UAE
Tel: +971-4-348 8808 Fax: +971-4-348 1230 Mobile: +971-50-6367 443
Jörg Seifert is a German advocate (Rechtsanwalt) and member of the Bar Association (Rechtsanwaltskammer) Oldenburg/Lower Saxony.
He is practising his profession in accordance with the provisions of the Rules and Regulations for the German Bar.