What is an offshore financial plan?
An offshore financial plan is an investment and business
strategy specifically designed to add privacy, protection,
flexibility and superior performance to your financial
affairs. It involves the relocation of personal or corporate
wealth outside one's country, where it is subject to
low or no tax and local secrecy regulations. For a growing
number of individuals and corporations, an offshore
financial plan is the key to building, managing and
Who can benefit from offshore planning?
Situations that call for the use of an offshore financial
structure are very common and will apply to virtually
every individual or company. Those who should investigate
the benefits of offshore financial planning include:
- Professionals that are subjected to a high degree
of legal liability in the course of their profession (lawyers,
- individuals looking for additional freedom in planning
- businesses that market and sell products internationally
(i.e. modern Internet e-commerce companies); and any
individual or business entity with assets that could
benefit from an offshore asset protection plan
- individuals considering marriage as an alternative
to prenuptual agreement.
- individuals and business entities looking for an
alternative investment vehicle.
Why do I need an offshore financial strategy?
Primarily, offshore strategies can provide protection
from lawsuits, creditors, and disputes arising from
marital problems. Some other common reasons for going
- General asset protection
- Superior flexibility and performance in investing
- Guaranteed financial privacy
- Increased flexibility and efficiency in organizing
the succession of family wealth
- The possibility of future emigration
When is the best time to move offshore?
Whether it be through inheritance, royalties, or the
rewards of hard work, the time to set up an offshore
financial plan is before you acquire your wealth, not
after. Timing is also critical for those looking to
establish an asset protection plan. When assets are
moved offshore AFTER you become aware of potential claims
that might be made against them or imminent bankruptcy,
those assets can no longer be said to be fully protected
In truth, any individual or business entity with substantial
sums to invest is potentially losing investment income,
unnecessarily risking their assets and potentially paying
too much tax by keeping their financial affairs completely
onshore. Thus, while timing can be a critical element
in developing a sound offshore structure, the best time
to go offshore is always now.
Where should I take my offshore investments?
A number of considerations will go into deciding what
jurisdiction is best for any given particular financial
situation. There are 65 tax friendly jurisdictions
world-wide. They differ in many ways, including taxation
policy, political and economic stability, bank secrecy,
investment concessions, security of property rights,
geography, infrastructure and a host of other relevant
factors. When deciding where to invest your assets,
it's imperative to understand which countries will best
suit your financial needs and how. For these reasons,
the advice of a professional onshore and offshore financial
advisor is highly recommended.
Why should I choose IFG Trust?
IFG Trust is a leading independent provider of offshore
fiduciary, corporate and trust services. Our group of
companies offers an efficient, professional and confidential
environment to conduct financial affairs, with a focus
on asset protection in the offshore sector. We are a
comprehensive financial services provider that can
provide you access to all major offshore jurisdictions. Our
group administers corporations and trusts in every major
offshore region, including Northern Europe, the British
Isles, the Atlantic, the Mediterranean, the Caribbean,
Central America, South East Asia, the Indian Ocean,
and the South Pacific.
Our experienced staff includes experts in offshore
law, accounting, banking, insurance and investments.
We provide professional, confidential and personalized
service to all our clients, ensuring their individual
financial requirements are identified and addressed.