Invest Offshore

Category: Expatriate

  • Building a nest egg online

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    Aaron
    in

    According to predictions from the Forrester Research Centre, the number of Europeans using online brokerage services to build a nest egg will almost double from 5 million in 2003 to nearly 10 million by 2007. Both traditional banks as well as online brokers have been getting more business since the financial market rebounded as of…

  • Tax advantages and new investment opportunities

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    Aaron
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    Moving abroad can be a daunting process, and for many expatriates, finding a safe home and tax advantages for their savings is a top priority. Most high street banks in the UK have offshore subsidiaries that can provide a range of accounts tailored to suit the needs of expatriates, combining competitive rates of interest with…

  • Becoming Swiss no longer costs a fortune

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    Aaron
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    The Swiss government on Monday decided that a modification of the law on nationality would come into force on January 1, 2006. Explaining the new procedure, the justice and police ministry said that cantons and municipalities would only be allowed to charge for the real processing costs. Charges in the thousands of francs would no…

  • Citizenship and Passport

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    Aaron
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    Citizenship can be loosely defined as the legal relationship between a person and the sovereign nation in which he or she lives, a status defined by the law of that nation, conferring or limiting a person’s duties and rights. The most common means of acquiring citizenship is by birth within the borders of a nation.…

  • Can Second Citizenship Reduce Taxes

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    Aaron
    in

    There are eight criteria governments consider to determine your personal tax status. The most important of these are citizenship, residence, and domicile. In addition, your marital status, source of income, location of assets, timing, and status of beneficiaries may impact your tax status. Citizenship, the status of being a citizen of a specific nation state,…

  • What About the British?

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    Aaron
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    It is estimated that in recent years 600,000 or more U.K. citizens have been driven into exile because of high British taxes. Once domiciled abroad, in Italy, Portugal, Singapore, or Bermuda, many Brits used to return home like migratory birds to spend six months annually “vacationing” in England. Stay one day more and under the…

  • Why Have Alternative Citizenship?

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    Aaron
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    Many people believe that having more than one citizenship or passport is illegal, or if not illegal, somehow “unpatriotic.” That’s simply untrue. Public ignorance about this is not surprising. The average person only encounters this issue when reading an international espionage thriller, watching a James Bond movie, or reading reports in the media linking use…

  • What are the advantages of doing business offshore?

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    Aaron
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    Privacy. Anyone can hire a private investigator and find your domestic assets, including bank accounts, -or do it themselves on the Internet. But offshore investments are much more difficult to find. While you are required to disclose income from the account to your domestic tax authorities, these records aren’t ordinarily available to creditors. Asset protection.…