In these unclear times you should consider a few things before moving your capital to just one offshore location.
- Institutional Diversification: Many savvy investors have offshore accounts in more than one location. Just as you wouldn’t want to have all of you money in one bank, even if you think it is stable (Lehman Brothers) it is smart to diversify your investments among a few financial institutions.
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Domicile Diversification: Change in government stability, regulations and policies can make it unattractive to have your investments there. This is why most investors move capital offshore in the first place! This is another reason many investors have brokerage accounts in different countries.
- Additional Products & Services: Each brokerage firm offers different products or has specialties. Having more than one investment account will get you access to a broader range of markets, products and services that can help you grow your wealth.
- Asset Protection: Client protection laws are different in each jurisdiction. In the event you are involved in a law suit, taking a multi-jurisdictional approach will make it more challenging and expensive to seize your capital.
- Time Zone: The difference in time zones can often make simple things a challenge.
- Language Barriers: When dealing with someone whose first language is not your own, sometimes things can get “lost in translation.” When you are dealing with complex financial orders it is important to get things exactly right.
Don’t sit back and watch things happen to you. Get the solutions you need to in these uncertain times! One solution for diversifying your capital is to invest offshore. There are fully integrated financial services company located in the Cayman Islands. They provide private asset management, ability to trade 80+ markets, precious metal storage, multi-currency accounts, and access to hedge funds. They also have a specialty in oil & gas and mining stocks. They are strategically located in a jurisdiction that provides asset protection and pure anonymity for your clients.
To take advantage of these offerings or for more information contact us today.
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