SECURE YOUR FUTURE - PROTECT YOUR ASSETS - GO OFFSHORE !      NEWS FROM THE CAYMAN BROKER - CLICK HERE

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Each year, increasing numbers of investors are attracted by international financial centers to establish businesses in the form of an offshore company, offshore trust, offshore mutual fund, offshore insurance company, offshore bank account or to even start their own offshore bank. It is estimated that 60% of the world's wealth is held in offshore accounts through offshore companies and that 50% of the world's trade in goods is transacted through various offshore jurisdictions.

As the years have progressed, so has the application of offshore services and the number of offshore jurisdictions offering such benefits. Offshore companies or offshore trusts are not the illicit hideaways from tax authorities as sometimes presented. When set up and managed correctly they provide asset protection in a perfectly legal manner.

In simple terms, an International Business Corporation can provide excellent asset protection and privacy while at the same time provides a client with excellent access to International Investment Banking opportunities.

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Offshore Bank Accounts vs. Offshore Investment Accounts

If you think you want an Offshore Bank Account, consider the advantages of an Offshore Investment Account:

• Offers Multi-currency diversification all under one account
• Debit card linked to your investment account
• Secure online statement access 24/7
• Global access to all major securities markets
• Access to the best offshore mutual funds & hedge funds
• Access to better rates on global fixed income products
• Highly rated custody network for client assets
• Referral network to high-quality accounting, tax, insurance & estate planning professionals

Differences between Offshore Bank Accounts and Offshore Investment Accounts

Offshore bank accounts are administered by banks and offer traditional banking services which make it more convenient to utilize the assets held in the accounts for everyday spending, receipt and distribution of funds.

Offshore Investment Accounts are administered by investment dealers. The main advantage of offshore investment account as compared to bank accounts is that besides being able to hold cash in multiple currencies, they can also buy, sell, and hold stocks, bonds, mutual funds, precious metals and many other types of investments. They offer much greater flexibility in terms of providing access to a larger variety of investments.

Like a bank account, they allow investors to access their money via wire transfers and debit cards. They also offer fixed term deposits, money market funds, and fixed income products in several currencies, which usually offer better yields than holding cash. However, investment accounts are not intended to be used for day-to-day banking transactions. Funds received in such accounts are expected to be used for investment purposes within the account.

So, if you have your money just sitting in a bank account and you are ready for more investment choices you should consider an offshore investment account.

Our Grand Cayman Financial Firm has a relationship with one of the largest institutional hedge funds in the world. As a result they can offer direct dealing with all of their products. They have a terrific new product out that I wanted to share with you. 

This is a close ended product that will offer 2 separate structures:

100% Capital Guarantee: With this structure the principal is guaranteed at maturity. Since it is a growth fund, there is no income provided during the life of the product. At maturity the client should receive more than their principle, because the underlying fund has a track record of +13.4% per annum.  

7% coupons: paid out semi-annually – non capital protected – (5 years).  This note will work similar to a bond in the sense that will pay semi-annual coupons, but the underlying strategy contains exposure to the global markets. At maturity the clients may receive, aside from the 7% per year, above 100% of their initial investment, but could receive less should the fund perform poorly.

The goal is the underlying fund targets a double digit return for the holding period (4-5 years). The track record for the past 10 years shows a +13.4% annual return for a 17.2% volatility. This may be a better alternative to buying low yield fixed income products. This product offers security combined with an excellent potential for upside growth.

Emerging Currency & Fixed Income Fund:  this fund aims to provide capital appreciation through investments in bonds, currencies & their derivatives in emerging Asian, Latin American, Eastern European, Middle Eastern and African countries. This fund is available in several currencies with annualized returns of 19.7%.

Equity Inflation Fund: This fund aims to provide strong gains through investments in equities that have fixed pricing power and should benefit from rising prices. This fund is denominated in several currencies and has annualized returns of 47%.

Our Grand Cayman Financial Firm offers a loan fund that many investors have found very attractive. This fund provides capital security and consistent principle growth that is uncorrelated to the financial markets, property prices or interests rates. The fund achieves capital appreciation by providing short term fixed rate loans to UK law firms working on a no-win, no-fee basis. Loans are repaid when the case settles or in installments. To provide a high level of security to investors all loans are fully insured against non-repayment. The fund has no entry fee, no exit fee, and no lock-in period. The fund targets an 11% return and is available in GBP, EUR, & USD.

The performance remains consistent and the returns are summarized below:

Since start           21.9%
12 months           11.8%
6 months               6.2%
Last month            1.1%

Returns above are using the fund’s base currency of GBP. Due to hedging cost the returns in EUR & USD are about 1% lower per annum than GBP.

So if you are tired of the whiplash of the stock market or frustrated with the minimal returns on bonds, it is time think outside the box for wealth creation.  Get the peace of mind and capital appreciation you have been looking for.  The benefits of this investment is it is capital protected, uncorrelated to the market with low risk and attractive returns. Please contact us for a prospectus including investment including risks, fees and objectives.

THE CAYMAN'S

Just a quick 270 miles from Miami, the Commonwealth of the Cayman Islands is an independent country within the British Commonwealth of Nations. There are no income taxes, capital gains taxes, or corporate, estate, profit, sales, value added, gift, or inheritance taxes. There are also no taxation agreements with other countries and no tax treaty with the U.S.

The Bridgeway Offshore Protection Plan is everything you need to begin your new International Business Corporation (IBC) and operate legally with complete Asset Protection. Offshore Protection is quick and very affordable.

 

Take steps to lower your taxes

Courts have ruled time and again that people can plan their affairs so as to pay the minimum amount of tax possible and the taxpayer may use any legal means to do so. Americans ventured into the world of offshore a bit late in the game, nearly forty years after the rest of the world had capitalized on the financial advantages of moving assets offshore. The fact is that it is still both legal and quite simple for U.S. citizens to shelter their wealth offshore and to accumulate tax-deferred profits.

Our accounting firm can handle your complete tax filing requirements and we will file the appropriate IRS forms with the Internal Revenue Service to make sure that you have reported all of your income abroad as is required of every U.S. citizen and U.S. corporate taxpayer.

The best way to protect your assets is not to own any...only if you own an asset is it vulnerable to attack.

 

PROFESSIONAL OFFSHORE SERVICES

We are a one-stop facility for all our clients' investment, corporate, and tax planning needs. We have developed one of the largest offshore jurisdiction and tax knowledge databases in the world, which is a great help for the serious and professional investor.

We offer offshore services and management in all offshore jurisdictions; our offshore companies and offshore trusts formation is fast and cost effective.

If you need to register your yacht or private jet, or if you are a ship owner looking for convenient ship flag jurisdiction, simply contact us and we will perform all necessary formalities.  

If you need legal advice and representation or you are facing court proceedings against you or your company, our team of experienced lawyers will do their utmost to defend your assets, legal rights and commercial interests.

Once we have registered your new offshore company or offshore trust, you'll need to organize your business operations, open bank account(s), design your logo and stationery, create your new web site and register your trademark- our professionals will facilitate all of these steps. Additionally, you may make use of our business facilities and accounting & tax services, so your business operations will run as smoothly as possible.

Our comprehensive range of services includes:

- Offshore incorporations & management
- Offshore bank accounts & banking services
- Yacht and ship registration in over 35 major maritime jurisdictions
- Corporate structuring and shipping company formation
- Assistance with arranging surveys
- Tax and VAT planning and structuring
- Obtaining marine insurance for your yacht or ship
- Marine technical services and management
- Obtaining ship finance for your acquisition
- Complete legal advisory services by lawyers

 

Offshore Jurisdictions we service

Europe
Andorra corporations, Austria holding corporations, Campione d'Italia corporations, Cyprus offshore corporations, Denmark holding corporations, Gibraltar offshore corporations, Guernsey offshore corporations, Hungary corporations, Jersey offshore corporations, Iceland trading corporations, Ireland corporations, Isle of Man offshore corporations, Liechtenstein foundations, Luxembourg holding corporations, Madeira offshore corporations, Malta corporations, Monaco corporations, Russian Federation corporations, Switzerland offshore corporations, and United Kingdom corporations.

Asia & Middle East
Bahrain offshore corporations, Brunei offshore corporations, Dubai offshore corporations, Hong Kong offshore corporations, Lebanon corporations, Macao offshore corporations, and Singapore offshore corporations.

North & South America
Anguilla offshore corporations, Antigua and Barbuda offshore corporations, Aruba offshore corporations, Bahamas offshore corporations, Barbados offshore corporations, Belize offshore corporations, Bermuda offshore corporations, British Virgin Islands offshore corporations, Canada corporations, Cayman Islands offshore corporations, Costa Rica offshore corporations, Dominica offshore corporations, Grenada offshore corporations, Montserrat offshore corporations, Netherlands Antilles offshore corporations, Panama offshore corporations, Puerto Rico offshore corporations, St.Lucia offshore corporations, St.Kitts and Nevis offshore corporations, St.Vincent and Grenadines offshore corporations, Turks and Caicos offshore corporations, and Uruguay offshore corporations.

Australia & Pacific Rim
Cook Islands offshore corporations, Vanuatu offshore corporations, Labuan offshore corporations, New Zealand corporations, Marshall Islands offshore corporations, and Samoa offshore corporations.

Africa
Liberia offshore corporations, Mauritius offshore corporations, South Africa corporations, and Seychelles offshore corporations. 

OFFSHORE YACHT & SHIP REGISTRATION 

What does it mean for a ship to be registered? Like human beings, ships have to have a legal name and address but the analogy ends there, because a ship needs much more.

The principal purpose of the registration is to provide proof of ownership. Being a professional agent, this enables yacht and ship owners, managers and charterers to take advantage of the legislation of 35 offshore maritime jurisdictions with favorable fiscal regimes and universal support to the shipping industry.

Many yacht and ship owners prefer to keep their ownership confidential, therefore the majority of yachts and ships are owned by companies and corporations rather than individuals. We can offer advice that would best suit your individual needs and, of course, can register a specifically tailored corporate structure for holding and protecting a vessel.

While selecting a suitable jurisdiction and a flag for the vessel, there are a number of factors to take into consideration. The major factors are: registration costs and annual fees, the flag and the jurisdiction, tax implications, nationality of the owner and the expected area of operation.

Purchasing a yacht or a ship is a major acquisition which requires careful planning, and our offshore professional consultants can guide you through this process.

WANT TO MAKE YOUR FORTUNE GROW?  CONSIDER OFFSHORE BANKING!

Offshore banking has increased rapidly around the world since the mid-1960s because of the growth and liquidity of world financial markets. The full spectrum of financial services from offshore banks include deposit taking, money transmissions, provision of foreign exchange, trade finance, credit facilities, investment custody, investment management, fund management, trustee services, and corporate administration.

Offshore banks provide access to politically and economically stable offshore jurisdictions that may be of advantage for those living in areas where there is a risk of expropriation or where there is instability or corruption within the banking system. Many offshore banks offer services that may be unavailable in one's country of residence. The British Virgin and Cayman Islands, to name a few, prohibit the disclosure to any third-party of information pertaining to a client’s affairs without the client ’s explicit written permission under penalty of law. Some offshore banks may even provide higher interest rates than banks in the home country.

The majority of offshore banks operate within highly regulated environments under national monetary bodies such as Central Banks, Financial Services Commissions, etc. These banks are required to maintain capital adequacy requirements in accordance with international standards, and they must submit financial reports at least quarterly to the regulator on the current state of their business.

One common misconception about offshore banking and offshore accounts is that they can legally prevent assets from being subject to personal income tax or interest. This conception is usually not applicable because the personal income tax statutes of most countries makes no distinction between interest earned in local banks and those earned abroad. For instance, people subject to US income tax are required to declare any offshore bank earnings they may have.

An offshore bank account will allow you to safely and privately explore, with few restrictions, the far reaches of the vast and diverse financial universe; from the bond markets of Korea to the stock exchanges of Eastern Europe; from ultra-private Liechtenstein trust arrangements to the most successful funds; from unique commodity investments to Caribbean corporations; from Israeli nanotech start-ups to age-old European blue-chips; from the mysterious and secretive world of offshore mutual funds to tax-free Swiss gold accounts; from Isle of Man Insurance contracts to Danish multi-currency investment accounts; from uniquely structured tax-free Austrian funds to Bulgarian mortgages; and much more beyond.

 

WHO CAN BENEFIT FROM OFFSHORE BANKING?

The profile of a typical offshore bank account holder generally depends upon whether the account holder is an individual client or a corporate client, but both have one thing in common, offshore banking provides a series of advantages for both.

Offshore banks provide access to politically and economically stable jurisdictions. This may be an advantage for those residents in areas where there is a risk of political or economic turmoil who fear their assets may be frozen, seized, or disappear - eg. during economic crisis, etc.

Some offshore banks may operate with a lower cost base and can provide higher interest rates than the rate in your home country due to lower overheads and a lack of government interference.

Interest is generally paid by offshore banks without tax deducted. This is an advantage to individuals who do not pay tax on worldwide income or who do not pay tax until a tax return is prepared.

Some offshore banks offer banking services that may not be available from domestic banks such as anonymous offshore bank accounts, numbered accounts, higher or lower rate loans based on risk and investment opportunities not available elsewhere.

Offshore banking is often linked to corporate structures such as offshore companies, offshore trusts or foundations which may have specific tax and asset protection advantages for some individuals.

Offshore finance is one of the few industries, along with tourism, that geographically remote island nations can competitively engage in. Offshore banking and finance can thus help developing countries to source investments and create growth in their economies. Offshore banking creates additional tax and banking competition and is an advantage to the industry as tax competition allows people to choose an appropriate balance of services and taxes.

 

CORPORATE CLIENTS

The majority of people who open an offshore bank account fall into one of the three following general categories:

1. High Net Worth Individuals - people with a disposable income in excess of one million US dollars.
2. Expatriates - people who are located overseas away from their home country either on an employment assignment or in retirement.
3. Business Owners - generally these are individuals who control companies whose shares are owned by family members or a close working partnership.

The ‘type’ of person who falls into the above three categories range from those with inherited wealth to those who have earned it; all utilize offshore banking for the benefits of taxation planning, estate planning, privacy and asset protection.

OFFSHORE BANKING FAQ

Is it legal for me to have an offshore bank account?
Yes, absolutely legal. Offshore banking has been routinely and legally used for many years by individuals and organizations worldwide. Because many countries encourage international trade and enterprise, there are usually only limited restrictions on residents doing business or having bank accounts in other countries. However, reporting requirements on these accounts differ from country to country.

If I have to pay taxes, why should I bank offshore?
There are many reasons to bank offshore. Other reasons include asset protection, estate planning, confidentiality, better returns and the chance to exploit active business interests overseas from a zero tax jurisdiction with near hermetic confidentiality.

Is it convenient to use offshore banks?
Yes. With Internet, e-mail, fax and telephone banking and the use of ATMs, your money is just as accessible as it is from your local bank account. You can easily and quickly transfer your money around the world by electronic transfer and can effectively bank wherever you are.

WHAT WE CAN DO FOR YOU - OUR SERVICES

Over the last several years we have helped our clients to achieve effective, safe, confidential and affordable corporate structuring, tax planning and asset protection, guiding them every step of the way.

If you need to open an offshore corporate bank account we can assist you to select the best structure and the most suitable banking institution.

With one phone call, or even just the click of your mouse, an offshore bank account will allow you to:

1. Privately trade stocks, bonds, mutual funds, CDs, precious metals and currencies on markets everywhere (including CDs that pay up to 16%).


2. Take advantage of currency gains and emerging-market stocks traded on exchanges that have soared 496% in the past few years.


3. Diversify your assets out of American dollars and convert them into currencies set to soar against the dollar in the volatile times ahead, including the Swiss franc, the Euro, and other currencies which have seen staggering gains of 797% using select little-known currency investment techniques.


4. Buy into special types of mutual funds managed by legendary, award-winning financial analysts who rank among the world’s best. These offshore fund managers have consistently proven to outperform their American counterparts, as they are able to trade markets and asset classes far more freely than American fund managers, and they’re allowed to employ far more flexible and powerful investment techniques.


5. You can profit from some of the world’s top funds and advisors…from Luxembourg to Thailand…from Korea to the Caribbean…some of which have boasted returns of as much as 867% in a 5-year period. Compare that to the average American mutual fund that, at best, has provided anemic single-digit returns over the last 5 years.