Did you know that, as an investor, there could be advantages to keeping your money overseas?

Every country has a unique set of tax regulations. So, depending on your circumstances and where you live, offshore investing could make a big difference to your personal finance plans. In addition to potentially saving taxes, some funds based offshore give you investment opportunities that stem from a far wider range of markets than onshore funds. It’s important to note that the minimum investments level are often much higher than UK-based funds.

What makes offshore investing different?

Offshore investing can be a big attraction if you’re a more adventurous investor, and you’re willing to take greater levels of risks with your money. But while there can be upsides to Offshore Investing, it’s important to remember that investment opportunities based offshore are sometimes not covered by the regulations we look to for guidance in the UK. And on top of that, currency fluctuations may affect their value, too. Making plans for offshore savings is not straightforward, but with expert guidance, it can be highly beneficial. As you can see, offshore investments are an area that’s best explored with professional help from an independent financial adviser (IFA).

Questions you might like to ask an IFA…

Are these investments affected by the amount of time I spend in the UK?

Should I see a tax adviser before taking out this investment?

What are the risks involved in this offshore investment, and do they change over time?

Are there other tax-efficient ways to invest my money that would fit into my plans?