Offshore Investment Bonds (Overseas Investment Bonds)
Offshore investment may not be for everyone, yet it has many advantages that may suit your needs.
- Mainly that your offshore investment bonds are not subject to UK Tax, so they could perform better and grow faster than if you had made the same investment in the UK (known as gross roll up).
- Offshore investment can be part of a pension plan, offering a retirement option overseas.
- You may work abroad and offshore investment bonds could be ideal for your situation, perhaps investing in property.
- Or an offshore investment could be a holiday home, providing a second income during the times you are not there.
- Alternatively you may have used up your stocks and shares allowance - overseas investment bonds could solve this problem for you.
- Offshore investment means you have a greater range of potential investment opportunities.
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However offshore investment can be tricky in that the regulations affecting the safety of your money might be different. Also some of the charges asosociated with offshore investment bonds can be expensive reducing the gains resulting from a UK tax free investment.
As with any investment, especially for offshore investment, we would recommend that you seek specialist independent financial advice so that you are aware of all the conditions and regulations associated with a particular offshore investment as these can vary greatly.
Please use the links below in your search for information about offshore investment/overseas investment bonds.