Investing in offshore funds could have certain advantages, particularly but not exclusively, to international or expatriate investors. These funds are taxed differently to other investments, operating under the tax regime of the country where they are located.
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Offshore funds
Investing in offshore funds could have certain advantages, particularly but not exclusively to international or expatriate investors. These funds are taxed differently to other investments operating under the tax regime of the country where they are located.
Contrary to popular belief, offshore funds offer no particular advantage to investors resident in the UK as profits are still liable to UK tax when they are cashed in. If you are planning to retire abroad then investing offshore could make sense, although this would be dependent on your own situation and the tax laws of the country to which you are retiring.
