Financial Advice
Savings & Investments
Your passion and dedication has brought you here, and with the investment opportunities afforded to you by your international status, the decisions you make today will allow you to rise further and secure the future you always dreamed of.
One of the main attractions of investing overseas is the tax advantages that are often available. Your investment returns may be completely tax-free, or if they are liable for tax, it will be at a far lower rate than you would pay at home.
Another benefit of investing overseas is that there is far greater choice, however with wider choice comes the need to understand all your options.
That’s where Skybound can help. Our experienced team of advisers are on hand to provide an uninterrupted service regardless of your location, which is good to know if you’re a contract worker and you tend to move from country to country.
Using overseas investment products in order to reduce your tax liability can result in savings of tens or even hundreds of thousands of pounds over your life. There are several ways that you can invest offshore to reduce your tax bill, such as; utilising jurisdictions that are well known for having low tax brackets (places such as the Isle of Man and the Cayman Islands), By choosing wealth management products that aren’t burdened by high taxation, and choosing products that allow you to gather interest or capital without these earnings being taxed.
We understand that the security of your investment is paramount and to this end it is vitally important to invest in well-regulated and politically stable jurisdictions. For this reason, we believe that typically it is best to place your money in UK crown dependencies such as The Channel Islands, and the Isle of Man. Our experience means we are familiar with their rules and regulations, and they offer the best protection, up to 90% of your investment, uncapped. In some cases, when it is not possible to use these areas we may use other European jurisdictions in which we have performed a rigorous due-diligence.
The term ‘offshore account’ refers to accounts based outside of national boundaries of the country where you reside. As an expat it's quite likely that you will move throughout your career. Offshore investments can move with you and be restructured to take advantage of regional regulation.
At Skybound our aim is to make sure you don’t pay any tax that you don’t have to. Due to the potential complexities that come with offshore investing, it’s important to seek advice from an independent financial advisor before making any decisions regarding your investments.
Talk To An AdviserYou can reach us directly by calling us between the hours of 8:30am and 5pm at each of our respective offices and we will immediately assist you.