Rupert Murdoch and Offshore: How Does He Win Offshore?
Read how one of the wealthiest US citizens uses offshore to reduce tax.
George Soros is known as the wealthiest speculator of all time. His trading all took place in the Netherlands Antilles, where his earnings compounded tax free. If you think he has this advantage only because of his wealth read on.
Today, investing arenas are without borders. Investors may reside in Chicago or Kuala Lumpur, but geographic locales no longer need be a deterrent to investing globally. Offshore or non-US investments allow for more rigid controls on privacy. Privacy in an age of big brother is crucial to many investors. The US government along with numerous other over regulated industrialized societies have continued to threaten individual investor's privacy rights. Offshore funds are inherently private, a big selling point for global investors.
In examining offshore solutions one must be concerned with numerous issues. Services the trader or investor may need: fund organization, corporate management, domiciliary services, accounting and administration, shareholder services, banking and custodial issues, and computer data transmission.
Example Tax Haven Jurisdictions
- Antigua
- Bahamas
- Belize
- British Virgin Islands
- Delaware
- Gibraltar
- Guernsey
- Isle of Man
- Jersey
- Liberia
- Mauritius
- Nevis
- Panama
- Turks