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Offshore Trusts

An offshore trust is a legal arrangement where a person (known as the settlor) transfers assets, such as money, investments, or property, into a trust held in a jurisdiction outside their country of residence or domicile. The trust is managed by a trustee, who holds and administers the assets for the benefit of one or more beneficiaries according to the terms specified in the trust deed.

There are several reasons why this structure is such a strong asset protection thing and deter creditors so efficiently:

  • Jurisdictional Protection: Offshore trusts are established in jurisdictions with favorable asset protection laws. These jurisdictions often have robust legal frameworks that make it difficult for foreign creditors to access or seize assets held within the trust. Creditors from the settlor’s home country may face procedural hurdles or legal barriers when attempting to pursue assets held offshore.
  • Legal Barriers and Distance: Offshore trusts introduce geographic and legal distance between the settlor’s assets and potential creditors. Creditors seeking to enforce judgments or claims against the settlor’s assets may encounter challenges navigating foreign legal systems.
  • Confidentiality and Privacy: Offshore jurisdictions typically offer strong confidentiality and privacy protections. The identity of the settlor and beneficiaries can be kept confidential, making it more difficult for creditors to identify and target specific assets held within the trust.
  • Trustee Discretion: The trustee of an offshore trust has a legal obligation to act in the best interests of the beneficiaries as outlined in the trust deed. This includes managing trust assets and making distributions according to the specified terms. Trustee discretion can be used to resist creditor claims or requests, especially if the trustee is located in a jurisdiction with protective trust laws.
  • Asset Segregation: Once assets are transferred into the trust, they are legally owned by the trustee and no longer by the settlor. This separation of ownership creates a barrier against claims from the settlor’s personal creditors, as the assets are no longer considered part of the settlor’s estate.

Offshore Companies

An offshore company, whether in the form of an International Business Company (IBC) or Limited Liability Company (LLC), is a legal entity incorporated in a jurisdiction outside the country where its ultimate beneficial owners reside or conduct business. Offshore companies are commonly established in jurisdictions known for favorable regulatory environments, tax benefits, and confidentiality provisions.

Here are key aspects and benefits of an offshore company:

  • Legal Entity: An offshore company is a separate legal entity distinct from its owners (shareholders or members). This separation provides liability protection to the owners, as they are generally not personally liable for the company’s debts and obligations.
  • Tax Benefits: Most offshore jurisdictions offer favorable tax regimes, such as low or zero corporate taxes, no capital gains tax, and exemption from local taxes on foreign income. Offshore companies are often structured as pass-through entities, where income is taxed at the personal level of the members/shareholders in their home jurisdiction.
  • Confidentiality: Offshore companies benefit from strict confidentiality laws that protect the identity of shareholders, directors, and beneficiaries. Ownership details and financial information are kept private, enhancing asset protection and financial privacy.
  • Asset Protection: Offshore companies can be used to hold and manage assets, providing an additional layer of protection against legal claims, creditors, or political instability in the owner’s home country.
  • Streamlined Operations: When coupled with a trust, offshore companies offer an easy management solution. By incorporating a company where you serve as the manager, you retain a favorable degree of control over the trust’s assets while benefiting from asset protection and confidentiality.
  • Flexibility: Offshore companies offer flexibility in ownership and management structures. They can be owned by individuals, corporations, trusts, or other entities, and may have a single member/shareholder or be managed by appointed managers/directors.

Bank Accounts

Our banking partners are highly regulated and undergo regular audits, ensuring reliability and integrity on a global scale. By leveraging this offering, you gain access to international banking and investment opportunities, empowering you to safeguard and grow your wealth effectively.

Key Features and Benefits:

  • Global Investment Opportunities: Access an extensive online securities trading platform covering over 40 global exchanges, enabling investment diversification across stocks, bonds, mutual funds, and ETFs.
  • Precious Metal Account: Gain exposure to physical precious metals like Gold, Silver, or Platinum, securely stored in a vault in New Zealand, offering a tangible asset investment option.
  • Multicurrency Cash Management: Manage multiple currencies, fixed deposits, and global money transfers with ease through a multicurrency cash account, simplifying banking for international clients and enhancing fund management flexibility.
  • Fixed Deposit Options: Benefit from competitive fixed deposit rates, with enhanced rates available for larger deposits, offering potential for improved returns compared to standard savings accounts.
  • Fiduciary Deposits: Diversify and enhance returns by placing funds across multiple banks simultaneously through fiduciary deposit services, managed on behalf of the client.
  • Private Banking Services: Access premium private banking services tailored for high-net-worth individuals, including personalized attention, discretion, and a higher level of service suitable for wealth management.

Total Protection Package

The Total Protection Package combines a trust, offshore company (LLC or IBC), and dedicated bank account to safeguard your assets effectively. Here’s why this integrated structure is beneficial:

  • Asset Protection: Your assets are shielded from legal judgments and creditors through the combined strength of the trust, offshore company, and bank account.
  • Control and Management: As the manager or director of the offshore company, you retain control over asset management and fund utilization, aligned with the trust’s objectives.
  • Privacy and Confidentiality: Benefit from strict confidentiality laws in offshore jurisdictions, ensuring anonymity for the settlor/beneficiary.
  • Financial Flexibility: The dedicated offshore bank account supports multi-currency transactions and diverse investment options, optimizing financial management and reducing currency risks.
  • Creditor Protection and Risk Mitigation: Swift asset protection measures can be implemented in times of duress or legal challenges, mitigating risks and safeguarding assets.
  • Legal Compliance: Establishing entities in reputable offshore jurisdictions ensures compliance with regulatory requirements and reduces regulatory risks.
  • Continuity and Succession Planning: Support seamless asset transfer and management succession in accordance with the trust’s provisions.

This comprehensive solution is designed to provide peace of mind and effective asset protection within a well-regulated legal framework.