For the appropriate investor looking to achieve capital security, growth or income, there are a number of advantages to investing offshore, particularly with regards to utilising the tax deferral benefits. You can defer paying tax for the lifetime of the investment, so your investment rolls up without tax being deducted, but you still have to pay tax at your highest rate when you cash the investment in. As a result, with careful planning, a variety of savers could put offshore investments to good use.
Monthly Archives: November 2013
Whether it’s a long way off or just around the corner, having a plan in place for your retirement can help you get the lifestyle that you want. The State pension alone won’t be enough to ensure a comfortable retirement so it’s important to review your options as soon as you can to make sure you can afford life’s little pleasures once you retire. When it comes to planning for retirement, time is your friend. The earlier you start, the longer your money has the potential to grow.