Investing tax efficiently abroad
Feb 19th, 2007 by complex001
I have recently moved abroad and sold and encashed my property and most of my assets. As a result of very good advice from my IFA I have invested all this cash into an offshore bond. The funds within the offshore bond accumulate very tax efficiently, and as long as the funds are invested there is no liability to taxation. Jointly with my IFA we selected some excellent investment funds in which we both invested and that are performing very well. I will leave these funds to grow until I need them and hopefully, within the next few years my portfolio will double in size.