Why Offshore

Placing your money in one of our offshore centers can provide a range of benefits including:

Security and confidentiality with no exchange control restrictions, allowing capital to be freely moved without formality

Interest on your savings and investment accounts may be paid gross, without deduction of tax at source (although you may have a liability to tax elsewhere).*

Holding assets offshore may have some tax planning advantages.*

There may be inheritance tax benefits for clients dependent upon domicile.*

Sophisticated worldwide communication links facilitating ease of access.

*Note: BAM Asset Management is not a tax adviser and we recommend that if you are in any doubt as to your tax position you should seek independent advice from an accountant or other suitably qualified adviser. The level and bases of taxes may change.

Modern legislation in our Offshore Centers

BAM has chosen to work with a few particular offshore locations because of their modern legislation on banking, collective investment funds, insurance, investments and trust companies. The aim is to protect the investor and ensure that the industry is highly regulated. In addition, specific legislation exists to maintain the reputation designed to keep our centers free of the proceeds of drug trafficking, insider dealing and money laundering.

Standard & Poor's have awarded all of the offshore centers we principally use; The Cayman Islands, the Isle of Man, Guernsey and Luxembourg, a AA+ rating while Moody's have awarded them all a AAA sovereign credit rating.

These locations possess a highly skilled population to support the continued success of the industry. Their policy is to be both economically competitive and internationally responsible.