Onshore and offshore investments
This blog explores the difference between onshore and offshore investments and the relative merits of each.
Millions of pounds flow in and out of the UK every day as people take advantage of the global market place
for goods, services and investments. Thanks to the global communications revolution, a person with money to invest can now look far beyond the borders of their country of residence for opportunities. But we do not live in a truly global system, and no transfer of money is ever completely free. States still require their citizens to pay tax and are increasingly turning their attention to those who are trying to avoid their tax obligations by moving their money abroad. So how can someone take advantage of what the world has to offer while still remaining on the right side of UK law?