Frequently Asked Questions

  • Frequently asked questions

    What is an offshore brokerage?

    An offshore equity brokerage is simply one that is based offshore, and allows you to buy regular ‘onshore’ equities from an offshore base. As well as preserving confidentiality, it may help avoid national stamp duties and capital gains tax, although it won’t directly help you to escape taxes.

    What is a recognized exchange?

    A stock exchange with a regulatory and supervisory regime and is up to the standards of established stock exchanges in high-tax countries.

    How do I enquire about becoming a client?

    We believe a quick discussion is always a great place to start. To this end, simply email us few basic details and we will contact you shortly to establish a broad outline about the issues you are looking to address (‘contact us’ page) or give us a ring and a senior member of our staff will be pleased to talk to you.

    Who will look after my affairs?

    Every new client is assigned an account manager most suited to their personal circumstances. However, we do advocate a team approach and you will, occasionally, find you are introduced to additional specialists, as your needs may require the specialist skills of someone else within the group.

    I already have a financial advisor. Does this make a difference?

    Other than out of professional courtesy they should be aware of any work we do with you, to ensure a consistent tax approach is implemented across your portfolio, already employing the services of a financial adviser poses no real practical difficulties.

    Do I need to provide references?

    You will not need to provide references to become a client the concept of active stewardship.

    What tax will I pay on my investment?

    Personal taxation is a complex issue and we strongly recommend that you contact an appropriately qualified investment professional in either your home country or your country of residence to provide you with suitable advice.

    If I sell my investment, how long will it take before I receive the proceeds?

    Settlement should normally take no more than one week from the time you place your instruction to sell (except in exceptional circumstances or in respect of our low liquidity funds). You should note however that settlement periods vary from product to product and proceeds are usually only ever released once our settlement requirements have been met. Please contact us for further information on how to place an instruction to sell and/or for our settlement requirements.

    Is it legal for me to make offshore investments?

    This depends first on where you live. Many countries, including the US, Canada, the UK, France and some other EU countries, make it illegal for offshore investment providers to advertise their products domestically. Despite this, generally speaking it is not illegal for you to make offshore investments (although the US is particularly restrictive). It is illegal in almost all jurisdictions for you not to declare the income or gains from offshore investments to your local tax authorities.

    Why might an offshore investment be superior to an onshore investment?

    The first answer, is, because it is often more lightly regulated, meaning that the behavior of the offshore investment provider, whether he be a banker, fund manager, trustee or stock-broker, is freer than it could be in a more regulated environment. Any regulator in a high-tax country will immediately say, oh, of course, if it’s unregulated, then it is riskier. Well, they would say that, wouldn’t they?

If you have a question that isn’t covered in this FAQ, and/or would like to speak to an advisor, please don’t hesitate to contact us immediately. A member of our team will be happy to help with your enquiry.