Benefits of Offshore Investment
Offshore financial institutions normally offer higher returns
on investment than their domestic counterparts because the
offshore institutions operate in a tax free environment. These
institutions are located in regulated jurisdictions (including
Switzerland, Hong Kong, Singapore, Cayman Islands and Bermuda)
and each offers a different range of services including mutual
funds, insurance based products, and credit cards. Each has
different minimum account opening balances (ranging from $7,000
to $500,000 USD). Full disclosure of beneficial ownership
and source of funds to the financial institution is a pre-requisite
to opening an account.
Financial institutions we do business with include:
|
Macquarie Bank (New Zealand and Australia) |
|
Bank of New Zealand (New Zealand and Singapore) |
|
Barclays Bank PLC (Cayman Islands and Jersey) |
|
Credit Suisse (Switzerland) |
|
Australia New Zealand Bank (Cook Islands) |
|
Hong Kong and Shanghai Banking Corporate Ltd (Hong Kong
and Isle of Man) |
|
Bank Sarasin (Switzerland) |
|
Sarasin Investment Management Ltd (United Kingdom) |
|
Pictet & Cie Bankers (Luxemburg and Switzerland) |
|
Bank von Ernst (Switzerland) |
|
Lines Overseas Management (Bermuda and Cayman Islands) |
|
Bank of Butterfield (Bermuda) |
How Can NZTIC Assist?
NZTIC can assist you with establishing an investment relationship
with an offshore financial institution. Please contact us
for further information on the range of offshore institutions
and investments.
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