FAQs

Q. What is ‘Going Offshore’

A. ‘Going Offshore’ simply means to place assets (bank accounts, brokerage accounts, etc.) outside of one’s own country of residence for the purpose of jurisdiction and taxation. ‘Going Offshore’ in many cases includes forming an offshore entity such as a company, corporation (IBC) or Foundation, and vesting ownership of domestic assets (car, home, real estate, etc.) with the entity.