Nominee Services and Offshore Privacy Protection

People who lack the finances and wealth often wonder why the rich and well–to-do go to such large extents to protect their wealth and finances in hidden offshore locations. Some people move their funds through means such as offshore trusts, offshore bank accounts and offshore companies all to guarantee anonymity. Even those with a known source of wealth will often want to restrict the details of what they own and how they came to own it from public view. With the all invasive public world we live in, privacy is an essential commodity whether this privacy is achieved by gated compounds or offshore asset protection aids.

Someone who wishes to purchase or own property in a jurisdiction perhaps such as the United Kingdom may not wish to purchase such a property publicly. Rather than do this the person establishes an offshore company with nominee directors who are essentially directors who bear no financial stake in the company but represent the owners of that company. In essence you get to own the property but if people want to find out who owns the property they get the address of an offshore company and further scrutiny as to the ownership of the company will reveal nominee directors and not you.

There are many reasons why people would want to use nominee services to own assets, bank accounts and property. The threats of kidnapping for such purposes as ransom are all too real, that aside not all publicity is good publicity, some people will move against other people purchasing certain assets for no other reasons than sheer prejudice. The world is not necessarily a friendly place and services like nominee services, provide you with the privacy to enjoy what you own and purchase without other people generating a fuss about it.