What Key Benefits come from the use of Foreign Trusts?
1 . To hold and/or manage an offshore corporation engaged in international activities. 2. Holding assets obtained by international corporations engaged in multinational trading. Stocks, bonds, and cash investment products gained during international operations may be held in offshore trusts without being subject to taxes. 3. Protection of property and other assets from personal and corporate gain. In general, having property and assets transferred to a Trust can protect such assets from legal and political actions that may be taken against the owner. Transferring legal ownership to the Trustee(s) is the most direct form of asset protection and essentially transfers ownership of the assets to the Trustee(s). 4. Protection of wealth when living in unstable areas. Expatriates who settle in a region that is politically unstable or where there is a risk that a government will expropriate assets or impose exchange controls can protect their wealth by placing it in a more stable jurisdiction.
