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Offshore
savings plan features |
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Offshore savings plans offer a flexible way for
expatriates to save money for their children's education
costs, retirement and other future obligations because
of the following features.
The plans move with you
Offshore savings plans go with you wherever you choose
to go allowing you to continuously contribute to your
plan.
Multi purpose
You can use offshore savings plans to save for more than
one reason for example you could combine your pension
and children’s education savings.
Contribution flexibility
Offshore savings plans provide the flexibility to take
contribution holidays or reduce premiums subject to the
plans terms and allow you to increase your
premiums and add lump sums. You can make monthly,
quarterly, six monthly or annual contributions by bank
standing order, visa and master card.
Investment flexibility
Offshore savings plans offer a wide range of funds and
provide the freedom to easily switch between funds
giving you the ability to tailor your fund selection to
suit your ongoing savings requirements and attitude to
risk. The investment flexibility also enables you as you
near your chosen retirement date to switch to low risk
fund options to preserve gains.
Withdrawals
Offshore savings plans allow you to make partial
withdraws and withdraw the full amount as a lump sum
when you retire.
Security
Offshore savings plans provide a high level of client
protection and confidentiality because there established
in highly regulated offshore centres.
Tax
Offshore savings plan funds enjoy tax-free growth. The
plans add investment growth to your plan without
deduction of tax (with some exceptions in jurisdictions
where withholding taxes imposed on dividends are not
recoverable). You will also receive the proceeds of your
plan, or any partial withdrawals, without the deduction
of tax by the offshore company.
Contact
To contact us simply complete the
savings enquiry form
or send us
your requirements by
email.
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