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Questions

Frequently asked

What is offshore asset protection?

Offshore asset protection refers to the legal strategy of placing assets in foreign jurisdictions, outside of your home country, to safeguard them from risks such as lawsuits, creditors, or political instability. This is typically done through structures like offshore trusts, LLCs, and international bank accounts.

Who needs offshore asset protection?

Anyone with a net worth of at least USD $1MM should strongly consider protecting their assets with an offshore trust. Given that wealth attracts attention, as a person's wealth increases, so does the likelihood of being faced with a lawsuit. When it comes to litigation and protecting assets, it is always better to be proactive as opposed to reactive. Having the right offshore structure in place will provide complete peace of mind.

What are the best offshore jurisdictions for asset protection?

Belize and the Cook Islands offer the most robust asset protection in the world. Both countries have strong case law history, do not recognize foreign judgments, and have implemented specific laws that focus exclusively on asset protection.

What type of assets can be held in an offshore trust?

A variety of assets can be held in an offshore trust. Assets include LLCs, cash, bank accounts, investment accounts, cryptocurrency, real estate, intellectual property, private jets, exotic cars, yachts, and business inventory.

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