Offshore Bonds
An offshore investment bond is that which is administered outside of the UK. One of the main considerations for any investor is the effect of taxation.
When you buy a bond you will be allocated a certain number of units in the fund of your choice. Each fund will hold a Portfolio of Investments such as shares or bonds and the price of your units (the value of your capital which can rise and fall).
Offshore bonds might be of interest to you if you are:
- planning to defer cashing in an investment until a time when you will be in a lower tax band
- looking for ways to minimise your inheritance tax liabilities
- planning to work or retire outside of the UK in the future
- seeking access to the types of investment fund not commonly available within the UK domestic insurance bond market
The value of offshore investments can fall as well as rise and is not guaranteed - you may get back less that you invest. The value of tax benefits is subject to change and dependent on individual circumstances.