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The use of recognized offshore financial centers, or tax havens,
amplifies investment benefits. Offshore centers provide financial
institutions with a location in which they are not obligated to
pay capital gains tax, corporation tax or income tax.
There are a number of offshore centers, including the Channel Islands
(Guernsey and Jersey) and the Isle of Man. The Isle of Man in particular
enforces strict legislature on financial institutions. In fact,
all Isle of Man investors are covered by the Isle of Man Assurance
(Compensation of Policyholders) Regulation, which covers 90% of
every investment.
Other centers include the British Virgin Islands, the Cayman Islands,
Gibraltar, Dublin and Luxembourg. Your Inter-Alliance WorldNet's
Adviser is happy to provide more information on offshore financial
centers.
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