In fact, depending on your situation, international investing may offer you many advantages. It refers to a wide range of investment strategies that capitalize on advantages offered outside of an investor’s home country. There are several reasons why people invest abroad: Asset Protection, Tax reduction, Confidentiality, Diversification of Investment, etc.
Nonetheless, one of the disadvantages is cost. International accounts are not cheap to set up. Depending on the individual’s investment goals and the jurisdiction he or she chooses, an international corporation may need to be started, and that may mean steep legal fees, corporate or account registration fees. Contact us for more information.