Offshore Sunshine _ British Virgin Islands Money

Published / Last Updated on 15/01/2002

A new financial services regulator is being set up in the British Virgin Islands to provide enforcement, regulation and protection for the investor.

So how does that affect you?  Probably not much really unless you wish to benefit from investing offshore for tax benefits.  Many people do invest offshore in places such as the Isle of Man, The Channel Islands or further afield.  The BVI is fastly becoming a leading offshore financial centre and the move to establish a regulator is seen by us as essential in the development of resources, rule enforcement and investor confidence.

What do we think?  Well it actually helps that the best friend of one of the Directors at actually runs an Insurance and company formations company in the BVI.  He will be visiting him shortly and will no doubt discuss areas that may be of benefit and interest to you, our users and clients. 

We are in constant contact with offshore centres such as the BVI and will keep you informed.

If you would like to know more about the benefits of offshore investment and tax planning strategies generally please contact us.

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