What are Offshore Tax Havens?
A. A tax haven is a place where certain taxes are levied at a low rate or not at all. Offshore tax havens are independent islands such as the Isle of Man, Guernsey, Jersey etc. that do not impose income tax or capital gains tax on investments held by non-residents. Expatriates who are non-tax resident from their home country can often benefit from completely tax-free growth on investments that they hold through financial institutions based in offshore tax havens (please note that the above content is for information purposes only). To know more about offshore tax havens and their regulations, please check the following sites – Isle of Man – www.gov.im Guernsey – www.gov.gg / www.gfsc.gg Jersey – www.gov.je / www.jerseyfsc.org Hong Kong – www.hkma.gov.hk Dublin – www.ifsc.ie Luxembourg – www.bcl.lu British Virgin Islands – www.bvi.org Cayman Islands – www.caymanfinance.gov.ky Back to the top.
