Thursday 17 May 2007

ShelterOffshore.com - a review


Working and acquiring Property Abroad may be a pipe dream for many of us, but for those with the vision it can be a reality. Two weeks ago I met a guy with extensive properties in Bulgaria, (he plans to retire out there), and this week one of my colleagues announced he was off to work abroad (again). Tax issues are a major concern for offshore workers as your hard-earned cash can become subject to a high-rate of income tax when you bring it back into the country. I have another (Maltese) friend who worked in Australia about fifteen years ago, to the best of my knowledge, his wages are still sitting in a bank in Australia as he will lose a very substantial amount if he brings his earnings home.
How are these pitfalls avoided? Well you get some good advice (preferably before you go..). Most of us avoid these kind of scary prospects because we just don’t know enough about the ins and outs. A service called ShelterOffshore has been launched offering plenty of advice to the wandering worker and offshore investor. From buying property to opening a bank account and even Offshore company formation, ShelterOffshore has valuable well-researched advice and assistance to offer under three major headings:

Each section contains a wealth of articles covering (in the case of ‘living’ and ‘property’) in-depth info for each of more than a dozen specific countries from Belize to new Zealand. Alongside these articles replete with idyllic photos of these faraway shores, sits the hard facts on tax avoidance and asset protection which will hopefully keep you solvent whilst enjoying the sun and scenery. If working or investing abroad is a reality for you, then you can do yourself a favour by taking note of what ShelterOffshore has to offer.



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