Offshore Investment Accounts UAE

Offshore investment accounts for UAE residents and businesses are a smart way to diversify wealth, protect assets and grow your money in a tax efficient manner. These accounts allow individuals and companies to invest in global markets while benefiting from confidentiality and financial flexibility.

What is an Offshore Investment Account?

An offshore investment account is a financial account opened in a jurisdiction outside of the UAE. It allows you to invest in international markets while benefiting from tax advantages, asset protection, and financial privacy.

Also known as Global Investment Accounts (GIA's), these products are located in financial hubs such as Jersey and the Isle Of Man due to the tax efficiency and stringent regulations ensuring your investments are protected.

Offshore Investment For Expats In UAE

With an advantageous tax regime, it's important to hold your investments in a tax-efficient investment product. Whilst there are products available within the UAE, they come with their own set of rules and risks.

Offshore investment accounts provide expats and businesses with several financial advantages. The key benefits can be found below.

Key Benefits of Offshore Investment Accounts

  • Gain total asset protection with money held in segregated pooled client accounts with the world's largest financial institutions. Stringe nt regulation ensures your investments are protected in line with global best practices.

  • Fees start from zero setup and 0.25% p/a.

  • Access up to 80,000 financial instruments including low cost index funds, ETFs and mutual funds.

  • As long as you remain a UAE resident, all withdrawals will be paid gross with no Capital gains or income tax due on any growth achieved.

  • Invest in up to 11 currencies.

  • in various currencies with varying strategies, allowing you to invest and save for multiple objectives such as retirement, future educational fees, and wealth transitioning.

  • Invest and withdraw globally without the need to change providers. Perfect for the more transient expat investor.

  • Access your money at any time without any additional costs.

  • Offshore investment accounts allow for structured wealth transfer to future generations via beneficiary trusts, ensuring succession planning in a smooth and tax-efficient manner.

  • Bring your total global investments into one place, enabling a simple and effective investment strategy.

  • Housing your investments in a regulated and secure location provides a safe haven for your assets in uncertain times.

UAE Compliant Investment Bond

Due to the tax advantageous regime of the UAE, there is no requirement for a UAE-compliant investment bond. Unlike in Europe and the UK, with no personal tax or capital gains tax, an offshore investment platform provides total tax efficiency without additional cost or opaque charging structures.

FAQs

  • Our preferred locations are Jersey and Isle of Man due to their stringent regulations and client asset protection policies.

  • If you require advice, then yes, you can open an offshore investment account via our services. If you wish to self-manage, there are alternative products available, and you can contact the providers directly.

  • Our minimum investment value is £150,000 or its currency equivalent. For self management, you will need to contact the investment provider.

  • We charge a one-off fee of £3000 for recommending both the most suitable offshore investment account and investment allocation. We charge an ongoing fee of 0.85% for maintaining and rebalancing your portfolio to ensure it stays aligned with your financial goals and risk tolerance.

  • Yes, you can withdraw your money at any point. The only costs incurred will be the dealing charges of disinvesting from the funds held (£5-£12 per fund) and the bank charge for sending your payment (£5-£15)

  • Depending on your exact needs and objectives, our two preferred providers are Novia Global and Ardan International.

  • We do not provide offshore banking services, but you can open an offshore bank account online with several providers.

  • For expats in the UAE, the two main investment products we advise on are Offshore Investment Accounts and International SIPPs.

  • Yes, at our discovery meeting, we can understand your aims and objectives before implementing an investment strategy to meet your goals.