offshore funds
Overseas money pools
Offshore funds are investment vehicles established in jurisdictions outside an investor's home country, typically in locations with favorable tax treatment or lighter regulation—the Cayman Islands, Luxembourg, Bermuda.
The term carries a whiff of tax avoidance, though many offshore funds serve legitimate purposes like accessing international markets or pooling capital from investors in multiple countries: The hedge fund restructured as an offshore fund.
- tax havenZero-rate wealth jurisdiction
- Cayman IslandsCaribbean British overseas territory
- shell companyInactive firm for transactions
- shell gameStreet swindle with cups
- investmentDeploying capital for returns
Switzerland · banking secrecy · wealth · Luxembourg · assets · nest egg · trusts · portfolio · dividends · Panama Papers · loopholes · capital · evasion · private equity · numbered accounts · hidden wealth · repatriation · money laundering