Offshore investments 'strong', research shows

Thu, 17 Jan 2008

Financial advisors expect that offshore investments will remain "strong", new research has revealed.

A poll of 133 offshore investments advisors found that 78 per cent believed the volume of international business they transact will stay the same or increase in the near future.

The research, carried out on behalf on Legal and General, also found that nine out of ten advisors were drawn to international investments because of the tax planning benefits they offered.

David Fagan of Legal and General said that the UK market for offshore investments had "grown strongly in recent years".

Recently, Property Frontiers said that investments such as shares and funds in emerging markets in China and India might be a good way to profit from the economic boom the countries were experiencing.

It said: "For the sake of easy access to the market, repatriation of their funds et cetera, funds or the stock exchange may be a very good way of making investments ."
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