WHY BVI (British Virgin Island)?
The offshore funds have been created with the purpose of achieving reinvested capital growth free of capital gain taxes in the location of the fund.
The BVI is among the largest offshore jurisdictions for the formation of mutual funds with 2.500 funds and an estimated $60b in assets under management. The BVI provides a well-regulated environment with modern legislation designed to meet the needs of fund investors. Formation and operating cost are significantly low, which allows us to offer this no load cost fund. Other very important advantages are:
- British Overseas Territory Status.
- Political and economic stability and growth oriented local Government.
- English legal system. The final right of appeal to the Privy Council in London.
- Codification of modern banking, mutual fund, insurance, and trust laws.
- Innovative and flexible legislation with minimal regulations
- No taxes on international business companies.
- No wealth, capital gains, or state taxes.
- Asset security, and freedom to transfer and merge assets.
- Protection of wealth benefits, inheritance wishes and trust interest
