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What advantages do you see in offshore investing versus domestic investments? Is it really a tax advantage?

I answer this question in one form or another every few weeks, so for longer answers you might want to search the board for "offshore".

The short answer is "no," not for 99.9% of people who are considering it. And not only do the tax advantages not exist for most people who do it with that false expectation, but they make their tax situations worse by forming an offshore company to hold their investments, which can cause real problems for someone without a US tax advisor who knows what he's doing.

This doesn't mean that no one should ever invest offshore. It just means you shouldn't invest offshore without an experienced attorney advising you about the tax and legal consequences. There are some good reasons to invest offshore - greater range of investments, asset protection (if the right kinds of structures are used), privacy, etc.

Chris Riser
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