Expat Investment Platforms
Investment platforms are common in developed markets such as the UK, but options designed specifically for expats have been few and far between. This is now changing and many established onshore platform providers are now entering the offshore market successfully.
The expat market is flooded with inflexible 'offshore bonds', making the benefits of platforms a welcome change for many investors as improved transparency between client and advisor leaves no doubt over what charges are being paid.
Online access tends to be more advanced, generating detailed reports and valuations in just a few clicks. Reduced administration means accounts can be opened quickly, providing easy access to fund research, comparison tools and online trading capability.
How much do I need to invest?
Platforms can be opened with relatively small amounts and while many fund managers require substantial capital to invest directly, platforms provide that purchasing power with much smaller quantities.
While platforms are compliant in most countries, tax residency has an impact on suitability. Countries such as Spain for example. where the use of locally compliant offshore bonds has significant domestic tax advantages and shouldn't be ignored, platforms may be less suitable. In such cases, avoid fixed charging as detailed in our page on Offshore Bonds.
Pensions can also be invested through integrated platforms removing the need for separate trustees, so you can view how your assets are performing and enjoy all of the technical aspects that platforms provide.
To learn more about secure, low-cost investment platforms, complete our contact form we'll provide you with the trusted guidance you're looking for.