OFFSHORE INVESTING IS LEGAL AND CAPITALIZES ON THE ADVANTAGES OFFERED OUTSIDE OF AN INVESTOR’S HOME COUNTRY. Typically, this refers to a wide range of investment strategies that focus on both wealth protection and creation and there is no shortage of money market, bond and equity assets offered by reputable offshore companies in a range of jurisdictions. Unfortunately, there is also no shortage of horror stories and with international ignorance on the development of the sector, many are still not aware of its benefit and how certain jurisdictions have been working diligently to ensure that they comply with all international requirements. St Lucia, being a small-scale economy with very few natural resources, has benefitted from growing its offshore business practice. It has done so in a purposeful fashion and it has positioned itself to provide favorable tax rates that are strategically designed to promote a healthy environment that attracts outside wealth. Having learned from its Caribbean neighbors, it has ensured that it has built its offshore sector on a position of trust, reliability and credibility. As such, its new resource of attracting legible investors has the power to dramatically increase its economic activity and strategically diversify its economy. Impressively, despite strong international pressure being placed upon its neighbors, including white paper reports on St Kitts and Nevis, St Lucia has quietly positioned itself to capitalize on the growing need by many looking for a legal shield for asset protection. Whilst ensuring that the existing laws for its jurisdiction allows that it distinguishes itself with legal credibility. It has also provided an opportunity to enable international entities to capitalize on little to no tax on corporation, with the proviso that the foreign company do not engage in local operations. However, many may argue that the secrecy surrounding offshore jurisdictions like St Lucia, means it could be a gateway for criminal activity. With the recent US white paper implicating St Kitts and Nevis as a potential route for illicit activities and further restrictions being placed by FATCA, this has brought into question the longevity of new jurisdictions and current investors have been concerned with eroding reputations of offshore centers, especially those whose international voices have not been heard. But with stringent laws in place and a common reporting standard, this could not be further from the truth for St Lucia. Admittedly no jurisdiction is perfect and the country still has room to grow and develop its sector, which allows for full disclosure in clear instances of drug trafficking, money laundering or other illegal activities  IMPACT ON GLOBAL INDIAN US RESIDENCE: In recent years the US Government has become increasingly predatory on lost tax revenue from US citizens and have created many restrictive laws that close tax loopholes. US citizens are now taxed on worldwide income and as a result, US citizens who use offshore entities to evade US federal tax on capital gains can be prosecuted for tax evasion. Therefore bad news for the bad guys but great news for US companies and individuals looking to legally and meaningfully utilize the security, confidentiality and prestige of St Lucia’s offshore sector 


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