Jersey is well-established as a leading offshore financial centre and has long been a key base for offshore banking and private wealth management.
If you are an expatriate living and working away from your home, there may be tax advantages to investing in Jersey, and managing your wealth via an offshore account. By holding some of your wealth outside your own country with Citi International Personal Bank, it may be possible to make the most of these advantages, while benefitting from the security of investing through a stable market.
As one of the Channel Islands, Jersey operates in a jurisdiction close to but outside of the UK and continental Europe, and offers a high level of security with tightly-controlled regulation from the Jersey Financial Services Commission (JFSC). It is the largest and most established of the Channel Islands in terms of financial services, particularly in the fund management sector where it is a world leader.
Over one in nine of the island's population is a financial services professional and many banks, investment management companies and brokers have chosen the centre as a base because it is politically and economically stable. Over £154.9bn is deposited on the island at one time and well over half of these funds are in foreign currencies.
Take advantage of offshore investing and offshore bank accounts at Citi International Personal Bank
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Whether or not you can reduce your tax liabilities by investing through Jersey is completely dependent on your personal and financial circumstances. These include where you live (your residence), and where you are from or pay your tax (your domicile), which may or may not be in a different country. It also depends on how you are investing and withdrawing your money – as a lump sum or as regular income for example. All of these factors have an impact but expatriates in particular may benefit from managing their money via Jersey offshore banking.
When you join us you become a member of one of the world's largest and most experienced financial services companies with global resources and leading financial experts to help you manage your wealth.
Accounts are available to clients wishing to invest with the minimum required balance. The minimum required balance is generally US$200,000, however, please note that in some countries the minimum funding requirements may be higher and some products and services may not be available due to local legal restrictions. Please contact us for further information.
Our current clients live all over the world, including the countries listed below. If your country is not listed you can still contact us to discuss your application as we may still be able to help you.
Take advantage of offshore wealth management in London and Jersey at Citi International Personal Bank
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