As increasing transparency and concern over reputational issues
cause a drop in the popularity of offshore structures, onshore
structures are becoming more attractively competitive.
The increasing globalisation of families, their business
interests and their personal investment holdings are key drivers
behind a rise in demand for onshore structures. In particular this
is increasing within the US and Canada which are deemed desirable
locations for the investment of capital and mobility and education
of family.
There is also a dawning realisation that offshore structures are
no longer as cost-effective or as advantageous, from a regulatory
perspective, as they once were. This goes in tandem with a general
decline in interest in the offshore world, where increasing changes
to tax regulations curtail any benefits that might have come from
such a structure. The introduction of rules to banish secrecy, plus
regulations geared to curtail tax evasion such as CRS and
