By Claire Cabot
Many international families require tax efficient structuring to
protect and enhance their diversified private fortunes, which have
accumulated over many years. The manner in which these assets are
to be held and how the chosen vehicles are to be administered
requires careful consideration of complex multi-jurisdictional
issues.
Numerous international families are in some way connected to the
UK, from global entrepreneurs who relocate, to tax exiles from
continental Europe. Having a property in London offers lifestyle
benefits and it can be argued that Britain's unusually
favourable tax regime entices people to live there. International
families choose Jersey as an offshore jurisdiction not only because
of its symbiotic relationship with the UK and close ties with the
City of London, but because of the professional expertise that
Jersey has to offer in the administration of tax efficient
structures for UK residents.
