Latest News for: Offshore wealth residence

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Pension funds and emigration: tax could be the make-or-break factor

Independent online (SA) 02 Apr 2024
Investing in an offshore retirement fund is one way of growing your wealth in a stable economy over the longer term, or even gaining residency in a foreign country ... When you invest offshore directly, ...
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Tight Tyson! Heavyweight champion Fury dumps his own rubbish, won

The Daily Mail 16 Mar 2024
This would be another pricey purchase, but the Isle of Man is also an offshore tax haven for the super-rich. Residents do not have to pay wealth taxes, capital gains taxes or estate taxes, and only have to pay 20 per cent for personal income tax.
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Taxpayers may face up to 7 years in prison for not disclosing offshore assets in ITR

Financial Express 06 Mar 2024
... the ‘the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015’ (‘Black Money Act’) to deal with unaccounted offshore wealth being accumulated by Indian tax residents.
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