Jurisdictions To Set Up An Effective Offshore Trust To Maximize Your Benefits


Offshore trusts

An offshore trust is simply a legal entity that is established in a jurisdiction different from where the trustor is domiciled. One major benefit of an offshore trust is asset protection.

Trusts may be revocable or irrevocable; discretionary or specific. The most common is the discretionary trust.

Anguilla
The Trust CO.s & Offshore Banking Act

Bahamas
Banks and Trust Companies Regulations
Act 2000

Belize
Belize Trust Act Revised 2000

Bermuda
Trusts (regulation of trust business) amendment act 2005

British Virgin Islands
Virgin Islands Special Trusts Act, 2003

Cayman Islands
Banks and Trust Companies Law (2007 Revision)

Cook Islands
International Trusts Act 1984

Gibraltar
Financial Services (Investment and offshore-trust-and-Fiduciary Services) Act

Isle of Man
Financial Services Act 2008

Jersey 
Trusts (Jersey) Law 1984

Malta
Trusts and Trustees Act

New Zealand
Trustee Act 1956

Nevis
Nevis International Exempt Trust Ordinance of 1994

Seychelles
The Seychelles International Trust Act 1994 (Act 26 of 1994)