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Cash to invest

Last post Fri, Aug 17 2007, 9:39 PM by Pinkypants. 2 replies.
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  •  Fri, Aug 17 2007, 9:39 PM

    Re: Cash to invest

    Wow! You lucky devil! It may be worth investing in good financial advice - hopefully it will pay for itself if your money is well placed. Given the taxation situation, it would be best to keep your money offshore. I think the property market abroad has really taken off so I don't there is that much profit anymore. Have a look what the options are in the country you live in at the moment.

     Best of luck!
     

    • Post Points: 5
  •  Fri, Aug 17 2007, 3:22 PM

    Re: Cash to invest

    You could legally place the money in an offshore account and receive interest gross i.e. with no tax deducted.

    But you would still be liable for taxation at the current rates of the Country where you are currently liable to pay taxes, whatever their rate is ?

    • Post Points: 20
  •  Thu, Aug 16 2007, 5:17 PM

    Cash to invest

    Hi

    I have around £200K to invest and am looking for ideas.

    I am a UK citizen but am working in Europe and do not pay UK Tax, my wife lives works in the UK and is self-employed, she does pay UK  tax.

    any cunning plans how I can maximise my situation?

    Ideally I don't want to tie the money up for an extended period and would like to be able to get at it should the need arise

     

     

    • Post Points: 20