offshore investment
Definition
Any investment housed in a country other than the investor's country of residence. Offshore investments are popular among investors that try to shelter large gains on investing from being tax heavily. Most offshore investments have to be legally recorded in the investor's country of residence or he/she may face stiff fines or possible jail time from concealing these investments from taxing authorities.
Recommended Articles from InvestorGuide.com
Investing Tips
Taxes and Off-Shore InvestingIn recent years, the U.S. government has become increasingly aware of the tax revenue lost to offshore investing, and has created more defined and restrictive laws that close tax loopholes. Investment ... Read more
