International Wealth Structuring
Helping Successful Families and Entrepreneurs Protect their Assets
Key contact
If you're a high-net-worth individual, it's important to protect your assets.
Many of our clients are foreign nationals that have entered the UK using the Tier 1 Investor/Entrepreneur visas and are planning to secure their wealth and pass it on to future generations.
That's where we come in. Healys helps successful families and entrepreneurs protect their assets through a wide variety of wealth structuring. We can advise on international and domestic trusts in local and offshore jurisdictions, as well as advise on where is best to keep your assets and the necessary tax reporting on your wealth if you enter the UK. We also work with you to ensure property purchases are structured in the most tax-effective and beneficial manner for you and your family.
With over 20 years of experience assisting clients with their wealth structuring needs, we are able to offer practical, commercially sound advice that is tailored to each individual situation to protect your hard earned wealth.
How We Can Help
Below are some common questions the team gets asked and what help we can provide:
- When arriving in the UK, when do I pay taxes? Does the reporting of tax cross international borders? Can I defer paying UK taxes? The team provides advice on income and capital gains tax to those arriving in the UK for the first time, whether settling there as an immigrant ,or for work or other reasons, based upon the client’s residence and his or her domicile.
- How long can I stay? How many visits can I make? The team provides advice as to timing and frequency of visits in relation to residency in the UK and also as to “principal private residence relief” for UK dwellings owned by foreign clients.
- Who will run my business if I die? Who will run my business if my spouse and children are not best suited to take over the business? The team provides advice regarding succession planning for the businesses of international clients.
- Can I have my international wealth protected and preserved in a foreign sanctuary but withdraw funds from time to time without undue penalties? The team advises international clients on protecting and preserving their international wealth through trusts and other offshore vehicles, as well as providing tax effective strategies to draw upon the trust funds so that the beneficiaries may enjoy the benefits at relatively little cost in taxes.
- Can I undo what has been done and arrange it differently? While it may often be too late to undertake planning with the benefit of hindsight, we can advise whether some restructuring and remedial actions can be taken to rescue missed planning opportunities.
- How can I consolidate my international entrepreneurial activities under one roof? By the use of offshore trusts and other corporate group holding and functional vehicles, the client’s global trading and wealth management vehicles can be consolidated under a single “umbrella”.
- I am too busy doing what I do best to analyse the legal and technical details- I need comprehensive advice explained to me in simple terms. The team provides comprehensive advice backed up with understandable summaries highlighting the needs, solutions and actions to be taken for the busy entrepreneur or those less interested in the technical detail.
- What if the tax laws change? What if the tax planning is out of date? The team can review and conduct “health-checks” on existing planning, which may be subject to changes in tax laws or changes in family and other dynamics. While tax may be one of the main objectives, there are usually other non-tax benefits for the estate planner and his family, and there are usually ways to restructure to take account of recent developments.
- How can I make business and investment decisions, buy and sell properties and look after the interests of my family if my wealth is managed by trustees and directors of corporate entities? The team advises clients and their trustees on strategies to optimise the protection and tax efficient management of wealth, while providing clients sufficient flexibility and scope for achieving personal aims and ambitions within the planning.
