SJP Multi-jurisdiction protection

Financial advisory across borders.

They say there are only two certainties in life: death and taxes. The latter has been subject to increasingly pervasive regulation and close scrutiny from tax authorities across the globe. That’s why high net worth individuals with assets across multiple jurisdictions need the right financial advisory so you can formulate new wealth structures or remediate old ones.

Today, there is a more compelling argument to construct or adopt a combination of onshore, mid-shore and also offshore structures. But to do this successfully, you need genuine multi-jurisdictional perspectives and expertise, as well as the ability to tap into long-standing relationships with key professional services across the world.

The benefits of multi-jurisdiction structuring

Whether you’re performing international trade, or managing assets and investments across borders, everyone knows offshore structuring has its advantages. While several jurisdictions provide offshore structuring packages for management of investment and wealth, each jurisdiction has unique treaties with partnering countries which means you’ll need to be very conscious of different regulations.

The reality is, your source of investment and fund destination will always come into play. Which is why multi-jurisdiction investment plans need to be personalised to take full advantage of each jurisdiction’s structure and ensure that your unique wealth management needs are met.

Let's talk

Amid economic uncertainty, a plan is critical as investors are more likely to act on emotion rather than fact.”

Gary Harvey
Chief Executive Officer, St. James's Place Singapore.

Wealth planning: The state of play in Asia

Asia is a region of immense opportunity, but each generation has different needs that need to be addressed properly. Well imagined and personalised wealth structuring is essential.

  • The senior generation and traditional businesses are holding much of the ‘older’ wealth and passing on swathes of wealth to second and third generations.
  • There are more and more wealthy entrepreneurs across Asia, and new multi-millionaires are being minted at an incredible rate in India, China and Vietnam.
  • The younger generation is returning from overseas armed with big plans for the future. They are ready to inherit wealth and build new concepts for the future of work.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

To stave off the damages of rising costs, tax authorities are getting tough on tax enforcement to protect tax revenue. If you’re running a business, or own assets that are registered across multiple jurisdictions, you’ll want to devise new strategies that comply with multi-jurisdiction challenges while minimising double taxation.

Learn more about tax planning

Unless you’re a professional investment banker, you can’t be expected to know every conceivable type of investment and forecast how each asset class will perform, let alone predict which niche investments will perform best in each respective jurisdiction. Seek the council of financial planners from specialist firms.

Identify the right jurisdiction for your funds

While they might appear similar, geographical limits and jurisdiction limits tend to be separate clauses. Geographical limits are defined by physical boundaries, meaning you’ll be covered for any claim that happens within a specific region. Whereas jurisdiction limits pertain to claims brought in specific courts as well as contracts covered by a jurisdiction’s laws.

Get clarity on your insurance policies

The St. James’s Place advantage for multi-jurisdiction financial planning

A one-size-fits-all approach never satisfied anyone - especially when it comes to multi-jurisdiction financial planning. Regulatory requirements differ, tax implications vary, and no two asset portfolios are alike.

Our network of globally dispersed financial advisors engages leading fund managers so that you have a smorgasbord of investment, tax and insurance options to complement, protect, and grow your globally dispersed asset portfolio.

Our mission is to work closely with you, while keeping you in the driver's seat. We want to give you the confidence to take proactive steps so you can save on taxes, secure your retirement and protect your wealth no matter which country it resides in.

Find our more about the SJP approach
What are your options?

Although your QROPS may be performing as anticipated, this is a complex area of financial planning that frequently includes a sizeable investment. Find out more in detail about your options.

Contact us today