Proportion of HNWIs investing offshore rises

The wealthy are showing a keen interest to invest offshore, as the HNWIs seek  to achieve benefits from global diversification and gain tax efficiencies.  The proportion of  HNWIs who invest offshore has risen from 11.2% in 2014 to 16.9% by December 2018, , according to GlobalData's HNW Offshore Investment survey. They survey showed that 24% of European investors offshore the largest proportion of their wealth to achieve tax efficiencies, while 41% of North Americans invest the largest proportion offshore to diversify. At a global level, 17% of HNWI wealth is invested outside one's co...