Investment Planning using an 'Insurance Wrapper'
For more information or to arrange a meeting with an adviser  please complete the form below.
Luso Financial Planning  is a trading name of C A Lee - Licensed and regulated insurance broker authorised by the Instituto de Seguros de Portugal under Nº 309310621 for life and non-life insurance business and pension funds. With pasporting rights to operate in throughout the EU under Freedom to Provide services. Click on the relevant regulator icon for more information

Copyright © 2016 Expat Financial Planning Terms and Conditions
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Being an expatriate or an international investor, keeping on top of your investments, funds and portfolios can be complicated. Planning on how and where to invest should be a well thought out process taking in to account your risk profile, investment objectives, country of residence, tax & estate planning are just some considerations.

Tax Residents in Portugal enjoy substantial benefits by investing through an 'insurance Wrapper' available from some of the worlds largest financial and most secure groups such as Generali Pan Europe, SEB, Old Mutual in EU Juristictions such as Luxembourg and Ireland.

Some of the key benefits include the following:
Luso Financial Planning




Tax-efficient Investments
An expatriate who becomes tax resident in Portugal may wish to consider cross-border investments to manage their tax liability and/or control when tax charges are made. In Portugal, life bonds held for longer than eight years are treated more favourably for taxation purposes than mutual funds, while investors looking for an actively managed proposition will find that their assets are sheltered from capital gains charges in a life bond.

Investments in a cross-border life product grow virtually free of tax throughout the time the product is held, suffering only a small amount of irrecoverable withholding tax on investment funds located in certain countries. They allow policyholders, in general, to manage when they take benefits and potentially to defer the benefits to a period that may be more advantageous from a taxation perspective.

Investment Choice
Cross-border bonds generally feature a wide range of  funds specifically tailored to fit with expatriate clients’ preferences and attitude to risk. They also offer access to international and specialist fund managers which may not be available in domestic fund and insurance markets.

Non-Portugal Situs Assets
Expatriates who are non-resident in Portugal for tax purposes may be advised to use crossborder investments, including cross-border life products, rather than domestic Portuguese investments, to keep their assets outside of Portugal and avoid creating Portuguese-sourced investment income.

Estate Planning
Expatriates, such as UK domiciled individuals looking to mitigate UK inheritance tax, may wish to consider estate planning options such as a cross-border bond held in an appropriate trust, if UK or Irish law applies to the policy. If the policy is written under the laws of another EU country, a policyholder can normally nominate beneficiaries to receive the policy benefits.


Designed for Expatriates
Most companies offering cross-border life products are subsidiaries of global financial services companies specialising in dealing with expatriates on a multi-lingual, multi-currency basis.

Cross-border products can offer significant benefits over and above what might be available in the local domestic markets, particularly in relation to product features, investment flexibility and investment choice.

The cross-border life companies are regulated in first class jurisdictions which benefit from strong regulatory controls.

A cross-border product has the flexibility to adapt to changes in your individual circumstances, including changes in your residency status.
For more up to date tax information for Portugal residents and benefits of 'insurance Wrappers click here
(Source Association of International Life Offices (AILO) http://www.ailo.org)