If desired, for maximum protection against litigation, an offshore trust can be provided to own the annuity contract and associated investments. Click Here to advise us of your interest in Tax Deferred Investment Opportunities. The foreign deferred variable annuity contract, properly established, results in a deferral of U.S. taxes on income and capital gains on investments made under the anniuity.
Taxes are due only when distributions are made from the contract.
If asset protection is also required, an offshore asset protection trust may be the owner of the annuity, providing the utmost of protection, privacy and flexibility, again allowing accumulation to be tax free until distributions are made. U.S. Citizens seeking a long term tax free accumulation combined with almost perfect asset protection. U.S. Citizens seeking long term overseas investments with the best privacy available. Non-U.S. Citizens who are about to become tax resident in the U.S. or are already tax resident, who wish to defer taxes until such time as they are no longer taxable in the U.S. Citizens of other countries where tax laws allow for deferred taxation of foreign variable annuity contracts. Maritime International Ltd. itself does not provide annuity contracts.