Butterfield Trust Guernsey has launched a pre-immigration trust service for advisers with UK clients planning to work in Canada.
Paul Hodgson, managing director of Butterfield Trust Guernsey said: “The Butterfield pre-immigration trust allows high net worth individuals to earn income and gains from investment portfolios and UK properties free of Canadian tax for up to five years. They can make significant tax savings by being sheltered from the higher tax rate of 46%.” The trust is only available to high net worth individuals who have assets worth more than £1,000,000.
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