An offshore trust is simply a legal entity that is established in a jurisdiction different from where the trustor is domiciled. One major benefit of an offshore trust is asset protection.
Trusts may be revocable or irrevocable; discretionary or specific. The most common is the discretionary trust.
Anguilla
The Trust CO.s & Offshore Banking Act
Bahamas
Banks and Trust Companies Regulations
Act 2000
Belize
Belize Trust Act Revised 2000
Bermuda
Trusts (regulation of trust business) amendment act 2005
British Virgin Islands
Virgin Islands Special Trusts Act, 2003
Cayman Islands
Banks and Trust Companies Law (2007 Revision)
Cook Islands
International Trusts Act 1984
Gibraltar
Financial Services (Investment and offshore-trust-and-Fiduciary Services) Act
Isle of Man
Financial Services Act 2008
Jersey
Trusts (Jersey) Law 1984
Malta
Trusts and Trustees Act
New Zealand
Trustee Act 1956
Nevis
Nevis International Exempt Trust Ordinance of 1994
Seychelles
The Seychelles International Trust Act 1994 (Act 26 of 1994)
