If it is low or tax free yield taxation that gives you inspiration you would be very well advised to follow the investment advice given on these pages.
Giving your government a slice of your hard earned personal savings is clearly to be avoided if at all legally possible and the very good news here is that it is.
The Dominican Republic has an extremely healthy financial attitude to its investors, it is almost too good to be true: "under present laws of the Dominican Republic, finance houses are not required to report investment or client information to any authority with respect to tax."
Quite simply savings and investment accounts in this jurisdiction provide an unparalleled choice of investment offering high definite and not just high potential returns for your savings needs for this year and any tax year.
National, federal or state and local taxes and for that matter standard bank savings accounts, or investments in bonds or coupon deposits have become such a part of modern life that we have almost been led to believe that they are inescapable but here, uniquely, is a real opportunity to change all of that and keep more of your money than you ever thought possible.
Carry out a quick financial health check and consider just two simple questions: how much tax are you paying and what is the interest rate you are getting on your current savings and investment accounts whether they are in standard bank savings accounts, bonds coupon deposits or any other low risk steady investment program? Compare that with an approximate 10% (this does depend on the currency and the period of deposit invested) entirely net of tax deductions and we are sure the comparison will provoke your interest.
Saving accounts can be set up in a variety of currencies including US dollar, British pound and European euro. A one year investment period or two year investment period can be selected and your tax free yield on this can be paid monthly or rolled together cumulatively with the principal.
Finally put an end to those interminable national, state and local taxes, join other smart investors and take some good sound investment advice by carrying out your simple financial health check, consider the low risk high interest rate on offer here and make your personal savings choice of investment the right one.
Whether it is for the short term or part of your private pension savings plan, to find out more give us a call or send an email to find out how genuinely easy it is to set up your tax free saving account.
