Benefits of Latin American residents:

1. Succession, keeping the family united it allows the assets to flow from one generation to another.

2. Probates, These are rules which need to be followed on the death of a family member. Probates can be avoided.

3. Confidentiality, in many cases probate risks safety.

4. Expense reduction, the probate proceedings are also a substantial expense.

5. Political risk, the assets of a country belonging to its nationals can be expropriated.

6. Asset Protection, it is a legal entity which is independent, assets in the Private Foundation comprise of assets that are legally separated. (Protection against, Divorce, Bankruptcy, future Creditors, , & Litigations)

7. Retention of control above the family patrimony, the client appoints the members of the Supervisory Board, who would supervise and must approve certain actions of the board.

8. Estate planning, the clients has the freedom to decide which family member will get which part of the property and that too under which circumstances.

9. Confidentiality, generally we use one of the service companies to act as founder. Such service company will be registered in the local registrar.

10. Efficiency in distributions. no withholding tax will be charged on distributions by the Private Foundation in the Netherlands Antilles.

11. Wealth -tax mitigation, the assets of the Private Foundation will get appreciated in value tax-free.

12. Political Neutral Jurisdiction, it has its own advantages to hold assets in an entity domiciled in the Netherlands Antilles, which forms a part of the Kingdom of the Netherlands. Netherlands is politically one of the most neutral jurisdictions. The seat of the International Court is in The Hague in the Netherlands.

13. Compliance, this is an ideal tool to help clients, who are holding their US cites assets, in tax-exempt companies like the BVI. This tool helps you avoid exposure to tax evasion charges in your home country.