Caravel Partners
Caravel Partners Independent Wealth Advisory for Africa
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Offshore Trusts

Asset protection, tax efficiency, and intergenerational wealth transfer through international trust structures.

An offshore trust is one of the most powerful tools available for protecting and transferring wealth across generations. By placing assets into a trust established in a well-regulated international jurisdiction, you create a legal separation between yourself and your assets — providing protection from creditors, political risk, forced heirship claims, and the inefficiencies of probate. For African families building multi-generational wealth, trusts are not a luxury — they are a necessity.

What Is an Offshore Trust?


A trust is a legal arrangement in which you (the settlor) transfer assets to a trustee, who holds and manages those assets for the benefit of your chosen beneficiaries according to the terms you set out in the trust deed. The trustee has legal ownership of the assets, but they must manage them solely for the benefit of the beneficiaries — not for their own benefit.

An offshore trust is simply a trust established in an international jurisdiction — typically Jersey, Guernsey, Mauritius, or the British Virgin Islands. These jurisdictions have sophisticated trust legislation, experienced trust companies, independent courts, and a long track record of protecting settlors’ intentions.

Why African Families Need Trusts


Asset Protection: In many African jurisdictions, personal assets are vulnerable to business creditors, political risk, and legal claims. Assets held in a properly constituted offshore trust are legally separate from your personal estate and are generally beyond the reach of local creditors and courts.

Probate Avoidance: Probate in African jurisdictions can take years — sometimes decades. During this period, assets are frozen, businesses cannot operate, and families are left in limbo. Trust assets do not form part of your probate estate. They pass to your beneficiaries according to the trust deed, immediately and without court involvement.

Forced Heirship Protection: Several African jurisdictions have forced heirship rules that override your will and dictate how your estate must be distributed. An offshore trust, if properly established, can protect your assets from these rules and ensure your wishes are respected.

Intergenerational Planning: A trust can be structured to provide for multiple generations — your children, grandchildren, and beyond. You can set conditions on distributions (such as reaching a certain age or completing education), appoint protectors to oversee the trustee, and build in flexibility to adapt to changing circumstances over decades.

Choosing the Right Jurisdiction


Mauritius is often the preferred jurisdiction for African clients due to its network of double taxation agreements with African countries, its proximity to the continent, and its well-developed financial services infrastructure. Mauritius trusts are recognised and respected across Africa.

Jersey and Guernsey offer the gold standard in trust legislation and judicial precedent. They are ideal for larger estates and more complex structures, particularly where UK or European assets are involved.

We help you select the jurisdiction that best fits your specific needs — considering your country of residence, the location of your assets, your beneficiaries’ circumstances, and the tax implications of each option.

Our Process


01

Objectives Workshop

We understand your goals — asset protection, tax efficiency, succession planning, or all three — and assess whether a trust is the right structure.

02

Jurisdiction & Trustee Selection

We recommend the optimal jurisdiction and introduce you to reputable trust companies with experience serving African families.

03

Trust Deed Drafting

We work with specialist trust lawyers to draft the trust deed, letter of wishes, and any ancillary documents.

04

Asset Transfer & Ongoing Governance

We coordinate the transfer of assets into the trust and establish the ongoing governance framework — trustee meetings, investment mandates, and distribution policies.

Next step

Every strategy begins with a conversation. We would welcome the opportunity to understand your circumstances and show you what is possible.

Key Facts

Jurisdictions
MU, JE, GG, BVI
Minimum Estate
$500,000+
Setup Timeline
4–8 weeks
Annual Trustee Fees
0.5–1.5%
Asset Protection
Strong
Probate
Bypassed

Book a Consultation

Speak with an adviser who understands the African context. No obligation, no sales pressure.