Foundations were introduced approximately 100 years ago in Western Europe.

In most cases, but not all, clients who form a fiduciary or corporate structure will need an offshore or international private banking account to go with it. NTL Trust has the status of professional introducer with banks, thus providing our customers with up-to-date information directly from the source as well as freedom of choice.

We offer our objective professional opinion when comparing the services of several offshore banks. NTL Trust team members always try to find the best match between the client and the offshore bank. The client is of course better satisfied when he/she is provided not only with the service he/she needs, but also when he/she is serviced by a bank that also feels comfortable about the relationship.

All banks we work with offer Internet banking including the ability to send international wire transfers, accounts in all major currencies and credit or debit card facilities.

In order to give you further information on bank accounts, we’ll first need to conduct a short interview with you to understand better what it is you want to get out of the banking relationship. We will then recommend you to the most suitable bank and effect an introduction.

Their use for estate and asset planning started in Liechtenstein in the early part of the 20th Century. Foundations have since become popular across the globe, especially in civil law jurisdictions where the concept of ‘Anglo Saxon Trusts’ is less well known.

A foundation is a separate legal entity, without members or shareholders, and is generally established to reflect the wishes of the founder, who may be an individual or a corporate entity. These wishes are contained within the Foundation’s Charter and Regulations. Foundations can be established for a fixed or indefinite period of time and can be used for charitable, commercial or for family purposes.

Foundations are a very important component when structuring the ownership of family and corporate assets and are particularly important where trusts are not generally recognized. They are in many respects similar to corporate entities, but afford the protection and continuity derived from the use of trusts.