Offshore asset protection is defined as the safeguarding of wealth and assets from attack by potential creditors. Protecting your assets offshore means controlling your assets through a business instrument in a foreign jurisdiction with more favorable laws. These offshore jurisdictions create a significant protective barrier between creditors and judgments, and your assets. The assets that can be protected is a broad class consisting of your home, bank accounts, businesses, real estate property, personal property, intellectual property, and anything else of value.