Whiskey Cask Investments
Why is Whiskey such a growing investment opportunity for investors
Market Demand
Irish whiskey is the fastest-growing spirit in the world, with sales volumes up 140% over the past decade. The value of Irish whiskey exports exceeded €1 billion for the first time in 2022, and Irish whiskey is sold in 140 markets globally. With Irish whiskey at the forefront of the world’s fastest-growing spirit, there has never been a better time to diversify your portfolio with this asset-backed investment.
Tax Benefits
Investing in whiskey casks has several tax benefits. One of the most significant advantages is that whiskey casks are considered a wasting asset under Irish tax law, which means that any profit you make from the sale of Irish whiskey will not be subject to any capital gains tax. We can provide advice around availing of the Annual Small Gift Exemption and discuss how your whiskey investment journey can be exempt from taxation.
Potential Returns
Over the past five years, whiskey casks have generated an average return of 12.4% per annum, with popular distilleries delivering even greater advances.
Ownership
Owning a cask of whiskey allows you to enjoy the experience of watching it mature and tasting it at various intervals along its maturation journey. You can also choose to bottle it privately or sell it on once it has matured. We suggest you contact whiskey cask investments and speak with one of our advisors for more information on investing in whiskey casks. We offer a wide range of services to help private investors and institutions add whiskey casks to their investment portfolios.