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Refers to facilities or activities that are located at sea off the coast. The term is often used in connection with wind farms or oil platforms.
Der neue Offshore-Windpark soll nächstes Jahr genug Strom für eine halbe Million Haushalte liefern.
The new offshore wind farm is expected to supply enough electricity for half a million households next year.
Describes economic activities, especially in the financial sector, that take place in another country, often in order to take advantage of tax benefits or lighter regulation.
Die Firma hat ein Offshore-Konto auf den Kaimaninseln, um Steuern zu sparen.
The company has an offshore account in the Cayman Islands to save on taxes.
'Offshore' is a word from English, made up of 'off' (away from) and 'shore' (coast). So it literally means 'away from the coast' or 'off the coast'.
Die Firma ist auf Offshore-Projekte spezialisiert.
The company specializes in offshore projects.
This adjective is almost never declined before a noun. Instead, it forms compound nouns (e.g., 'der Offshore-Windpark' — the offshore wind farm) or is used adverbially (e.g., 'Die Plattform liegt offshore' — the platform is located offshore).
Viele Unternehmen investieren in Offshore-Windparks.
Many companies are investing in offshore wind farms.
In the meaning 'at sea', 'offshore' often forms fixed terms with technical installations. Typical examples are 'Offshore-Windpark' (offshore wind farm), 'Offshore-Plattform' (offshore platform), or 'Offshore-Anlage' (offshore facility).
Der Bau der Offshore-Plattform war sehr teuer.
The construction of the offshore platform was very expensive.
You can recognize the financial meaning from words like 'Konto' (account), 'Firma' (company), 'Bank' (bank), or 'Steuern' (taxes). In this context, 'offshore' always means 'abroad', usually for tax reasons.
Ermittler entdeckten mehrere Offshore-Konten des Managers.
Investigators discovered several offshore accounts belonging to the manager.
foreign
Ausländisch generally refers to something connected with another country. Offshore is more specific and is used in an economic context: the activity takes place in another country, often to benefit from tax advantages or less regulation. Without this particular economic context, ausländisch is more suitable.
Die Firma erweitert ihre Offshore-Geschäfte, um niedrigere Steuern zu nutzen.
The company is expanding its offshore business to take advantage of lower taxes.
Die Firma erweitert ihre ausländischen Geschäfte, um neue Kunden zu erreichen.
The company is expanding its foreign business to reach new customers.
