International / Offshore Banking Archives | Starting Business

What is offshore banking

Offshore banking is a term used to describe banking activity conducted in a jurisdiction other than the depositor’s country of domicile. Offshore banking boasts a wide range of benefits to the account holder, such as greater privacy, low or no taxation and easy access to deposits.

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How can I access my offshore funds

When placing funds in an offshore location it is imperative to be fully aware of how you can access those funds. One of the most common ways of accessing your funds is through the use of an offshore credit or debit card, although there are also other methods that will enable you to conveniently access your wealth…

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Can I reduce taxes with offshore banking

Offshore banking offers numerous advantages to account holders; however one of the many advantages that appeal to people is the availability of reduced taxes and in many cases, tax-free banking. For those who wish to reduce taxes, there are many opportunities in offshore jurisdictions that offer such services…

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Is offshore banking easy to set up?

Offshore banking is increasing in popularity for a number of reasons, however many people are deterred by the idea of carrying out offshore banking, as they believe that it is difficult and complicated to set up whilst also being connoted with tax evasion or other illegal financial activity…

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What is Swiss banking

Switzerland is a prosperous country with a stable economy, low unemployment levels, and a highly skilled labor force. It has a very strong per capita GDP that is significantly larger than that of many major European countries. The combination of the above factors, and more, inspires many people from across the globe to open up a bank account in this location…

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What is an offshore bank

An offshore bank is a bank that is established overseas that is not located in your country of domicile. This bank will comply with the rules and regulations put in place by that jurisdiction. As a customer, you will be subjected to those same rules and regulations. Although there are offshore banks located all over the world, offshore banking…

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What is a Swiss bank account

A Swiss bank account is an account that is opened in Switzerland. It offers a range of benefits, from high interest rates to strong levels of financial stability, and is available to most people, provided that the client has a good banking history in compliance with due diligence procedures, and is able to submit the minimum required…

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Who can legally open an offshore account

Offshore banking has been widely used for many years, however traditionally, offshore banking was regarded as an exclusive service for only the wealthiest of individuals. Offshore banking is today regarded as a popular financial activity amongst many investors, and…

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Benefits of offshore banking

Offshore banking has various advantages. Offering low tax or tax-free services as well as high levels of privacy and confidentiality, banking is becoming an increasingly popular tool for asset protection and wealth management. Investing your money in a bank in a country that has political or economical security…

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