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Open Your Own Personal Offshore Bank Account

Author: William Source: Unknown Click: times
Offshore bank accounts are available to anyone who is interested. You can open an account in any of a large number of offshore jurisdictions. wholesale spa supplies Banking offshore can have distinct tax advantages. It can make life a lot easier for an expatriate retired in an offshore jurisdiction. it can be a necessity for someone doing business outside of his or her nation of origin. Both individuals and companies can open offshore accounts. Picking which jurisdiction and finding a trusted advisor in doing so is where to start.
Advantages of an Offshore Bank Account
Many individuals and companies think of offshore banking in terms of its potential tax advantages. It is certainly true that a large number of offshore jurisdictions are tax advantaged in some way or another. However, offshore banking is a lot more than just finding a tax advantaged jurisdiction. Depending upon the needs of the individual or company an offshore account can be part of an integrated offshore solution including a trust, an offshore foundation, or an international business corporation. An offshore bank can just be where you put your money during retirement. An offshore account can also be part of a solution for how you pass a lifetime of accumulated wealth on to your heirs with the least possible tax consequences. For those choosing to do business internationally an offshore bank account can be an essential part of setting up any one of a number offshore businesses.
The benefits of an offshore account as part of an integrated offshore solution are rivet tools that it will enhance asset protection as well as assist in estate planning. Privacy is a key to most offshore banking operations. Interest rates are commonly better offshore as these nations are competing for investment capital to grow their economies. An offshore account will commonly give the client wholesale hair equipment access to his or her money from any point on the globe. Access to international investment products is typically easier from an offshore bank.
Specifically, an offshore bank account can be an asset of any of a number of offshore legal vehicles including and international business corporation, a Panama Private Interest Foundation, a New Zealand Trust, and more. With competent counsel an individual can set up a comprehensive offshore asset protection solution including an offshore bank account. Depending upon the wishes to the principals these legal vehicles can be set up so that the names of the principals appear in no public document or registry providing an extra measure of privacy and asset protection.
Setting up the Account
An offshore account can be opened for free riveting machines manufacturer and will often include a free internationally recognized credit/debit card. With the right bank a typical minimum deposit is no more than $250! Additional benefits can include a free priority pass for access to VIP airport lounges around the world. Your offshore bank will have an account manager to personal questions and will be able to send and receive funds worldwide (SWIFT/BIC). Contact an offshore bank or representative. That is all you need to do to get started opening your own personal, or corporate, offshore account.
An offshore formations and banking specialist working for several companies regarding offshore structures, formation of companies, foundations, rivet tools manufacturer banks and financial institutions in several jurisdictions, including provision of government issued financial licenses. Working for User Bancorp Ltd, which is providing private and corporate accounts, merchant accounts, offshore companies such as Belize IBC's (International Business Company), Panama corporations and foundations, wire transfer services, managed funds/forex, credit- debit- and prepaid card issuing. We also offer co-ownership and shares in different investment programs such as real estate investment in profitable jurizdictions like Panama, Belize and Spain.
Certificate of Deposit/Term Deposit accounts available up to 9 % p.a.
Contact me on e-mail: geir.holstad@userbancorp.com
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