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Month: May 2016

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Setting up an offshore bank account

Posted by By Nico X. 2016-05-27Posted inBank AccountNo Comments
Though there exists misconceptions about offshore bank accounts some of which are completely outrageous, the truth of the matter is that setting up an offshore bank account accords you a…
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How to get an offshore bank account?

Posted by By Nico X. 2016-05-23Posted inBank Account1 Comment
Most people associate offshore bank account with financial sophistication. The reality is that any person, including one with average financial might, can engage in offshore banking and open a bank…
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Offshore tax havens

Posted by By Nico X. 2016-05-20Posted inBusinessNo Comments
A tax haven specifically refers to a state, a territory or a country that on a national level, taxes are not levied and if they are levied at all, the rate…
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How to open an offshore account?

Posted by By Nico X. 2016-05-16Posted inBank AccountNo Comments
Financial sophistication is what offshore banking has come to be synonymous with. The fallacious belief that offshore accounts are a preserve of the filthy rich not to forget those engaged…
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Why open an offshore bank account?

Posted by By Nico X. 2016-05-13Posted inBank AccountNo Comments
The fallacious belief and largely shared misconception is that opening an offshore bank account is about tax evasion. However, this couldn’t be further from the truth. The tumbling down of…
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What is an offshore account?

Posted by By Nico X. 2016-05-09Posted inBank Account2 Comments
An offshore account specifically refers to a bank account that is opened in a country other than that of the owner/depositor. An offshore account is usually held in a jurisdiction…
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Opening an offshore company (bank rates)

Posted by By Nico X. 2016-05-05Posted inBank Account1 Comment
Essentially, offshore bank accounts are generally opened under the name of offshore corporations or companies. The idea behind this is to basically increase privacy to the beneficial owner where the…
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