How Privacy And Control Can Protect What’s Yours
The popularity of offshore banking has largely been affected by negative stereotypes. Offshore bank accounts are usually talked about when big corporations’ financial scams are exposed. Placing financial assets in accounts maintained in foreign countries is completely legal. Keeping in view the dismal financial situation of the US, it’s time to break the myth and take advantage of offshore banking.
Contrary to popular opinion, applying for an offshore bank account is completely legal. It requires you to abide by the rules of whatever country you choose for going offshore. One of the advantages of keeping your assets in a foreign country is that it helps keep your assets safe from governments that have strict tax regimes. This, however, shouldn’t be confused with tax evasion where you intentionally dodge the authorities, with malicious intent, to save a few bucks. Tax avoidance, on the other hand, is an attempt to make the most of the lawful tax exemptions allowed by a country.
The complexities and features of going offshore need to be discussed in detail. With the help of the media and financial experts, strict governments with zero tolerance for economic freedom have given a negative spin to the concept of asset protection. To provide a clearer picture and unbiased opinion on offshore banking to people who are looking for different ways to protect their assets, we have compiled this Special Report called ‘Offshore Banking’.
Purchase this book today to understand what an offshore bank is and who can benefit from it? Besides this, you will also find in-depth answers to some frequently asked questions, such as:
- What should you look for in an offshore bank?
- Where are the best jurisdictions for offshore banking located?
- How can you stay safe while banking offshore?
- What are the steps you need to follow to open a bank account in a foreign country?
- What are some of the safest countries to open a bank account?
Going offshore is a way to keep your financial assets off the radar of the government. In fact, it is also an effective way to have access to greater financial privacy. The banking system in the US doesn’t provide maximum privacy to bank account holders. To find out more about how banks in the US have deprived account holders of their financial privacy, purchase this special report.
You might wonder, what are the countries where you should open a bank account? There is no definite answer to this. Countries don’t follow uniform financial laws and every country has its own set of banking laws. If you are interested in opening a bank account abroad, you should take your time to read the laws and understand the legal protection your financial assets can enjoy in a certain country.
‘Offshore Banking’ is a comprehensive guide that will help you make a well-informed decision with regard to opting for offshore banking. The report also sheds light on the do’s and don’ts of offshore banking to help you protect your financial assets.
Get started today and introduce yourself to a banking concept that is full of opportunities.