What are the benefits of offshore banking?What countries are the best options?
Also is it beneficial to set up your business headquarters in another country?
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June 7th, 2010 at 9:44 am
If you don’t need to try to evade taxes because of enormous wealth, trust me you want to be able to physically access people that have your money and get the money out should it be needed…There is no FDIC overseas…If anything we all know the Swiss are excellent and some British banks but don’t do the Island banks.
June 7th, 2010 at 10:26 am
The Royal Bank of Scotland has some offshore options.
June 7th, 2010 at 11:25 am
Panama is the best now. it is thought of as the new Switzerland of Latin America. Panama has no tax treaties with any country, Panama has anonymous Corporations and Foundation plus excellent international banks protected by strong bank secrecy laws. For more information on Panama banks and banking go here:
http://www.panamalaw.org/offshore_bank_account.html
http://www.panamalaw.org/tutorial_offshore_bank_account.html