Tag: Offshore Banking
High-interest deposit accounts in the US, Canada, and the EU have been non-existent for years. While many experts tout 1.5% to 2.5% as a measurable success, any novice investor can point out that you’re not even beating inflation. And if you’re not beating inflation, your money is losing buying power year after year. Given the […]
If you’re like most people, “How can I open a bank account in Aruba?” isn’t the first thing you think of when it comes to banking in the Caribbean. Last week, members of the GlobalBanks team descended on several Caribbean islands (including Aruba) to explore various banking sectors and determine whether or not they are […]
Exactly 25 years ago today, on February 26th, the world watched as the Barings Bank failure took place in front of our eyes. Barings Bank was one of the most prominent and well-respected banks in the history of the world collapsed. At the time of the Barings Bank failure, Barings was Britain’s oldest merchant bank […]
Whether you’re a resident of Malta or a non-resident who happens to own a company incorporated in Malta, chances are you’re starting to encounter problems opening bank accounts. And if you’re one of the growing number of people who have had their accounts shut down or frozen, you’re probably desperate for an immediate solution. Well, […]
Offshore Bank Account Ultimate Guide to Opening Accounts in 2021 Ultimate Guide to Opening Accounts in 2021 Last Updated Dec 8, 2021 In this article, we’re pulling back the curtain and giving you the tools that you need to open an offshore bank account. In fact, you’ll receive the same account opening strategies that we […]
What are the benefits of offshore banking and offshore bank accounts? That’s a big question. Not because it’s hard to understand. But because there are so many benefits that people and businesses get by going offshore. The benefits of offshore banking can be broken down into three main categories: Security, Opportunity, and Freedom. In each […]
You Want to Open an Offshore Bank Account? Before you open an offshore bank account, you need to familiarize yourself with the secrets to offshore banking and get rid of any misconceptions. And if you’re like most people, you probably have a lot of negative misconceptions thanks to the media and Hollywood. In this article, […]
One of the most misunderstood topics related to the offshore world is the cost to open an offshore bank account. And unfortunately, the requirements and related costs are always changing. Fortunately, offshore bank account opening doesn’t have to be expensive. In fact, if you do it right, you can get a lot more out of […]
Banking secrecy used to be a big deal. And while it’s all but dead, there are still a lot of rumors floating around the internet saying that it can still be achieved… it can’t. In many instances these rumors are being perpetuated by so-called experts, people that offer their assistance to trusting followers. Charging them […]
An offshore structuring strategy can be one of the best things you do for your business. There are lots of reasons why structuring your company in an offshore jurisdiction could make sense for you. We’ve covered many of these benefits in past articles, including asset protection and tax efficiency. But beyond choosing which country to […]