Tag: Offshore Banking
Many people think that they should open a Belize bank account as part of their offshore banking strategy. And if your goal, like others, is to use offshore to diversify, protect assets, access foreign investments, or take advantage of higher interest rates, offshore accounts are a great tool to have in your arsenal. But whether […]
If you don’t have a foreign bank account, you’re exposing your assets to risks and missing out on asset protection opportunities. Why? Because you’re keeping all your eggs in one basket. So, if you live in a sue-happy country, like the United States, your risk is even higher. Here are some figures to consider: 9 […]
If you’re interested in opening a Singapore non-resident bank account, you’re in the right spot. We’ve helped people from all around the world open non-resident accounts in Singapore following the strategy that we’re about to outline below. And while everyone on the internet says that non-resident banking in Singapore is getting more difficult (or even […]
Many people mistakenly think that they can avoid taxes with offshore accounts. But, the truth is, an offshore bank account alone can’t be used to reduce taxes. An offshore bank account is only one piece of a larger strategy and financial plan. More specifically, an offshore bank account will only lower your tax burden if […]
In today’s article, we’re going to explore how to open an offshore bank account if you’re not rich. And here’s why… offshore banking is not just for the rich anymore. Regular people, including small business owners, entrepreneurs, and retirees can access the benefits of the offshore banking world with a bit of guidance. You just […]
The Laundromat Movie is Hollywood’s latest attempt at undermining the world of offshore companies and international banking. It was a cringe-worthy over-simplification of asset protection and structuring. At the time of writing this note, Netflix’s new film ‘The Laundromat’ has a 44% ranking on Rotten Tomatoes… falling behind such acclaimed low-budget rom-coms as ‘A Prince […]
If you’re a South African interested in getting money out of South Africa, you already know how important (and difficult) that entire process can be right now. In this article, I’m not going to dive into the political, economic, or social issues South Africans are facing. Instead, I’m going to address what you need to […]
Last week, I opened a personal account at a Panama bank. And while that might not seem like a reason to celebrate, it is noteworthy. You see, for the past five years or so, Panama has become renowned for being a horribly challenging place to open accounts – but not because the banks are “bad”, […]
Introduction For a lot of people, being able to open international bank accounts is critical to their business and their lifestyle. Whether you live in South East Asia or the middle of Alabama, being able to send and receive money is essential. This is especially true if you have international commitments. There are several steps […]
Introduction The country you choose to bank in is as important as deciding where to live or where to buy an investment property. You wouldn’t buy a house or move your family to a war torn neighborhood. So why would you send your money there? This is GlobalBanks. So it should come as no surprise […]