Tag: Offshore
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 […]
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 […]
In our last article, we discussed the difficulties that offshore and international companies face when setting up payment processors. But besides accepting payments via a payment processor, an entrepreneur needs to receive funds into a bank account for their new company as well. And while a lot of small businesses and startups are opting for […]
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 […]