Why do people put their money in secret offshore accounts? Privacy – Many people, mostly for valid reasons, don’t want others to know how much money they have. Asset Protection – For those who live in politically or economically unstable places, it’s a risk to keep assets in-country. Then again, with fears for the liquidity [...]
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Microsoft Money is a money management software program that has served hundreds of thousands of customers worldwide. It is a great tool for keeping track of your personal finances so the news that Microsoft are discontinuing this popular product is causing problems for many of its customers. You can keep on using Microsoft Money, of [...]
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This is an introduction to offshore banking and incorporation a world that you may or may not be familiar with. There are many countries that are considered to be tax havens of one sort or the other. Each jurisdiction has its own reasons in extending a warm welcome to non residents. The aim of this [...]
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Busy businesses searching for ways to maximize their profit margins and scale their businesses could find that the specialist services provided by international banking could be just the financial solution they’re looking for. Whether running an international business, planning extensive business travel or simply interested in the benefits of offshore banking, you could find that [...]
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You’ve probably heard about people who keep their money offshore. Most likely you assume they’re all wealthy businessmen; millionaires, who have so much money they somehow ‘qualify’ to move it out of the country, right? Wrong! Offshore banking can be a benefit for anybody regardless of income. There are certain components of offshore banking that [...]
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If you’re self employed, you’re affluent, you’re married, you have direct clients, business partners or you’re just concerned that you’re overpaying your taxes, there’s a strong possibility that you should be protecting your finances and assets offshore. For many people, going offshore is like buying insurance against anything from overpayment of tax maybe, to the [...]
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Swiss banks and Swiss private banking are recognized as the ultimate resource for high net worth individuals, used by the rich and famous, sports stars and big corporations. Despite recent attacks on offshore banking in Switzerland, Swiss private bankers still maintain the decades-old reputation for confidentiality and security. The Swiss cities of Zurich and Geneva [...]
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In today’s highly competitive and fast moving economy, individuals and companies need to have easy access to their monetary assets at a quick notice. Sometimes, laws and regulations in home countries are strict regarding withdrawal of huge sum of money. They then look for countries having less strict guidelines to create bank accounts, known as [...]
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The image of offshore banks and an offshore bank account seems to evoke a picture of secret and covert dealings that may not be completely on the up and up. The truth about offshore banks is that they are an essential part of our world’s economy. Without their support, the world economy would not run [...]
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Looking at the bright side, the recession is not really a bad thing. In fact, it helps us in so many ways in dealing with ourselves. It pushes us to deal with reality instead of hiding behind the closet of denial. We are now spending less, saving more, and paying off debt. So we are [...]
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