Category: Offshore Banks

  • Offshore Banking Without Borders

    The challenge to tax havens and financial privacy requires a fresh approach – and “Cloud Banking” provides the answer In recent years, the concept of complete financial security and confidentiality has been under greater pressure than ever. The US Patriot Act and the G20’s targeting of tax havens have challenged the notion of financial privacy,…

  • Ultra-Private Prepaid Offshore Credit Cards

    After opening an offshore bank account, one of the most complicated barriers people come across is withdrawing their cash. After all, not many have the time or resources to go to the Caribbean or a European tax haven whenever they want to get hold of their money. They need offshore credit cards. One of the…

  • Low-Tax European Company Formation With Guaranteed Bank Account Now Available

    The term ‘low-tax’ is seldom used in conjunction with any non-offshore European jurisdiction – and yet having a company based and operational from within the European Union is highly desirable for many reasons and for many businesses.  For example, if you deal with clients, distributors, suppliers or resellers in Europe, they will prefer to be…

  • Abbey International reduces minimum balance for Fixed Deposit Contracts

    Abbey International, the Jersey based offshore bank has reduced the minimum balance requirement on its 12 and 18 month Fixed Deposit Contracts to £50,000, making these popular accounts significantly more accessible to a wider audience of offshore clients. Currently, a fixed rate of 3.10% gross/AER is offered over 18 months, with 3.00%gross/AER payable over 12…

  • There are Three Reasons Why it is Better to Invest Offshore

    There are three basic reasons why investing offshore is typically better than investment in an individual’s country of origin. These reasons are a higher rate of return on investment, lower taxation, and less paperwork Offshore investments typically provide a higher rate of return on investment, lower overall taxation, and less cumbersome regulation than investment in…

  • Why Go Offshore With Your Savings and Banking?

    Offshore Savings Accounts Can Offer Valuable Tax Savings ST PETER PORT, Guernsey, April 30, 2010 – Each year, according to the Institute of Public Policy Research (IPPR), around 400,000 UK nationals move abroad to work or retire. Opening an offshore savings account could bring significant tax benefits once they cease being UK residents for tax…

  • Expat Explorer Returns Again in 2010

    Calling Expats Everywhere – Make Sure You Have Your Say! LONDON, April 27, 2010 – This week marks the official launch of Expat Explorer – the largest global survey of expats – where expats from all over the world can have their say about life as an expat and the challenges and opportunities they face…

  • Global Problem for Bank Workers

    UNI Global Union: Bank workers Demand Their Rights at Demonstration in Frankfurt [box]”Fair Banking Advice? Fair Working Conditions? NOW!”[/box] European bank workers demonstrated in front of the headquarters of the European Central Bank in Frankfurt this past week to call for a radical change in the sales practices of financial service providers. UNI Finance Global…