Invest Offshore

Tag: banking offshore

  • Banking as Border Control: Washington’s Next Citizenship Shock

    Banking as Border Control: Washington’s Next Citizenship Shock

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    by

    Aaron
    in

    A new line is forming in America’s immigration battle, and it does not run through the border. It runs through the bank. Bloomberg reported on April 14 that Treasury Secretary Scott Bessent said an executive order requiring banks to collect citizenship information from customers is “in process.” That matters because, as of now, published federal…

  • Rise Of The Vulture Investing Class

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    by

    Aaron
    in ,

    The oil markets are showing some life, having rallied 11 percent over a two-day period. But if a bigger rebound is not around the corner, it won’t just be oil companies that will be feeling the pain: their lenders will also face some steep losses if drillers can’t come up with the cash to cover…

  • Offshore Tax Havens and the Great Witch Hunt

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    Aaron
    in

    Many professionals working in the offshore financial services industry are asking the question; when will the tax inquisition end? Most of them understand that as long as there’s more than one currency in the world, and while over two thirds of the collective surplus cash supply is parked in so called tax havens, there will…

  • How FATCA has Affected Offshore Investment

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    by

    Aaron
    in ,

    Even though the FATCA legislation didn’t truly begin until January 1, 2013 (at least on paper), after only three months it has already had a widespread ripple effect across international banking and offshore investment. Anticipating the additional costs of complying with the extraterritorial United States legislation, many foreign banking and investment entities had already taken…

  • Offshore investing and Private Banking

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    by

    Aaron
    in

    The term ‘private banking’ is becoming so prolific that it’s close to losing the prestige that once connected to the intensely secret relations between a bank and its wealthy clients. Traditionally, international banks have required a minimum deposit of $100,000 to ear preferential treatment but over the past years this minimum has been reduced to…

  • Top 50 Safest Global Banks

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    by

    Aaron
    in

    For banking safely, global citizens had better go to the local government. And pretty much avoid the U.S. At least that seems to be the take away from Global Finance Magazine’s ranking of  the world’s safest banks.  The top 9 banks in the magazine’s World’s 50 Safest Banks list are all state-backed institutions. The No.…