Invest Offshore

Tag: offshore bank

  • Cryptocurrency and Offshore Banking

    Cryptocurrency and Offshore Banking

    —

    by

    Aaron
    in

    A New Frontier In the rapidly evolving financial world, cryptocurrency has emerged as a disruptive force. Offshore banking, a sector known for its adaptability and resilience, is not immune to these developments. This article explores the intersection of cryptocurrency and offshore banking, analyzing the potential opportunities and challenges this new frontier presents. Cryptocurrency: A Brief…

  • Commonwealth of Dominica Welcomes Newest Offshore Bank

    —

    by

    Aaron
    in

    ROSEAU, Dominica, Dec. 31, 2017 /PRNewswire/ — In late 2018, Digibank joins the ranks of Class-A licensed offshore banks of the Commonwealth of Dominica. Poised to ride the trend of globalized wealth, Digibank aims to incorporate technology to traditional offshore bank services to achieve 3 crucial comparative advantages, namely full digitalization, faster processing speed and lower transaction cost.…

  • The case for offshore

    —

    by

    Aaron
    in

    Eye-popping revelations in the Panama Papers have fanned concerns that the so-called “tax havens” lie at the centre of a giant web of criminal conduct. Some, including UK Leader of the Opposition Jeremy Corbyn, have demanded that these offshore centres be “shut down”, and so disconnected from the global grid. The uproar invites examination of…

  • Three critical ways an offshore bank can protect you

    —

    by

    Aaron
    in

    Let’s take a moment to compare the offshore world today to before the Global Financial Crisis struck roughly eight years ago. In this short period of time, US federal government debt has DOUBLED. The Federal Reserve now holds $2.4 trillion of that debt, up from $479 billion. Interest rates, which were between 2-4%, are today…

  • Demand for Skipton International’s Expat mortgages increases

    —

    by

    Aaron
    in

    In a little over one year demand for the bank’s British expat buy-to-let offering has eclipsed that for its established mortgage lending in Jersey and Guernsey. Managing Director of Skipton International, Jim Coupe said: ‘We have been servicing expats with their savings needs for years and knew there would be a demand for buy-to-let mortgages…

  • Passive Foreign Investment Company (PFIC) Problems

    —

    by

    Aaron
    in

    For U.S. persons it is absolutely correct that you should engage in diversification of investments and assets overseas. However, the difficulty with much of the information received from a blog or Google search, no matter how attractive it might seem, is completely out of date. All the points sound great if you say them quickly.…