Tag: offshore bank
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Demand for Skipton International’s Expat mortgages increases
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…
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JP Morgan private banker: “We can’t make money anymore…
[typography font=”Cantarell” size=”11″ size_format=”px”]by Simon Black[/typography] July 1, Singapore – Yesterday over coffee, a friend of mine leaked the news that JP Morgan’s private banking division here in Singapore is going to start charging negative interest rates. I almost fell out of my chair. He’s a successful hedge fund manager and one of their best customers.…
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Passive Foreign Investment Company (PFIC) Problems
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much of the information received from a blog or Google search, no matter how attractive it might seem, is completely out of date.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.…
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Offshore Bank Account For Mid-Size Clients
[box type=”info” style=”rounded”]BREDER SUASSO Sets New Standard In International Banking – Launches The First Offshore Bank Account For Mid-Size Clients With A Minimum Deposit Requirement, both private and corporate offshore accounts for corporations registered in any of the major offshore jurisdictions, such as Panama, Hong Kong, UK, Belize, BVI, Seychelles, and as fast as 72…
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The FATCA Dirty Dozen
Legal challenges that US persons have to deal with, living overseas. The following legal challenges are extremely problematic for USA persons: No foreign bank will open an account for a US person or US person beneficiary.(Other than a bank of the overseas employer for their income overseas) No offshore brokerage will open an account for…
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Benefits of a Luxembourg Offshore Investment Account
Why there has never been a better time to Invest Offshore As a result of media saturation of tax evasion with a negative spin on offshore banking, plus a constant perceived threat of the disintegration of the Euro Zone, due to news from Greece, Spain and Cyprus, many people have adopted the idea that anything…
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Offshore Company Formation Primer
‘One size fits all’ does not apply to offshore company formation. The choice will often depend on what your aims are, be it tax reduction, asset protection or wealth management on a larger scale. Here we take a look at the different offshore companies on offer and why they are used. Offshore Corporations, which are…