Offshore Banking for Expats

People ask me all the time about moving money from one country to another and when I use the term “offshore banking” they often have a quizzical look on their faces and ask me: “is it legal to have an offshore bank account?” That about sums-up the way most people think about banking offshore, especially … Read more

DeltaQuest Group Launches MyBankingLicense.com

Limassol, Cyprus, 03/21/2011 – DeltaQuest Group has launched another of their online specialized service portals: MyBankingLicense, which is specifically designed to assist clients in obtaining offshore banking licenses in over 15 jurisdictions worldwide. MyBankingLicense.com offers clients from across the globe assistance in acquiring both onshore and offshore banking licenses. The DeltaQuest Group consultants have expert … Read more

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, … Read more

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 … Read more

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 … Read more

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 … Read more