The first requires an advanced structure most commonly an offshore trust and the use of an investment manager in the country where you will open the bank account.

How to open an offshore bank account.
If youre thinking of opening an offshore savings account make sure you read this guide first.
In essence the basic requirements for opening an offshore bank account is pretty much similar to opening a regular bank account in your local neighborhood.
Before you open an offshore account you must follow different rules and regulations depending on your residence.
However the reality is that the average person can open an offshore bank account with.
Before considering an offshore bank account ask yourself if you really need one.
Could you open an offshore bank account by yourself.
Offshore banking is often associated with a high level of financial sophistication and sometimes chicanery.
Weve done the research for you and have executed offshore banking strategies for hundreds of clients.
How to open an offshore bank account.
You need to fill in your personal information such as name dob address citizenship and some other details.
The number one mistake we see people making is that they focus only on the offshore part and end up with an account that is even riskier and even less private than their domestic one.
The trustee then hires an investment manager in switzerland who in turn opens the offshore bank account.
The most popular structure is an offshore trust set up in the cook islands with a cook islands trustee and protector.
Also even if your tax inspector cannot legally uncover your funds the fbi nsa and cia can.
Would you know which bank would serve you best and how to get the most out of your new account.
Its that not all offshore accounts are created equal.
Despite the somewhat unsavory reputation of offshore banking there are legitimate reasons to do it including asset protection currency diversification higher interest rates and greater banking.
Find out more now.
It covers the pros and cons of offshore banking how to open an account and the tax implications.
If you are planning to get an offshore account to hide money then know that the us tax office has connections all over the world.
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