Instant Offshore Bank Accounts

Offshore bank account - Where to go?

Where to invest your hard earned cash is one of the most difficult decisions facing the offshore investor. The usefulness of an offshore bank account will vary greatly from jurisdiction to jurisdiction. The most important factor is your own residency, followed by the laws of the offshore jurisdiction.

Worst Offshore Jurisdictions

Some of the worst places to open an offshore account are found in traditional tax havens like the Bahamas, Cayman Islands and Switzerland! Their reputation is so tainted that no reputable onshore bank will deal with them. It also not a good move to open an account in a country that has a tax treaty with the US, or it part of the EU Savings Tax regulations. Most offshore tax havens are part of this regime.

Best Offshore Jurisdiction

The best type of offshore jurisdiction may surprise you. There is not a single offshore haven that may be described as the best, because the offshore industry is fluid and constantly changing. However, great offshore accounts that are tax free, private and protect your assets can be found within Europe. This article will tell you more about finding an offshore banking jurisdiction.

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