Archive for October, 2012

Tips That Will Help You Open Bank Account Online

Now that your efforts at offshore investing are beginning to pay off, the necessity of setting up some offshore bank accounts becomes more clear. Unlike establishing domestic bank accounts, the option of being able to walk over to a branch of the bank and open an account is not practical. The good news is that a number of banks in Belize and other countries now allow customers the option to open bank account online. As you compare the merits of different financial institutions, here are some tips to keep in mind.

Read more »

Reasons Why a Foreign Bank Account is Worth Considering

When it comes to structuring your offshore investment activity, it only makes sense to establish and regularly use a foreign bank account to manage those assets. The right offshore banking account in the right country will go a long way toward helping you track the growth of those assets and be in a position to calculate taxes due based on current laws and regulations. In addition, the use of a separate account for your international activity will make it easier to keep those assets segregated from your domestic holdings.

Read more »

Managing Your Tax Offshore Obligation

As someone who is known to pay a great deal of attention to detail, it only makes sense that you would want to structure your offshore investing accounts so that tracking taxes due would not be a problem. Since you will want to track investment returns and honor your tax offshore obligation to both the country where the account is based and your domestic tax agency, it is important to make sure that the revenue reporting features of those accounts are up to the task. When this is the case, you can easily see how much you owe in taxes for any given period and make sure those payments are made on time every time.

Read more »

What Constitutes the Best Offshore Bank for My Needs?

Finding the best offshore bank to serve as the base of operations for your international investing strategies is essential in today’s world. There are a number of ways to go about finding the bank that is the best fit for your situation, but one of the more effective approaches is to identify the types of services that would help you build your portfolio and get the most return for your money. It is also helpful to consider the location of the bank and the type of governmental regulations that apply to its operation.

Read more »

Offshore Savings Accounts are Beneficial

Since we are in an age of information and investment opportunities on an international level, companies and individuals are looking for a way to enhance their portfolio on a global level. Offshore savings accounts are an excellent opportunity for an investor who wants to increase their profit in a global market.

Read more »

How Do I Withdraw or Access My Money from an Offshore Bank?

While doing research to open up an offshore bank account one question comes to mind for many people: How does one access or withdraw their money in order to make purchases or keep track of it all? The answer, naturally, depends on where the specific bank account is located and the individual bank’s rules.

Read more »

Belize and Offshore Investing

With the recent, high-attention efforts in the last few years of the U.S. Internal Revenue Service cracking down on individuals not reporting their funds placed in overseas bank accounts, international investors are right to be worried about whether someone is watching their financial transactions in close detail. However, international investing and overseas banking is not an illegal activity per se, and there are a number of opportunities for protecting the value of saved money and making it grow overseas. The U.S. financial market simply does not hold the keys to all there is in profitable investing.

Read more »

Benefits of Choosing the Best Offshore Bank

As any international investor can tell you, there are plenty of options for offshore banking institutions these days. Some nations, like Belize, are intentionally positioning themselves as favorable environments for people who want to use offshore investing as a means of building assets for retirement. Part of being a favorable environment means offering banking services that are relevant and easy to use on an as needed basis.

Read more »

What to Look for in an Online Offshore Bank

Offshore banking provides a number of benefits. The savvy investor can establish accounts with the right bank and enjoy excellent returns on his or her deposits. Along with considering factors such as the banking laws that will govern how the accounts are managed, it also helps to consider how you will go about accessing and managing the deposited funds. Here are some tips to help you identify the best online offshore bank and get the most benefits from the relationship.

Read more »