Archive for the ‘Accounts’ Category

How to Set up Private Offshore Accounts

When you’re ready to establish private offshore accounts, you will want to choose the right location, select the appropriate bank, pick your preferred accounts and then handle the logistics of the application process.

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Who Needs Offshore Savings Accounts

Just some of the people who can benefit from offshore savings accounts include those in search of a diverse portfolio, those who want lower taxes, parents and grandparents, those who want more financial privacy and those who live or travel overseas.

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What is a Demand Deposit Account?

Learning more about a demand deposit account may highlight the convenience and benefits of this particular bank account, particularly for those who are also interested in offshore banking.

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Discover the General Requirements for a Personal Offshore Account

The general requirements for a personal offshore account include proof of identification, contact information, proof of residence outside of the country, reference letters and a completed personal application form.

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Discover the General Requirements for a Corporate Offshore Account

The general requirements for a corporate offshore account include notarized company documents, information for all named people, a determination of the company type and the formal account application.

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Quiz: Are Private Offshore Accounts Right For You?

Private offshore accounts are ideal for people who want to diversify their holdings, want to reduce taxes, who manage their banking online and who spend time overseas or plan to in the future.

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Top 6 Ways to Use an Offshore Account

Top ways to use an offshore account include getting a prepaid MasterCard, paying bills online, accessing foreign currency, purchasing international real estate, beginning your estate planning and diversifying your portfolio.

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What Makes Offshore Bank Accounts So Popular?

Offshore bank accounts are popular thanks to the potential for lower taxes, greater peace of mind, increased interest rates for investors, the option of maintaining balances in multiple currencies and their ability to diversify a portfolio.

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Maximizing the Benefits of Offshore Savings Accounts

Some of the benefits of offshore savings accounts include diversified holdings, higher interest rates, reduced taxation, lower overhead fees and the chance to spend savings overseas in a range of preferred currencies.

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Are You an Ideal Candidate For Private Offshore Accounts?

The ideal candidates for private offshore accounts want to mitigate their financial risks through diversification, improve the financial security of their loved ones, plan to travel often or retire overseas and want to take steps to legally reduce their taxes.

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