What Do I Do With My Money Now that It’s in an Offshore Bank?

You've made the decision to go with offshore banking, and your money is now resting in a sheltered, private offshore account. You've chosen an international bank that you trust. So what options are available to you now?

You’ve made the decision to go with offshore banking, and your money is now resting in a sheltered, private offshore account. You’ve chosen an international bank that you trust. So what options are available to you now?

If you’re content to manage your funds the same way you would with an inshore bank, but with the added benefits of offshore banking, you’ll find that much of the time you can handle your affairs almost identically, with minimal inconvenience—ATMs, checks, and the like are all similar. However, if you want to make some money with your assets, you can take advantage of your offshore account to do so.

Savings Accounts

This is the simplest method, but it can yield great results over time. It’s likely that your international bank offers many different kinds of savings accounts: from fixed term deposits with high interest rates, to serious saver accounts, to currency savings accounts, to convenient online accounts. Beyond making money, in the right country, such accounts can provide security against financial turmoil; they can act as a safety net for your assets.

Offshore Investments

Many people are drawn to offshore investments because of the fact that an offshore account widens the horizon of investment possibilities. New markets are now available to you, and if you’re inspired to do so, take advantage of them! Exploring could be a great opportunity to diversify your portfolio and spread risk.

Aside from new markets, other methods of investing can also prove quite lucrative. Real estate, bonds and securities, and offshore mutual funds are all ways to make money. And if lawsuits are a concern for you, offshore investing is a promising way to shield your assets.

Create an Offshore Company

If you have an entrepreneurial spirit, an offshore company could be an exciting venture, and one with plenty of potential. Many countries have strong incentives to create businesses in key industries, and if you have the perseverance and experience to make it work, your business could become a very rewarding endeavor. Offshore secrecy standards make this an especially attractive option for the bold.

It’s by no means a requirement, but if you’re going to have an offshore account, you may as well make more money off of your assets. There are many reasons to chose an international bank, but one of the most compelling is the financial opportunities they offer.

Caye Bank

Caye International Bank Limited (CIBL) was granted an Unrestricted "A" Class International Banking License on September 29th, 2003 by the Central Bank of Belize and is regulated by the Central Bank of Belize which set the standards for liquidity and capital adequacy.

How Businesses Find the Right Corporate International Bank

In order to find the right corporate international bank, businesses need to consider overhead and banking fees, the types of banking services available, local tax laws and preferred currencies for their accounts

What's Behind the Most Common Myths About Investing in Gold

Investing in gold is not a new idea as gold has been highly valued throughout history, but there are still some prevalent myths circulating about this precious metal. While some believe that gold is a risky investment, the reality is that its value will likely remain stable or climb in the future. Gold is also very capable of significant profit margins, and it can stay ahead of or even surpass inflation. Another myth is that only gold bars are a worthwhile investment, but that too is false. Gold can be a savvy way to financially care for loved ones in the future.

Offshore 101: Understanding International Investment Funds

Investors who are thinking about their next offshore opportunity may be drawn to an international investment fund. This investment works by pooling together the resources of multiple investors and then investing in dozens of companies, stocks, bonds and even real estate. This spreads the risk, reduces vulnerability and makes the investment safer for each individual. This type of investment can be ideal for just about anyone: retirees, travelers, those planning for their estates and even new investors. Getting started involves selecting the right country or destination for the investment and seeking out a financial fund manager that you can trust.

Why Open Offshore Bank Accounts?

In decades past, offshore banking was associated primarily with multinational corporations, but today an increasing number of everyday investors and retirees are jumping on the chance to benefit from an offshore bank account. Banking offshore can provide financial privacy, which is desirable for many investors. It can also potentially lower taxes, especially in locations like Belize that have favorable tax laws for foreign investors. Offshore banking can also diversify your portfolio, leaving you less vulnerable over time, and it provides those who travel overseas or who are planning to retire internationally with access to foreign currencies when they need it most.