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.

Making the Most of Corporate International Banking

Just some of the ways that businesses can benefit from corporate international banking include lower operating costs, the ability to maintain balances in multiple currencies, the potential for reduced taxes and opportunities for corporate lines of credit.

How Offshore Asset Management Can Change Your Life

Offshore asset management has the potential to change your life by offering new investment opportunities, walking you through your portfolio, reducing your tax burden, helping you prepare for retirement and setting up financial protection for loved ones.

Should You Consider Offshore Trusts?

If you are thinking seriously about investing in an offshore trust, then you should put some thought into whether it can really benefit you. If you have assets like real estate, stocks or cash that you don’t need access to for the foreseeable future, putting them into an offshore trust can reduce your taxes substantially. While offshore and domestic trusts work in many of the same key ways, the benefit of choosing offshore is that it is free from government intervention, and it can also add some diversification to your portfolio. Finally, an offshore trust can give you peace of mind about the financial security of your loved ones.

Tips for Offshore Banking in Belize

An offshore account might meet the privacy, cost and convenience challenges you face, whether you are looking to invest or retire. If you’re looking for an increased level of privacy provided by a personal or company account, opening an offshore account with a bank in Belize can give you peace of mind and savings. An offshore account with a Belize bank is a great solution to many of the financial issues facing investors and retirees. It can help you save on taxes and manage your finances or retirement fund. The level of privacy, convenience, service and savings you’ll find by banking in Belize is going to surprise you.