Benefit from Offshore Private Banking

Private banking is a challenge to achieve for most investors, especially for people with a high net worth. For instance, a CEO who makes a sizable sum of money saving very public companies from the brink of monetary implosion is subject to having his or her net worth pasted all over financial magazines, newspapers, blogs and television. Talk about feeling vulnerable and picked apart. Wealthier individuals can also become the target of greater government scrutiny as well. Places such as Belize offer the joys of sunshine, warmth, a gentle tide rolling in and the benefits of financial privacy. An added benefit is the government's non-tax stance.

Offshore banking is an opportunity for wealthy individuals to grow what is known in the financial industry as generational wealth in a financially optimal environment. The government of Belize does not charge income tax. Belize presents an ample opportunity for high-net-worth individuals to enjoy the comforts of offshore private banking while keeping more of their money from the wasteland of taxation and inflation. The focus then turns from fear to joy. Have fun investing money and building a wealth management plan in a location that values and respects people’s money. Aside from true privacy, taxes and inflation, investors are also interested in diversification. There are plenty of opportunities to diversify investments. Check out the blog about Who Needs Offshore Accounts to learn more.

Variety is the Spice of (Money’s) Life

As discussed in the blog Uncover Options for Investing Offshore, there are plenty of places to let money play in the markets — big and small. For one, many investors take part as venture capitalists or as angel investors. Others prefer to dabble in that and real estate or invest in their own new offshore business.

Not all investors want to continue working so hard with their money. Some want to relax and protect their assets. One way to do this is to have an international variable life insurance plan in place. The investor, or benefactor, designates beneficiaries who will receive the proceeds of the insurance at the time of death.

Insurance Wrappers and Other Protection

Taking the leap into uncharted waters for investors yields even more surprise benefits. When buying variable universal life insurance policies, look into adding insurance wrappers. This product protects the assets of a VUL plan from creditors and judgments. Other than this, look at the opportunities to invest in currency, stocks, mutual funds and other “regular” investment options.

Find specialized professional investment and financial advisers who know how to manage portfolios for the wealthy. They may make suggestions to build wealth steadily and protect you from market fluctuations.

Meet Daily Banking Needs Overseas

In addition, they are equipped to assist their customers with the day-to-day banking. This might include opening offshore bank accounts, such as savings and checking accounts. Having an offshore bank account is covered in this blog: Why You Need an Offshore Saving Account.

The benefit that tops the list for having an offshore bank account depends upon the customer. The accounts that are available 24 hours a day and seven days a week online or at an ATM allow great flexibility, accessibility and convenience. Privacy, tax savings and more investment opportunities are among other reasons people bank offshore.

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.

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.

Save Money With Offshore Taxation Rates

In recent years, there has been a significant increase in the number of individuals as well as businesses who are turning to offshore investments for stability and diversification. Offshore investments may also be able to increase your profits thanks to reduced or nonexistent taxation rates. Many countries around the world offer zero capital gains taxes to foreign investors, which means that you can pocket more of your profits and see your wealth grow year after year. Although some people are worried that taking advantage of these significant benefits is somehow illegal, the reality is that investors still follow legal guidelines and all pertinent laws.

Offshore Banking In Belize Provides Leading Investment Opportunities

The warm climate and access to the ocean makes Belize an attractive retirement destination. Many other places offer the same advantages, but Belize also offers a stable government and a stable currency, helping to make retirees feel comfortable and safe in their decision. Those who wish to prepare for a retirement in Belize by transferring assets there will enjoy the advantage of a no-tax regime, helping their assets increase at a higher rate than if they had left them in onshore accounts. They also enjoy the benefit of having assets available in more than one currency.

5 International Investing Myths and Why You Should Ignore Them

Some of the most common myths about international investing revolve around anonymity, tax evasion, net worth of investors, profit margins compared to American investments and the risks involved.