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.

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Discover Why an Offshore Bank Could Benefit You Financially

As an increasing number of investors find success with overseas banks, you might be contemplating the switch from a domestic bank to one located offshore. Certainly, having assets in multiple countries can be a smart way to diversify your holdings and put yourself in a less financially vulnerable position. In addition, an offshore bank can offer you a greater level of privacy. Another major reason to consider an offshore account is for the potential tax reductions, which are a legal benefit of banking in countries like Belize. Finally, offshore banking might also give you access to foreign currency if you travel frequently or plan to live overseas.

Tout ce que vous devez savoir sur l’investissement offshore

Si vous êtes prêt à investir à l’étranger, renseignez-vous sur les avantages d’une telle démarche, sur les différences entre les sites offshore, sur les investissements disponibles et sur la question de savoir si vous êtes le bon candidat pour investir à l’étranger.