While domestic banks can provide investors and account holders with many of the services they use most, international banks can also be beneficial. For those who don’t want their financial records made public, offshore banking allows you to retain some privacy over this information. Offshore banks also typically offer financial experts for those who would like the helpful resource for investment advice. In addition, an overseas bank can be a great base for long-term estate planning and asset preservation. Finally, banks in international and offshore destinations often provide completely legal and incredibly beneficial tax deductions to foreign investors and account holders.
Posted in International Banking | No Comments »