Posts Tagged ‘tips for offshore banking’

Managing Your Private International Bank Accounts

Manage your offshore bank account to its fullest potential by applying for a prepaid MasterCard, opting for online access, securing high interest rates through a lifestyle account and opting for more than one currency.

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How to Open an Offshore Bank Account

If having all of your wealth in one domestic location leaves you feeling vulnerable and unprotected, one of the best options is to open up an offshore bank account. This provides you with access to foreign currency should you need it, and it can also be a completely legal way to pay fewer taxes on investment profits. The location of the bank is vital, and it dictates your taxation rates as well as your overhead fees. Make sure that you also pay attention to what is needed in order to open an account. Many banks ask for documents as well as minimum deposits before allowing you to begin banking offshore.

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