Reasons Why You Should Have An Account In Offshore Bank

1
Reasons Why You Should Have An Account In
Offshore Bank
2
(No Transcript)
3

• Some of us would have heard about offshore
  banking and some wont know about it. An offshore
  bank is a bank which is located outside its
  country for its depositors. Most of the time, the
  account holders are the non-residents of the
  banks native country. This bank is more popular
  among business people because it provides various
  advantages when compared to national banks.
  Individuals can also open this account to make
  their money and assets more secured.What are
  the benefits of having an offshore bank account?

4
(No Transcript)
5

• Offshore banking mainly refers to securing your
  finance in foreign countries. Mainly this account
  is opened by the business people who do
  transactions to other countries. People find that
  this type of banking has a wide range of benefits
  and also is the best way to protect money and get
  exempt from taxation. The various advantages
  provided by offshore banking are more privacy,
  easy access, little tax and protection of money
  and assets. The other benefits of opening the
  offshore bank account are explained briefly as
  follows.
•     Security and protection of money   People
  think that all the banks dont provide the same
  level of protection. Thus, they opt for using
  offshore banking which is more regulated and
  transparent. Hence depositing money in these
  banks are more secured when compared to others.

6
(No Transcript)
7

•     More services  If you think of obtaining
  many personalized services, then this type of
  banking will suit you the best.     More
  convenient and easy access  The processing of
  opening the account in this bank is more fast and
  convenient when compared to other banks. Thus
  many of the business people wish to open an
  account in these banks.    Less tax or No tax
  There more advantage when it comes to the
  aspect of tax. The tax for this money will be
  less or no tax at all since these banks are
  located in such jurisdictions.

8

•     Foreign exchange services  If you have
  this account, you can transfer money between
  accounts which will be faster and free. The
  biggest advantage of using the offshore bankis
  this facility where you can do international
  transactions.
• Some of the reasons why people choose this type
  of accounts include asset protection, more
  banking service, higher interest rates, ability
  to access quickly, ensure easy access to medical
  care abroad and maximize your personal options.
  Most of the people think they have peace of mind
  after opening such an account. Mainly this
  relaxation is obtained because when you go abroad
  there will be no need for worries since you have
  done the biggest step towards your protection.

9
(No Transcript)