Recent content by newtooffshore

If I had million of $ I would defiantly move in some of these countries and make me a tax free living there only counting my money, my cars and the girls ;)

No it is not considered to be an offshore bank nor financial institution. They are categorized in a different group.

To find the proper jurisdiction you hopefully made a business plan or know what your goals are.!!

I predict Panama to come back as an offshore jurisdiction pretty soon.

You can't contact any of the banks directly in Cyprus for account opening you need to find an introducer for this purpose. They will

I have not seen any interest to be paid for holding an account anywhere in any offshore jurisdiction yet. The whole thing is that the banks earn on people that want their money to stick on their bank and they know it.

For 9 month I have my Hong Kong company now. I must say everything is working just smooth with all of it. I don't know why people have problems using their company there but I believe it's because they don't have the money to pay for the costs to maintain the company which I agree is costly.

Your all welcome, you may find similar lists with additional offshore jurisdictions and add to this thread it may be helpful to some.

I established a simple Seychelles IBC, XX Holding Ltd opened a few bank accounts for this entity and put all my money in there, it's only the money I want to safe up for later. It has been working fine. I found an offshore investment platforms to trade stocks and currencies works just great!

Costa Rica may not be a good offshore jurisdiction if you are looking for a company that will be recognized as acceptable by banks and other business partners. I just learned this the hard way where I got declined one by one :(

For sure it's always good to have a business plan and an idea of an offshore company formation structure for ones business.

shame, my hope was you knew.. thanks anyway.

You must consult an International tax lawyer if you don't know. It depends on where you live and if you don't live in the UK then you will have great tax benefits to move there for the first 7 years. Requirement will be that you have an offshore company and do business outside / abroad UK so...