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Advantages of opening a cyprus bank account

goldentalk

Offshore Agent
Mentor Group Lifetime
Sep 11, 2009
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Some general Advantages that Cyprus banks can offer include:


the Geographical location (at the crossroads of three continents)


A stable economy in a western-type democracy.


Legal system based on English Law.


Excellent telecommunications and air connections.


Excellent banking facilities with worldwide networks.


High level of professional services.


and did i missed out on anything?
 
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According to me Opening an Cyprus bank account is that you will be able to learn and handle business, you will be developing your entrepreneurship and leadership capabilities.
 
All mentioned here is true, you just simply forget that Cyprus banks also have a strict banking secrecy which is of high interest for many investors and businesses. One will need a local court order to access the account and to find the beneficial owner of the account.
 
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