There is a lot of confusion in regards to offshore banking and the opening of bank accounts offshore so this information and topic comes in handy. Thanks for the shares.
For people in Romania Cyprus or Belize offshore banking is great. You won't have troubles to get an account there and it makes live and your business much easier!Great share Admin as usually. Offshore banking is a very good idea if you live in an unsecured country like I do in Romania.
There can be tax reasons for why you want to incorporate your business as an BRANCH in the Netherlands.Why do you want to be in the Netherlands with your business, honestly I don't trust this country to stay an tax heaven as it is now. Soon the EU will overrule all their tax policies and regulations and demand them to streamline it with the rest of the EU.
Yeah if you want something else than Cyprus you can go with a Belize bank otherwise you can just open an account in all 3 countries so you get covered in case something should happen with one bank you can switch to the next.Long time not reading about all my options, I still own an old Seychelles company banking I lost because I didn't renewed the company on time! Now I read lots about Belize, Bahamas and Mauritius offshore banking. This seems to be an good alternative to Cyprus banking.
You keep the ball low, means you don't start moving in or out high amounts but get started slowly.Thank you, great share really. May I ask what is it you are looking for at an offshore bank to make sure they an be trusted and that you get your money when you request it?
How can you avoid the bank to start a review of your accounts so they will put your money on hold?
I read that there is no interest on offshore accounts is that true? I mean I only care of privacy but I was convince that offshore accounts pay interest so onshore accounts do!In many of these places you get a chance to earn a lucrative interest in your savings and at that, the interest earned is almost always exempt from tax.
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.I read that there is no interest on offshore accounts is that true? I mean I only care of privacy but I was convince that offshore accounts pay interest so onshore accounts do!
You can't contact any of the banks directly in Cyprus for account opening you need to find an introducer for this purpose. They willCan you please tell me what is the best bank in Cyprus for offshore banking? I have no idea about it and see many names mentioned here and on forums all around. When I contact one they don't reply and don't tell me how I can be a customer there??