Offshore Banks Of The World - Offshore Banking For Asset Protection
An offshore bank is defined by its location, or 'jurisdiction'. An offshore bank is usually located outside of the depositors country of residence, typically within a jurisdiction that levies very low taxes, or no taxes at all. Each jurisdiction varies in its degree of taxation, its degree of privacy, and its services. Offshore banks located in politically and economically stable jurisdictions provide a safe-haven for assets that may be at risk in the nation in which the investor lives and holds residency. This provides an asset protecting (perhaps lifesaving) modality for those who have residence in nations where there is a risk of economic collapse, war, political instability, or a breakdown of the social order. Offshore banks provide a haven for the assets of those who fear their assets may be frozen, seized, or corrupted by an instable currency.
Offshore Banks Worldwide
Andorra - Offshore Banks in Andorra - Andorra.The Principality of Andorra (Principat d'Andorra), is a small country in Europe, located in the Pyrenees mountains. It is bordered by Spain and France. Citizens, and investors are not charged personal income tax.
Anguilla - Offshore Banks in Anguilla - Anguilla - a British overseas territory in the Caribbean, one of the most northerly of the Leeward Islands in the Lesser Antilles. It consists of the main island of Anguilla itself, approximately 26 km (16 miles) long by 5 km (3 miles) wide at its widest point, together with a number of much smaller islands and cays. Anguilla's offshore sector provides IBC's and offshore banking. Many insurance and financial business are headquartered in Anguilla.
Antigua & Barbuda - Offshore Banks in Antigua & Barbuda - Antigua and Barbuda is an island nation located on the eastern boundary of the Caribbean Sea. Investment Banking and Financial Services comprise an important part of the economy. Major world banks with offices in Antigua include: Barclays, Royal Bank of Canada (RBC), and Scotia Bank among others.
Aruba - Offshore Banks in Aruba - Aruba - Offshore banks take the form of 'offshore' NVs and are permitted to deal only with non-residents or with Aruban Exempt Corporations. The NV is a limited liability company which is available to residents and to non-residents alike. An NV operated by non-residents and trading outside Aruba is an offshore NV, whereas an NV controlled by residents and trading inside Aruba is an onshore NV. - Apart from low taxation, and exemption from customs duties, companies in the Free Trade Zone have access to certain types of EU grant or assistance. For a company importing or trading in physical goods in the EU, an Aruban Exempt Corporation can be combined with a base in the Free Trade Zone to give a very effective result.
Austria - Offshore Banks in Austria - Austria has evolved into a sophisticated international banking center. For many reasons, an Austrian bank account offers an ideal entry point into the world of international investment. Austrian banks are safe and well capitalized.
Bahamas - Offshore Banks in the Bahamas - Offshore finance is the second largest industry in the Bahamas, accounting for about 15 per cent of GDP. - Offshore finance is the second largest industry in the Bahamas, accounting for about 15 per cent of GDP.
Barbados - Offshore Banks in Barbados - A 'Low-tax regime' not a 'Tax haven'. - The government of Barbados sent off a high level note to members of the United States Congress recently in protest of the label "Tax Haven" stating it has the potential to undermine or override the Barbados / United States double taxation agreement.
Belize - Offshore Banks in Belize - The legal system of Belize is founded on English Common Law supplemented by local legislation. Belize is now in its second decade of providing international financial services.
Bermuda - Offshore Banks in Bermuda - Bermuda does not levy income tax on foreign earnings, and allows foreign companies to incorporate there under an "exempt" status. Exempt companies may not hold real estate in Bermuda or trade there, nor may they be involved in banking, insurance, assurance, reinsurance, fund management or similar business, such as investment advice, without a license.
How to Choose an Offshore Haven - How do individuals interested in privacy and security choose the best haven for wealth? To begin with, you should understand that each "offshore" haven is unique. A country that provides the best banking regulations won’t necessarily be the best place for incorporating a business, just as the best jurisdiction for privacy won’t necessarily be the best for an offshore trust. Yet, there are general guidelines for choosing an asset haven that apply across the board. By John Pugsley
Trading Currencies: What really counts is market sentiment - . . . in order to take advantage of the best exchange rates, it is imperative to understand the reasons for the exchange rate movements. The information that is available tends to be mostly news style factual reporting and the more your search the more repetitive the information becomes.
Bulgaria - Offshore Banks in Bulgaria - Bulgaria - corporate tax is 10% , income tax is 10% , tax on dividends is 5%, no capital gain tax
Campione d'Italia - Offshore Banks in Campione d'Italia - Campione d'Italia an Italian enclave within Switzerland
British Virgin Islands - Offshore Banks in the British Virgin Islands - The 2000 KPMG report to the United Kingdom government indicated that the British Virgin Islands was the domicile for approximately 41% of the world's offshore companies, making it by some distance the largest offshore jurisdiction in the world by volume of incorporations.
Cayman Islands - Offshore Banks in the Cayman Islands - The Cayman Islands are a major international financial centre. With the biggest sectors being "banking, hedge fund formation and investment, structured finance and securitization, captive insurance, and general corporate activities." The Cayman Islands are the fifth-largest banking centre in the world.
Channel Islands - Offshore Banks in the Channel Islands - In the Channel Islands, no tax is paid by corporations or individuals on foreign income and gains. Non-residents are not taxed on local income. Local taxation is at a fixed rate of 20% in Jersey, Guernsey, & Alderney and 0% in Sark.
Cook Islands - Offshore Banks in the Cook Islands - Cook Islands are a self-governing parliamentary democracy in free association with New Zealand.
Cyprus - Offshore Banks in Cyprus - Cyprus: this jurisdiction has grown recently in popularity and anticipates further future growth. As a jurisdiction Cyprus is in a position to exploit its unusual position as an offshore jurisdiction which is within the EU.
Dominica - Offshore Banks in Dominica - Dominica - Not to be confused with the Dominican Republic, uses British Common Law, provides corporate structures and has started to provide offshore banking.
Ghana - Offshore Banks in Ghana - Ghana remains one of the more economically sound countries in all of Africa. Ghana, it seems, is in cahoots with Barclays bank to set itself up as a tax haven. Ghana is an oil rich nation.
Hong Kong - Offshore Banks in Hong Kong - Hong Kong's tax rates are low (17%) enough that it can be considered a tax haven. Hong Kong does not levy tax on capital gain as well. Plus it is the gateway to China for those playing the China card.
Isle of Man - Offshore Banks in Isle of Man - The Isle of Man does not charge corporation tax, capital gains tax, inheritance tax or wealth tax. Personal income tax is levied at 10% on the worldwide income of Isle of Man residents, up to a maximum tax liability of £100,000. Banking income tax is levied on the profits of Isle of Man based banks at 10%.
Offshore Banks in Labuan, Malaysia - Labuan, a Malaysian island off Borneo. Labuan is best known as an offshore financial centre offering international financial and business services via Labuan IBFC since 1990.
Offshore Banks in Liechtenstein - Liechtenstein has some of the strongest bank secrecy laws in existence. Since Liechtenstein is one of the five richest countries in the world in per capita income and personal wealth, it is unlikely to be swayed away from privacy by promises or threats.
Offshore Banks in Luxembourg - Luxembourg is one of the fastest growing financial centers in the world and has seen a massive influx of capital in the last decade due to its liberal banking and tax laws. Although its secrecy laws only date back to the early 1980s, it has maintained a long tradition of banking confidentiality. Information will only be released to foreign governments if the depositor has been charged with a crime that is related to the account that is also a crime in Luxembourg.
Malta - Offshore Banks in Malta - Malta - Shareholders of certain companies pay less than 5% tax
Macau - Offshore Banks in Macau - Macau for import- export-geared textile and garment manufacturing, banking and other financial services.
Mauritius - Offshore Banks in Mauritius - Mauritius - L' île Maurice - Acts as an offshore financial center for rich South Africans and others in the region.
Monaco - Offshore Banks in Monaco - Monaco levies no income tax on individuals. The absence of a personal income tax in the principality has attracted to it a considerable number of wealthy "tax refugee" residents from European countries who derive the majority of their income from activity outside Monaco.
Panama - Offshore Banks in Panama - There are more than 120 banks in Panama City, making it a serious player in the international financial stage. Panama is the banking hub for much of Latin America.
Offshore Banks in Saint Kitts and Nevis - Saint Kitts and Nevis
Offshore Banks in Switzerland - We have only listed the banks in Lugano, Switzerland. Switzerland has been economically and politically stable for centuries, enjoys a low rate of inflation and the Swiss franc is one of the strongest currencies in the world. It remains the model from which all other financial centers are compared. Although Switzerland has succumbed to the pressure of the U.S. government to loosen its strict secrecy laws, for safe banking it still rates as one of the top havens.
Offshore Banks in the Turks & Caicos - Turks and Caicos Islands
Uruguay - Offshore Banks in Uruguay - While it is not generally known as such, Uruguay is a tax haven. EscapeArtist.com has prepared a series of free special reports on Uruguay's investment potential. If one wants to open an account in Uruguay one should go through a lawyer from Uruguay.
Offshore Funds Offer Profit, Protection & Privacy: How Do We Buy Them Safely? - I’m going to lift the censorship on some of the best funds you’ve never heard of—including funds that have produced outstanding returns during both the bull and bear markets. I’ll also tell you the do’s and don’ts of investing in offshore funds. Offshore funds present some of the most profitable investment opportunities available internationally. However, there are certain "tax traps" for unwary U.S. investors who purchase offshore funds without considering the tax consequences. I’ll explain how these caveats and how to avoid them. By Mark Nestmann
Obtaining Residency And A Second Passport From The Dominican Republic - "While the Dominican Republic does offer a formal economic citizenship program, the process and cost involved for getting residency and eventual naturalization makes it one of the best bargains around. The Dominican Republic is also one of the best places in the Caribbean for bargain Caribbean Real Estate, Tax-Free Banking, and the added bonus of beautiful climate should your interests include a comfortable place to call home.