Protecting Your Assets Using Offshore Banking

Offshore banking or Offshore banks refers to the many banking and investment institutions available in countries and jurisdictions other than the depositor’s home country. Offshore banking has increased rapidly all over the world since the mid-1960s because of the growth and liquidity of world financial markets. The banks, for which we are an official agent or representative, offer a full range of offshore online banking services, all of them with offshore internet banking and debit cards which will allow you to have quick and easy access to your funds almost anywhere in the world.

Bank Cards

You should be able to get some sort of a Visa or ATM card that allows you to access ATM machines worldwide. You can use it to: Manage your day to day finances from anywhere in the world, make payments on your credit cards, investments, loans or UK mortgages. You can also View balances and statements for your accounts and Bank credit cards online, make free bill payments and enjoy reduced rates on international money transfers. Sterling and US dollar debit cards offer a convenient, secure way of accessing the money in your Offshore Bank Account, wherever you are.

Offshore Services

A series of articles published on June 23, 2006, by The New York Times, The Wall Street Journal and The Los Angeles Times revealed that the United States government, specifically the Treasury Department and the CIA, had a program to access the SWIFT transaction database after the September 11th attacks rendering offshore banking for privacy severely compromised. However, as this incident was shrouded by time, there has been a surge of confidence in Offshore Banking, especially in Central American countries, namely Panama.

Panama Visas and Residencies Panama offers an instant Passport program (Panama passport in 60-90 days) and a number of exciting and affordable visa programs including the Panama Reforestation Visa Program, Panama Pensionado Program, Permanent and Temporary Residency programs. Panama immigration welcomes Canadian, US and European citizens who wish to emigrate here as we offer far greater purchasing power for the equivalent money earned in other countries. We can open an offshore corporation, foundation or bank account for low prices with exceptional offshore banking services in about 3 to 5 days after being given the relevant documentation which can be easily sent by courier or fax. These are just a few of the advantages to living and conducting business in Panama.

Foundation

Offshore banking is often linked to other structures, such as offshore companies, trusts or foundations, which may have specific tax advantages for some individuals. In contrast, create a trust or family foundation or invest in a suitable offshore jurisdiction and your finances are essentially judgement-proof.

Conclusion

Offshore Banking home The banks, for which we are an official agent or representative and offer a full range of offshore online banking services, all of them with offshore internet banking and debit cards which will allow you to have quick and easy access to your funds almost anywhere in the world. This type of ease and convenience has made Offshore Banking and Panama, especially a popular chice for those wanting to bank offshore.

Related Post: Panama Offshore Banking