How to open accounts with offshore banks? How do foreign banks work? Which banks are the best in a particular country? Look for answers to these questions and more in this section of the InternationalWealth portal.
Diversifying your assets into a foreign (offshore) bank in the 21st century is not a whim, but a dire necessity for many people. Keeping all your money in one bank and even one country is a bit like putting all your eggs in one basket. And that basket is then constantly twisted on a long rope over your head in a room full of hard and sharp objects!
The distribution of assets across different economies, legal systems and on different conditions helps to reduce the risks of a one-time loss of savings. Plus, it opens up additional opportunities: investments abroad, education, travel, residence permit / permanent residence, citizenship by investment and more.
The InternationalWealth portal brings together a professional team of experts that helps entrepreneurs and other interested parties to open bank accounts around the world: with a personal visit or remotely. We offer a free consultation on the selection of an offshore bank account for individuals and companies.
You can find out more about offshore banks in the articles in this section.
At the bottom of the page, you will find a selection of in-demand materials and services about offshore banks.
Why opt for offshore banking in Belize? How you can select the ideal offshore bank for foreigners in Belize. Advantages of banking in Belize. Cons you should be aware of. Is the premier bank in Belize suitable for you if you are an investor, offshore company, private customer, or blacklisted individual? Guidelines for remote account opening and banking access in Belize.
How FATF monitors suspicious banking transactions. National monitoring. Suspicious transactions on French, German, US, and UK bank accounts. Banks’ role in identifying suspicious transactions on client accounts. Types of suspicious transactions that alert banks: large cash transactions, dropping or structuring, unusual or unexplained transactions, high-risk customer transactions, and transactions involving politically exposed persons. Unusual activity examples.
Every year, major world agencies form ratings of the best banking institutions, both in general and in terms of individual indicators. Our experts have prepared for you an ultimate review of such ratings, from which you can learn about the largest and most reliable banks on the planet.
What is the main bank in Europe? This is, of course, the European Central Bank. Our experts will tell you how and when this institution was founded, who manages it, what tasks it solves and other important information about the European regulator.
FATCA in Switzerland. FATCA Models 1 and 2. IRS and its regulations Offshore Voluntary Disclosure Program (OVDP) in the USA. Switzerland: other financial and tax information sharing accords in 2023. AEOI in Switzerland. Tax accords on administrative aid and data exchange in Switzerland. Reliability of Swiss banks in 2023.
If you want to invest in new disruptive technologies and have the protection of a country that has been working to protect investors for this type of financial products, you should know more about the Bahamas. The Bahamas is an island country located in the Caribbean that has become a major financial and banking center […]
Would you like to know which bank is the safest in Europe? Anyway, why are we talking about Europe? If we look at the ratings of the safest banks according to such reputable organizations as Forbes and Global Finance, we will see European banks in the Top 10. Therefore, if we want to choose “the safest of the safest”, they will all be located in Europe. It seems to be the best place for banking services! The article focuses on the criteria that are used to determine the top-ranking banks and the way your funds will be insured if you decide to deposit them with these strongholds. Read on to find out!
Offshore bank account in Mauritius: 7 key benefits. High interest rates, deposit security, flexibility, investment opportunities, lending programs, and efficient tax optimization in Mauritius. How did Mauritius emerge as a top offshore hub? Advantageous geographic location, political stability, legal system, and regulatory framework. Arbitration center in Mauritius. DTA agreements. Diverse business structures in Mauritius. Favorable taxation. Skilled workforce. Well-developed banking industry.
Switzerland remains the most reputable jurisdiction as far as banking services are concerned. However, history knows many examples when scandals in the Swiss banking sector have broken out. Most often, this happens because a Swiss bank is involved in some money laundering schemes or it helps its customers evade taxes. In other cases, a banker can be bribed to give a loan. The truth always comes out eventually and the bank faces serious consequences.
Getting hold of the main drivers behind Chinese banks' high capitalization and asset levels. Comprehensive look into China's banking system. Discovering key insights into the Chinese banking system. Top ratings of China's biggest banks. Forbes Global 2000, S&P Global Market Intelligence 2022, and The Banker 2022. China Construction Bank, ICBC, ABC bank, Bank of Communications, and BOC – meet China’s top-5 banks.
Myths and legends about overseas banks and accounts. Best foreign banks and their features. Banking offshore: your path to success. the best international banks for business purposes in 2023. Top offshore neobanks in 2023. Traditional banks overseas and their characteristics: find your gem for overseas banking. Top countries and territories for offshore banking. Follow expert advice for optimum results.
Offshore banking offers various services and products outside one's home country, providing benefits such as asset protection, tax savings, and investment diversification. Seeking professional advice is crucial due to potential risks and compliance requirements. Contact us for more information.
Bank secrecy in modern Switzerland: reality or myth. Swiss banks have been automatically sharing bank customer info with the EU member states since 2018. What does Automatic Exchange of Information (AEOI) imply? The AEOI standard: bank customer data that are shared. Is bank secrecy still a reality in Switzerland?
A zealous campaign against money laundering and terrorism financing is continuing in the world. It affects banks in all parts of the world to a large degree. The banks have to comply with the rules set by regulatory agencies at three levels: the local, the regional, and the international ones.
People have always liked (and will always like!) strength and power, so they want to cooperate with the strongest players in the market. If you open an account with the largest bank available, you get access to top reliability and resources, and this is the reason why the top 5 is a good idea to help you make a choice. In this post, we will present the top 5 largest banks in Europe by the total amount of assets and tell a few words about their services and peculiarities. You can become a customer of one of these financial giants in a matter of several weeks. Contact our experts for updated information.
Is your banking information going to be completely confidential if you bank is based in Switzerland? No, not completely. Official state agencies including fiscal authorities are going to have access to your banking information. However, the laws of the country efficiently protect banking privacy anyway: the bank account holder’s information can never become available to unauthorized third parties.
The European banking system is a symbol of reliability and stability. Our experts have prepared for you an overview of the European Union’s banking sector with interesting facts and figures.
Credit Suisse has always had a reputation as one of the most reliable banks in the world. However, the bank's financial results in 2022 are very disappointing. Our experts analyzed the consequences of this institution's possible bankruptcy.
Perks of offshore banking. IRS and global tax administrations on a crusade against offshore banks. Circumstances when FATCA doesn't work and you don’t need to report tax info to the IRS. When isn't the Common Reporting Standard (CRS) effective? Tax information exchange persists: are offshore bank accounts worth opening? Professional services for you to avoid issues with offshore account setup and tax info exchange.
Switzerland is the main banking center of the world. A great number of affluent people from different countries keep their money in Swiss banks. There they find an unparalleled level of banking security. Even though the interest on some types of bank deposits is negative in Switzerland, opening an account in a Swiss bank makes economic sense anyway.
What bank do most millionaires use? What bank do billionaires use? What banks do very wealthy people use? How much do wealthy people keep in the bank? What is private banking, a private account? Take into account: experts advise not to put eggs in one basket. Get your private account in 2023.
Boslil Bank is a reliable offshore bank in the Cayman Islands and Saint Lucia that we have been working with for many years. We recommended it to many clients and have always received good feedback. The bank has announced changes: it was fully acquired by an international holding company, Proven, and they are going to rebrand the institution to create Proven Bank. This naturally entails some changes in the structure and management, but is it going to influence the relations with customers in any way? We looked into the matter and want to share the results with you.
International transactions are associated with risks, and buyers and sellers need instruments that can guarantee payment in case of default. There are two instruments typically used by international companies to secure payments: a letter of credit and a bank guarantee. In this article, we will discuss the similarities and differences between them, and look at the possibility of obtaining them from offshore banking institutions. Our experts can help you find the right bank in the right offshore jurisdiction, and also obtain the required document.
Best neobanks in 2021 – difference from traditional banks, peculiarities, key services and functions, terms of use
