Offshore investment accounts simply refer to investment strategies that capitalize on investment opportunities that are located outside the United States or other country of residence of the investment client. These investment accounts are known for having low tax liabilities, thus making them also sometimes thought of as investment tax havens. Investing in offshore accounts also [...]
Tags: advantages, benefits, Financial, Investment, investment strategies, investors, legal benefits, local financial, offshore, offshore accounts, Offshore Banking, Popular Offshore, tax liabilities
Posted October 10, 2010 by ][-NooM-][ under More Bank
What is offshore banking? Offshore banking can be defined as using the services of a bank located in a different jurisdiction or country than the depositor resides in. Offshore banks are usually located in places considered as tax havens and also provide additional confidentiality and security for the depositor. The term offshore was originated from [...]
Tags: advantages, banking services, benefit, domestic banks, Investment, mortgages, offshore, Offshore Banking, offshore financial, retail banks, savings accounts, tax
Posted October 10, 2010 by ][-NooM-][ under More Bank
Constant news that these accounts are used for illegal money dealings scares us away. Hollywood has done its fair share of publicity portraying offshore banking in a negative way. Actually offshore bank accounts are legal and more than half the world’s wealth is owned through them. However if an individual or a corporation uses this [...]
Tags: ATM, bank accounts, Banks, business, Credit, debit card, legal, offshore, Offshore Banking, offshore credit, Savings
Posted August 11, 2010 by ][-NooM-][ under More Bank
You might already think that you know all you need to about private offshore banking, but if you’ve got a fair bit of capital to manage and could do with re-structuring your finances, then it is probably right up your alley. Private Offshore Banking is designed to offer a personalised, tailor-made service which will optimise [...]
Tags: banking, benefit, estate planning, finances, grips, investing, offshore, Offshore Banking, Private, private banks, Savings, services extend, trusts, wealth management
Posted July 21, 2010 by ][-NooM-][ under More Bank, More Financial
Chris Meares has been joking with HSBC group chairman Stephen Green that the role of chief executive of private banking has become increasingly precarious, given the recent departures of wealth management heads at Citigroup, UBS and Merrill Lynch. It is the kind of conversation one starts with a boss in order to receive a few [...]
Tags: AIG, Barclays Wealth, Bargains, Citigroup, Coutts, emerging markets, HSBC, offshore, Private Bank, UBS
Posted June 13, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
The World Bank launched two new reports on wind power today. The reports, titled “Regulatory Review of Offshore Wind in Five European Countries” and “Strategic Guidance” present examples and options for consideration by China in meeting the challenges of offshore and large scale onshore wind power development. In recent years, China’s achievements in wind power [...]
Tags: China, Development, European, guidance, NEA, offshore, onshore, planning, World Bank
Posted June 9, 2010 by ][-NooM-][ under More Bank
It is a peculiar irony. A year ago, the the UK’s Inland Revenue began a crackdown on offshore savings. Banks operating out of the Channel Islands and the Isle of Man had to hand over details of British customers, and depositors who confessed were rewarded with an amnesty. Thousands did and many must have given [...]
Tags: Banks, criminals, Inadvertently, offshore, offshore savers, Savings, taxpayers
Posted May 22, 2010 by ][-NooM-][ under More Bank