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maiabankssyt
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Golden Rules To Offshore Banking
I have three young Belizeans training and working as Realtors (R) who have either come from another firm or from another occupation to work for Rainforest Realty. They know they'll get the best experience and have the best reputation in the marketplace here.

http://www.youtube.com/watch?v=yRDan-v-AKE

offshore banking is when an individual opens a bank account in a country where there is low or no tax at all. Your saving and earning are protected and will not be eaten up by tax that you have to pay. This is very advantageous especially if you want to save money. Yes, it is legal in most countries so you can consider this option.

There's nothing illegal about having an offshore bank account. At least for now. While Hollywood has created a scene where those who bank out of the country are briefcase-carrying criminals or guys in Tommy Bahama shirts flying prop planes onto tiny island landing strips, nothing could be further from the truth. Your government doesn't want you to move money to another country because it makes it more difficult for them to tax.

I gave my buddy $50 to get started and then we had to pay $50 per month thereafter. Thing was a few weeks later I started seeing a ton of reviews and personal reviews about them and realised that these guys were running a Ponzi Scheme.

Which means this step is somewhat optional, for offshore banks. But, if your bank (local or offshore) says it is FDIC insured, and it is not, it is a sign of fraud. And therefore not a safe place to keep your money. If they are an offshore bank without FDIC insurance, you just need to make sure you balance your risk.

Make sure that when you get your offshore account or debit card it is coming from a jurisdiction with high anonymity laws. Certain countries make that privacy law, so as long as you have not done anything illegal, that privacy cannot be breached.

living abroad, credit card trouble, international offshore savings




 
 
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