How To Choose An Offshore Bank

Offshore banking, i.e.: banking in a jurisdiction other than the one in which the individual/company is located, offers interesting benefits, in terms of taxation, confidentiality, etc. An e-business’ owner who has taken the decision to move offshore should choose an offshore bank with the same care and caution he/she would put in the choice of an onshore bank. Fortunately, offshore financial centers are all striving to attract e-business entrepreneurs, and the competition in the offshore banking sector has led to a sophisticated level of services.

The following questions have been addressed in this article:

What are the characteristics of a good offshore banking location?
What are the characteristics of a good offshore bank?
What are the usual requirements for opening an offshore bank account?


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