Enter your contact information below and we will send you an Information Pack
It is without a doubt that banking offshore can be beneficial for certain individuals. It can provide access to foreign currencies or financial products not available in the UK, along with more privacy and the potential to be more tax efficient. But managing an offshore account can also be complicated, with varying factors determining which
The coronavirus pandemic has changed the work landscape, and the perception of remote work. Having a choice of work environment and location has now become a key factor for those in search of a better work-life balance. Companies across the globe are also more likely now, than ever before, to access freelancers both for cost
Offshore banking is neither illegal nor immoral. Yet, it has become a toxic term, vilified in the press due to association with tax evasion, money laundering and organised crime. Moreover, in 2016, top economists from around the globe put their names to a letter that called for an end to “tax havens”. But this begs
Expats: those who live and work all over the world in different countries from the one they call home. Not only is there the challenge of becoming accustomed to different cultures and food, but it also comes with the challenge of managing money in a different country, with a different currency alongside its own rules
Located in the Caribbean, the British Virgin Islands (BVI) is famous for its white sandy beaches, lush mountain terrain and famous shipwrecks. A hotspot for tourism, the BVI is also a popular jurisdiction for many to base their offshore banking, thanks to its stable government, well-regulated legal system and flexible legislation for opening an account.
With so many countries promising special incentives to foreign investors, it is reasonable to ask yourself, “which offshore jurisdiction is right for me?”. While there is no one-size-fits-all answer to this question, certain countries hold a better reputation and are therefore more popular than others. For example, countries like the British Virgin Islands, Cayman Islands
Offshore banking often brings one of two things to mind: either a type of bank account used exclusively by the ultra-wealthy, or, the type of account used by those who have something to hide. The reality is, offshore bank accounts appeal to a broad client base. But what are the benefits associated with having an
When you think of an offshore bank account, what comes to mind are often images of globetrotting millionaires who deposit money with the specific intent to avoid tax. The reality is, this is not the case and is often an outdated view. Offshore bank accounts are far more likely to be opened by expats working
What is offshore banking? Offshore banks are simply banks that are in a different country from that in which you reside, and therefore may be subject to different banking laws. An offshore bank account is therefore a bank account opened by someone who is a non-resident of the country in which the bank account is
There’s a burst of excitement that every entrepreneur knows. That moment when you are struck with an idea for a new business. It’s a moment of both fear and excitement. Could it work? Has it been done? How big is the market? Is there a sustainable competitive advantage? Once you’ve done your research and reality
