offshore banking

50 offshore banks

I have no technical knowledge about offshore banking, but the idea is great!

so anybody did anything in the end? im looking for a solution where you can also withdraw the money with a cc or debitcard....that would be the easiest...;)..and specially countrys who are not cooperative ;)

good input

how about you?

It sure is :-)

It's not thru any unwillingness to help, but sure don't want any bank I deal with getting silly enquiries from tax evaders asking about plastic cards and are they OK with the adult biz etc - and would not be publishing bank URL's on adult chat boards

Tip - Google for offshore banks or banking in whatever offshore area - there are a fair number

Ah - you answered

What's offshore?

Offshore business accounts are there to protect business assets from the tax man. You can't pay tax on a business in an offshore tax haven juristiction. You reinvest or invest that cash and let the money grow. Then you retire to your tax have and benefit from your hard earned work.

You can of course pay yourse;f a minimum salary and pay taxes on your salary. The second you draw your companies money in your country (those that have worldide tax statement; US/UK/France/Germany/Australie etc), you are in deep doodoo

For those looking to use offshore banking for 4ax evasion are just dumb - every time you use that ATM card it registers. Every time you use that VISA debit card it registers. All cards have a number. 99.5% of cards have a name. The number is immediately identified as non-local the minute it's entered into a machine. Using that card a few times a year in you counry will be fine. More than that and you are asking for big trouble. There are many sites that offer anonymous ATM, but for those that appear truly anonymous, the cost and the amount you can load is not worth it.

If anyone wants a pdf (100+ pages) of what ALL international banks agree to and to share to goverments, including those in Belize, Panama et al, drop me a line. I'll be happy to send it to you - it's a real eye opener.

Be careful, whatever your reasons. It's a different world out there today.

*paddles quietly away from the bank and back toward shore*

not sure how you got that document but it could be interesting

if you wouldnt mind sharing it, would be great

aristocrat at gmail.com

I would love to read that PDF. Could you possibly e-mail it to sinisterbanana / gmail / com? Thanks, I would sincerely appreciate it...

HSBC can be a bit of a pain in the ass some times, but they are a major player in the Banking world.

their atms are total shit, and if you lose your money from one, well. you are screwed. But the most you can lose at any one time is about 400$

Would agree with this tho the "anonymous ATM" stuff is a farce and just another way of selling bank accounts or sub-accounts which can often be opened online at no cost - it's not really remotely near any valid offshore activity.

Unfortunately the same scammers offering these services also offer offshore companies and they can cause their victims some damage. If anyone wants a corporation - deal only with an offshore lawyer/formation agent who is actually offshore and not an onshore lawyer (tho seek legal advice from his re his own jurisdiction) or some guy in Virginia or Ireland selling companies.

It's disturbing to think that some folks looking into offshore are still at the level of thinking about non-existant "numbered accounts", tax evasion and plastic as tools.

OECD have implemented transparency rules for banking globally - most countries, including offshore jurisdictions have agreed to those rules and are generally strict in following these guidelines. They are normally enforced by the banking regulatory authority within each jurisdication. If a bank violates the "code of conduct" - they can lose their banking licence and be closed down - within days. Offshore banks are no different and can be even fussier.

There are also a fair number of MLAT's (Mutual Legal Assistance Treaties) in place with several high tax regimes where cooperation is extended to reduce areas of crime and money-laundering.

Bottom line - it is pointless and amateur to be thinking of offshore in illegal terms. No offshore wants this type of business. If a scenario is constructed legally (and normally with a corporation attached) and the background of the beneficiary is "clean" - this is not a problem. In return, an offshore area will provide several benefits, including no or little taxation, privacy in banking, corp trading and several other features.

For webmasters (excluding US folks for the moment since this is probably less beneficial), the simplest legal method of paying no taxes is be resident offshore. There are also numerous "half measures", but these normally need a structure set up (of one or more corps) and legal advice from both onshore and offshore lawyers.

not sure if they cause damage or rather help, haven't tried, but there's indeed a multum of such companies/websites offering diffirent 'offshore packages' - whether corporations or personal bank accounts

they actually make the research on offshore banking and regulations harder, cause they got all the best Google spots for the relevant terms, lol

This can be a problem PA

Some of the info given is actually OK and can be useful (and there may be a number of qualified folks offering these), but would never buy from them. It's often like buying an offshore corp from an onshore reseller - not a good idea when all privacy can be undermined at the initial buying stage and the data is available "somewhere" onshore.

A few onshore lawyers I used to know who dealt with offshore, actually moved themselves physically offshore - not because of any scam element, but simply because their records could be legally accessed if any onshore authority wanted to do this, and they wanted to protect their client data.

International lawyers who may have offices in OS areas obviously keep the OS data in whatever OS jurisdiction office - and not in an onshore office.


PS If you want details of lawyers/formation agents or banks - no problem - can hit you up. They may be a clue, but not sure what jurisdictions are "candidates" in your instance - better discussed off this board:

need info on banking in cyprus, let me know,

post more links, dudes, MORE LINKS to trusty offshore banks

I'm not sure you can get those links posted here. Maybe you can contact some of us on icq... (see sig for icq)

The smartest post of the thread!

sent you also an ICQ about this but you didn't reply....

i both icq'ed you and posted here but looks like you missed it somehow

if you still have that document and wouldn't mind sharing, would be appreciated
Im curious what it is and also how old it is

email: aristocrat at gmail.com

thanks for your time

i like poo

Sorry - don't check in here often...
pdf send

oecd.org - a useful info place....

3 words.

isle of man.

9 words.

As long as you don't live in the UK

Yeah, swissquote is well known and established here in Switzerland

thank you

Reminds me PA - here's another site which covers the basics of OS jurisdictions, what they offer or not, e-commerce, the laws, what type of corps are available and stuff like whether they have MLAT's in place etc...

http://www.lowtax.net

If you are using offshore banking services and/or are you Cypruss or Hong Kong please contact me on ICQ (number is in sig)

thanks!

Good thread. We are all in the same boat.