Dubai is without a doubt the most exciting International Finance Centre in the world and although a relative start-up as an offshore tax havens, it’s rapidly become the most dynamic banking and financial hub of the United Arab Emirates (UAE). Dubai has now grown big enough in the global banking scene to earn it’s own [...]
Offshore banking can be immensely lucrative to many investors. This is primarily because an investment’s rate of interest is much higher in the case of numerous, offshore jurisdictions. Many offshore companies are established in a location that offers a low tax jurisdiction, which assists in earning a high rate of interest and thereby, generating much [...]
The Cook Islands Are A Beautiful Place For Tax Free Investing And Offshore Banking. Probably one of least important features required of a tax haven, is beauty. But if an investor is planning on spending any time in the region where they do their banking, the Cook Islands offer a beautiful setting for tax free [...]
We are going to discuss the movement of funds from your own country or another country to an offshore bank presumably in an offshore tax haven. We are not going to discuss any illegal scenarios. Why do People Move Money and Assets Offshore – Many of you will first think taxes? Well you are wrong. [...]
The “sovereign democratic federal state” of St. Christopher-Nevis (as its 1983 constitution ceremoniously describes it), has a governmental form and name almost bigger than its population (45,000), and total land area (267 sq. km.). But this tiny West Indies island nation, known to the natives as “St. Kitts-Nevis,” has become very big in certain exclusive [...]
Limassol, Cyprus, 03/21/2011 – DeltaQuest Group has launched another of their online specialized service portals: MyBankingLicense, which is specifically designed to assist clients in obtaining offshore banking licenses in over 15 jurisdictions worldwide. MyBankingLicense.com offers clients from across the globe assistance in acquiring both onshore and offshore banking licenses. The DeltaQuest Group consultants have expert [...]
The Luxembourg Parliament has adopted a law on Specialized Investment Funds (SIF), which offers a number of new features, including a broader definition of “eligible investors” to include both professional and private “well-informed” investors. The new law replaces the law of 19 July, 1991 which concerned collective investment schemes reserved for institutional investors. According to [...]
Ireland has become the jurisdiction of choice for high value investments in hi-tech manufacturing plants, research and development projects and financial services according to the Irish government’s Industrial Development Agency (IDA Ireland) as it marked an “outstanding” year for growth and new investments in 2006.
QUESTION: I have just left my company and I have $175,000 in my savings and investment account.Is there any way to transfer that money in an offshore account to grow for the next 15 years, to avoid my heavy tax burden when that money is drawn out? I am new to this, and with my [...]
By Paul Lashmar The US Senate has accused the Isle of Man, the Cayman Islands and other offshore havens of facilitating tax evasion that costs other countries billions of pounds every year.