Offshore Banking

About the Offshore Banking Group

An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal... more »
An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. These advantages typically include:

greater privacy
low or no taxation
easy access to deposits
protection against local political or financial instability « less

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About this Group

  • Created: May 28, 2010
  • Type: Other...
  • Members: 71
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