Offshore Banks, Offshore Private Banking

Offshore Banking

An offshore bank is just a bank that is not in your country of residence and usually located in a tax haven or a low tax jurisdiction. The other typical advantage of offshore banking is strong bank secrecy legislation Why would you want an offshore bank account? - Privacy - Pay minimal or zero taxes - Access to Private Banking

Private Banking

You are able to deposit a minimum of 1 million US dollars to open an account. Then choose your private bank and get personalized attention from a selected bank officer who will personally interact with you and manage your account. The bank will offer you a full range of services. Your personal banker will help you define an investment strategy and regularly be in touch with you to keep you informed of new investments which arrive on the market. Opportunities for you to invest in a wider range of financial products that may not have been available in your country residence will now be possible. Some banks go as far as providing none banking services such as restaurant, hotel and plane reservations.