Category Archives: Banking Offshore

top offshore banks

Most top offshore banks are closed to Americans. In fact, 95% of the best foreign banks have shut their doors to us because of the costly reporting now required by the IRS. The only way you can get into the best banks in 2017 is through the back door. Here’s how to gain access to

offshore bank account

An offshore bank account can open up new investment, privacy, and protection options. An international account gives you access to a new world of possibilities and higher returning investments not available in the United States. Here are my top 10 reasons you want an offshore bank account in 2017. Each of our clients has their

offshore business

With all the talk about keeping jobs at home and taxing foreign corporations, I wanted to start the year with a post on why Trump is great for the offshore industry… at least, for those operating small businesses, investing abroad, and/or moving assets offshore for asset protection. This article will focus on why a Trump

offshore bank license in dominica

The most active low cost offshore bank license jurisdiction is Dominica. If you’re in the process of selecting a country to incorporate and license an offshore bank, give the Caribbean Island of Dominica a look. You’ll find that the capital required for a bank license in Dominica is a fraction of it’s competitors. You will

asset protection puerto rico

Once you have your Act 20 business in Puerto Rico up and running, you need to think about protecting its retained earnings or distributed profits. Asset protection for a Puerto Act 20 business  becomes urgent because of the amount of capital held in the company tax deferred. There are two levels of asset protection for

Puerto Rico Bank License

Want to setup an offshore bank? Looking for an international banking license? Obtaining an offshore bank license and negotiating offshore correspondent accounts have become extremely difficult in every jurisdiction except one. The lowest cost offshore bank license is Puerto Rico. Yes, the US territory of Puerto Rico is the best island in the Caribbean to

India Money Laundering
10/21/2015 - 5:17 PM
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Here is a link to a 97 page report on Money Laundering in India. We are providing this downloadable PDF for two reasons: 1. Money laundering is commonly misunderstood and misused term. It has come to be a catch-all in the United States for any movement of currency that the government can’t track or control. This

FATCA
03/20/2015 - 2:16 PM
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The Foreign Account Tax Compliance Act is now live and pulling in data about Americans around the globe. The FATCA international data exchange gateway opened on March 2nd and data began flowing on March 14, 2015. The FATCA gateway connects nearly all international banks in to the IRS network. Banks will report all accounts owned

International Money Lending License
02/15/2015 - 10:42 AM
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The international money lending license came into its own in 2010 when the US began pushing out payday and other lenders of last resort. A number of offshore jurisdictions welcomed them with open arms and the battle with American regulators was on. By 2012, many of these lenders moved from offshore licenses to those issued

Offshore Banking License
02/11/2015 - 10:05 AM
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The offshore banking license industry was knocked down by FATCA, but it’s back on its feet and carrying on. Below are my best offshore banking license jurisdictions for 2015. You might also like to read my 5 Best Offshore Bank Licenses for 2017. Please let me start with a little history. International Banking is Still Alive