Category Archives: Offshore Bank Accounts

International banking is the most challenging issue when setting up a cryptocurrency exchange. If you’re in a highly regulated environment, such as the US or UK, and have a lot of startup cash, then you’ll get a bank account. If you’re in a less regulated environment, best of luck to you. In this post, I’ll

Quality jurisdictions are asking for more and more information on those setting up offshore companies. If you’re going to structure an international business or an IRA, you’ll need to collect a number of documents before you can form an offshore company. There are a 4 primary offshore company structures. They are: Offshore corporation, Offshore trust

Panama is making an exit from the offshore banking business. No longer can you open a bank account in Panama and operate it from abroad. Banks now require a physical presence, tax filings, a business license, and an office address in Panama. Panama has been under a lot of international pressure over the last 2

The IRS Offshore Voluntary Disclosure Program for 2017 offers taxpayers with undisclosed offshore accounts the ability to come forward voluntarily, file their returns, disclose their assets, pay the resulting taxes and penalties, and receive a clean slate. This article covers amendments to the Offshore Voluntary Disclosure Program through February 9, 2017. As of 2017, the

In this article I’ll list the steps necessary to take your US retirement account offshore. Whether you’re looking for asset protection, privacy, or investment diversification, here’s how to take your IRA offshore in 6 steps. Step 1: Determine if your IRA is eligible to go offshore Before you can move your cash, you must determine

High net worth South Africans are under attack from all sides… again. This time it may turn into a full blown civil war. At the very least, your assets and safety are at risk. Here’s how to move you and your cash out of South Africa and to negotiate a second residency. A passport from

You can invest your self directed IRA in mutual funds, hedge funds, and any active business. There are very few limitations on how you invest your retirement account. But that’s only half the issue. While you can invest in whatever you like, there all kinds of tax costs associated with investing your IRA into a

There’s a battle brewing between the establishment and President Trump. Powerful forces are aligning against our President and we’re left hoping the economy and our savings come out of this unscathed. Gambling all of your retirement savings on red is a foolish risk. No one knows what will happen, but we do know that there’s

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

It can be very difficult to open an offshore bank account. Whether you’re American, European, or Chinese, times are tough. Most international banks are closing their doors to everyone but those with residency visas. Here’s how to fight through and open an offshore bank account. Opening an account offshore is VERY different from opening one

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

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