Home | Finance | Taxes
There are several ways to get an offshore bank account opening. Coming from a North American culture many people don't realize that they cannot simply fly to the offshore banking jurisdiction of their choice, walk into a bank, and open an account. Offshore banking is often done "old school" via an introduction. The proper way to open an offshore bank account is through an experienced law firm offering offshore legal services. The cost will be roughly equivalent to the cost of a flight and hotel. Beware: Some law firms charge as much as $50,000 for what an honest law firm charges only $2,000. (Which is the standard price for an offshore company and bank account.) You should be cautious if you are not required to provide ID. This might seem to have advantages, but experience has shown, time and again, that this path leads to many tears. Providing documentation to the law firm who is creating your offshore company will not compromise your banking security.
Article Source: http://www.articlegush.com
For more information on offshore legal services or how to open an offshore bank account go to offshorelegal.org
Please Rate this Article
5 out of 54 out of 53 out of 52 out of 51 out of 5
Not yet Rated