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How to Open an Offshore Bank Account
A presentation brought to you by Offshore-Bank-Account.co
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The offshore bank account can be of need for both individuals and companies that want to live/operate in an offshore jurisdiction.
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There are many offshore jurisdictions that offer advantageous conditions to foreigners.
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The offshore bank account is also available for businesses which are considered of high-risk in their home country.
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The decision of selecting an offshore jurisdiction should be based on the conditions offered by the country of interest, the capital required, or the requirements imposed to the applicant.
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A top offshore jurisdiction for offshore banking is Panama, a country that provides many types of offshore bank accounts.
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Some of the advantages of choosing Panama are:
low deposits ($3,000);
no residency requirements;
the option to set up a bank account online.
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Another attractive jurisdiction is the Cayman Islands, which provides very good conditions for those who want to invest here. This country also benefits from one of the most developed banking system.
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In the Cayman Islands, foreigners can find 40 of the top 50 international banks, so they will have many options when setting up a bank account.
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Other attractive offshore jurisdictions for setting up a bank account are: Belize, Singapore, Nevis.
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