Banks and banking offshore
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Wednesday, January 28th, 2009Greetings from a beautiful but rainy Panama City, Republic of Panama where I have just finished a private seminar on offshore wealth creation and asset protection with a great, enthusiastic group over from the UK and Ireland. And not forgetting Scotland. Last night we shared an excellent bottle of Glenfiddich to celebrate Burns Night!
I’m tied [...]
Offshore Banking: Safe Haven in a Storm
Thursday, January 8th, 2009Every individual has his or her own reasons for keeping money offshore. Sometimes it’s taxation, asset protection, higher returns or simply a refusal to play the ball game the government wants – or maybe an even more intangible, ideological reason such as “offshore feels right”.
But all offshore investors have one thing in common at the [...]
Bank Accounts for Sale – A Good Reason to Go Offshore
Wednesday, December 17th, 2008Imagine going to a meeting in a 5-star hotel lobby, pretending to represent an online gambling operation, and receiving a CD containing details of 1.2 million individual bank accounts. Well that’s exactly what happened recently in Hamburg, Germany – the ‘buyers’ were really reporters for German business magazine Wirtschaftswoche, and the ’sellers’ were just offering [...]
The Growing Risk of US Dollar Default Requires Offshore Solutions
Tuesday, December 2nd, 2008Only last year, my predictions of a huge forthcoming financial crisis fell mainly on deaf ears. People thought I was crazy. My business, as I have often said, was consulting and writing articles about offshore banking – you know, corporate accounts, offshore brokerage accounts and the like. I am not and never was an economist. [...]
Corporate Bank Accounts for Non-Residents in Canada
Saturday, November 1st, 2008Guest Post by Aubrey Clark for PeterMacfarlane.net
Non-Residents of Canada can also open bank accounts in Canada. The unit of currency in Canada is the Canadian dollar (CAD). The Canadian dollar’s trade occurs freely on the foreign exchange markets.
The Bank of Canada is the central bank, which regulates all financial institutions in [...]