Panama vs. Andorra for Offshore Banking: Why You Shouldn’t Believe Everything you Read on the Internet!

Monday, April 7th, 2008

An email in over the weekend from a long-standing client caused me to revisit that familiar theme, “which jurisdiction is best?” I had recommended to him a Panama offshore structure but to do the banking in Andorra. He wrote me:
 
From my reading about it, having a bank account in Panama is more reputable.
 
Now, it’s [...]


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