But there are perfectly legal reasons to open an offshore bank account. Banking offshore could benefit you, especially if you do business internationally. Here’s what offshore banking is ...
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What is offshore banking?
To open an offshore bank account, you'll need documentation for proof of identity, such as your name, address and date of birth. When you apply for an offshore account, the bank may ask about the ...
When you open a bank account in a country you don't otherwise live or do business in, you engage in offshore banking. Offshore banking can offer privacy, asset protection and potential tax ...