{"id":47656,"date":"2023-03-25T07:07:08","date_gmt":"2023-03-25T12:07:08","guid":{"rendered":"https:\/\/www.escapeartist.com\/?p=47656"},"modified":"2023-04-26T18:44:08","modified_gmt":"2023-04-26T23:44:08","slug":"opening-an-offshore-account","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/opening-an-offshore-account\/","title":{"rendered":"Opening an Offshore Account"},"content":{"rendered":"

Another year, and even more instability across international finance.\u00a0<\/span><\/p>\n

This time, it\u2019s Credit Suisse who have required a rescue \u2013 as part of a bail-out\/merger with the Swiss Government and UBS.\u00a0<\/span><\/p>\n

Why\u2019s this important?\u00a0<\/span><\/p>\n

Well, it\u2019s yet another example of a supposedly stable, trusted, and secure financial institution going under \u2013 this time in the supposedly economically-stable nation of Switzerland.\u00a0<\/span><\/p>\n

And it\u2019s another reason why offshore solutions are here to stay.\u00a0<\/span><\/p>\n

We\u2019ve already explored <\/span>the benefits offered by offshore banking<\/span><\/a> and the ways in which <\/span>your privacy is prioritised<\/span><\/a> \u2013 here, we\u2019ll be taking things a step further in this month\u2019s journey through offshore options with a practical look at our recommended financial institution, Caye International Bank.\u00a0<\/span><\/p>\n

Caye International Bank\u00a0<\/b><\/p>\n

Granted an unrestricted \u201cA\u201d Class International Banking License in 2003 by the Central Bank of Belize, Caye International Bank is a leading financial institution for those looking to move their wealth offshore or take advantage of offshore investment opportunities.\u00a0<\/span><\/p>\n

The bank is headquartered on the picturesque island of Ambergris Caye and is fully regulated by the Central Bank of Belize, which sets rigorous standards for liquidity and capital adequacy.<\/span><\/p>\n

As well as a comprehensive range of traditional and non-traditional banking services, Caye International Bank provides accounts in U.S. dollars, Canadian dollars, British pounds, Swiss Francs, and Euros \u2013 offering you the chance to bank in whichever currency works best for you.\u00a0<\/span><\/p>\n

Thanks to their license, the bank is fully authorized to carry out business with both individuals and corporations who are non-residents of Belize \u2013 making it the ideal choice for international clients.<\/span><\/p>\n

\"Ambergris<\/p>\n

Why Belize?\u00a0<\/b><\/p>\n

Belize has long attracted investors seeking a politically stable jurisdiction with strong asset protection laws.\u00a0<\/span><\/p>\n

The local currency is pegged to the United States dollar at a fixed rate of 2:1, providing bank clients with peace of mind that their funds are secure and shielded from the threat of currency devaluation.<\/span><\/p>\n

In addition to this currency stability, Belizean asset protection laws provide further safeguards for assets held under specific structures, such as international business corporations and trusts. This provides robust protection against lawsuits, judgments, and divorce settlements, ensuring that investors’ assets remain safe and secure.<\/span><\/p>\n

When it comes to banking regulations, Belize sets itself apart by requiring essential bank reserve requirements that are at least four times the reserve requirements of their counterparts in the United States.\u00a0<\/span><\/p>\n

For instance, Caye International Bank boasts one of the highest liquidity ratios of any global bank, with a current ratio of approximately 24%. This level of financial soundness underscores the bank’s commitment to providing their clients with a safe and secure banking environment.<\/span><\/p>\n

With its strong currency, reliable asset protection laws, and stringent banking regulations, Belize represents an attractive proposition for investors seeking stability, security, and robust asset protection.\u00a0<\/span><\/p>\n

What\u2019s Offered<\/b><\/p>\n

The services and accounts offered by Caye International Bank largely fall under three categories:\u00a0<\/span><\/p>\n