Finance

The lifeblood of any offshore bank is its correspondent account. The correspondent account is what connects the small offshore bank to world’s banking system. Without it, the offshore bank couldn’t…

Is it easy to open an offshore bank account? Hell no, it’s a real pain in the ass! And this goes for everyone who wants to open an offshore bank…

When you have an active business offshore generating foreign source income, you can generally retain those profits in the foreign corporation tax deferred. Foreign retained earnings can remain in the…

Are you ready to move offshore? Are you up to the task of taking your business offshore? Can you move you and your family out of the United States? In…

Offshore companies offer many inherent benefits to entrepreneurs looking to work abroad. For one thing, the bureaucracy that may be prevalent in one country may be absent in another. Tax…

An offshore company is the first step to privacy, asset protection, international banking, and planting a flag offshore. Here’s why you want to form one and where to set it…

Cryptocurrency and Bitcoin in Offshore Banking There’s lots of talk that Bitcoin and cryptocurrencies will take over offshore banking. I believe the offshore banking industry is moving in that direction,…

A “Spendthrift Provision” in an offshore trust prohibits a beneficiary from selling, transferring or pledging her interest in the trust. The purpose of a spendthrift provision is to protect the…

Link to previous article in this series: Part 1 Death Tax Repeal As many of you may know, the U.S. House, on April 16, 2015, passed the Death Tax Repeal Act…

The number one question I get from Americans considering opening an offshore bank account or forming an international corporation is, “will this increase my audit risk?” The answer is simple:…