offshore accounts? pro's and con's.?

Answer 1

It depends where you go jurisdiction wise. A good jurisdiction has no tax on offshore derived income or capital gains (interest income). There should also be serious bank secrecy. The jurisdiction should not be in any tax treaties since tax treaties lead to fishing expeditions that can ruin your bank privacy. Your funds should be safe from attachment orders in your home country, if you pick the correct jurisdiction, some countries will cooperate and to varying degrees as well. Research where to go. Panama is the switzerland of latin america and many use panama for offshore banking today. For more panama bank info try this website: http://www.panamalaw.org

Answer 2

I dont see why only pro;s (prostitutes) and con's (convicts) should be allowed to take advantage of offshore accounts, but maybe they are the only ones with any dosh!!!!!!!.

Answer 3

1 such issue is the Government incentive is key to cleaning up oil & gas. A report from the Intergovernmental Panel on Climate Change (IPCC) has highlighted the offshore oil and gas industry’s heavy burden to reduce carbon emissions.

Answer 4

pros, if someone sues u, or if u owe child support or anything dodgy, then it makes it harder for people to track u. cons, if anything happens, u might have to buy a plane ticket to show up personally at the bank where ur account is held

Answer 5

pro. cannot be frozen by US authorities, if you break the law.

Answer 6

you need a boat to get to the ATM machine

Answer 7

Don't know but you can get one at www.surefirefinance.co.uk

Answer 8

you get scottish pound notes

Answer 9

do not go there ( cons)