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The time now is 10/30/08 - 14:08

Any benefit from putting money offshore?


RealCool.BIZ Forum Index -> Finance -> Money Management

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ferris
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Joined: 10 Jan 2007
Posts: 2



PostPosted: 08/11/08 - 08:33    Post subject: Reply with quote

From what I have seen on this and many other forums, having an offshore bank account is something that is very popular now. I have not got one myself, and I don't particularly see the need for one. Is there any actual benefit from putting money offshore. I mean, without breaking the law?
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wake
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Joined: 12 Apr 2005
Posts: 3



PostPosted: 09/10/08 - 00:58    Post subject: Reply with quote

Having offshore bank accounts is sometimes almost essential for people who move around the world a lot for business reasons. I am in diplomacy myself, and I am never sure how long I will stay somewhere. Because of this, having an offshore bank account offers me flexibility to access my funds whenever I need.
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