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The time now is 08/21/08 - 17:14

Can someone explain how offshore accounts work?


RealCool.BIZ Forum Index -> Finance -> Fundraising, Budgeting & Current Accounts

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ann-marie
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Joined: 15 Oct 2005
Posts: 4



PostPosted: 04/24/08 - 09:42    Post subject: Reply with quote

I am going to move to another country soon. I found some work over there. Since I will be coming home often during the year, but I will keep working there I need an offshore account. So I need some tips of how its works. I am a bit inexperienced with this kind of things. Any help from you folks?
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minda
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Joined: 27 May 2005
Posts: 4



PostPosted: 05/24/08 - 03:15    Post subject: Reply with quote

It’s no big deal opening an offshore account. Many private banks have this offer but you have to deposit usually from £5,000, to £10,000 to the norm. But there are many advantages like multi currency. You can write checks in any country. And the best for the end, you have some tax deductions
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RealCool.BIZ Forum Index -> Finance -> Fundraising, Budgeting & Current Accounts

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