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Cheap offshore banking - offshore banks

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Old 12-29-2007, 10:04 PM
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Default Cheap offshore banking

Most people think is is very expensive to operate an offshore bank account. But it depends on the jurisdiction. Switzerland, Liechtenstein and Luxemburg has always been the highclass banking jurisdiction. Yes they are not cheap but you know what you get and the service level is very high. But there are also cheap offshore banks in the alps. Swissquote is a good choice for private customers looking for low price banking.

Outside Europe i would suggest some of the banks in Dubai. Dubai could be the new financial banking center for high networth individuals and they do not deliver information to European or US government tax agencies.


Doc Offshore
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Old 02-11-2008, 02:41 PM
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Yes, alot of high profile people in my country have bank accounts in Switzerland.

Converting your money's worth into that of offshore bank's might be an issue here.. value of money, and exhange rate
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Old 02-16-2008, 05:12 PM
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Quote:
Originally Posted by Doc_offshore View Post
Most people think is is very expensive to operate an offshore bank account. But it depends on the jurisdiction. Switzerland, Liechtenstein and Luxemburg has always been the highclass banking jurisdiction. Yes they are not cheap but you know what you get and the service level is very high. But there are also cheap offshore banks in the alps. Swissquote is a good choice for private customers looking for low price banking.

Outside Europe i would suggest some of the banks in Dubai. Dubai could be the new financial banking center for high networth individuals and they do not deliver information to European or US government tax agencies.


Doc Offshore
Can you suggest one of best the Dubai Bank???? I need to know since they do not deliver information to government tax agencies
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Old 02-23-2008, 10:38 PM
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I see that you speak about Europe and Asia and you forgot America, but I want you ask for a thing, have it an offshore bank in Africa ?
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Old 02-29-2008, 11:08 PM
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I knew about Banca Re Mida

HTML Code:
www.bancaremida.com
but I am not sure...

They have administrative office at Dubai but central office at Mogadiscio (Somalia).

It might be risky...

You should try to inform yourself from them.

I thought until some days ago to open an account in their bank, but reading more news I knew that Africa is risky for this kind of activities


Let me know...

Best.

alpha1
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