|
Investors Offshore
| Best offshore banking country? |
Hi,
I live and pay tax in the UK. I have non-salary remuneration coming to me from freelance work from other countries. Can anyone recomend a good international bank account that offers visa or mastercard debit, in a jurisdiction that is safe from the savings tax directive or other reporting duty involving the UK? Ideally the account would offer decent interest too, and no tax on this interest! It would also be good if it could be managed online.
Just to be clear, I fully intend to fulfil my duty to the UK tax authorities, and declare this income. I simply have no faith in the UK banking system and its relationship with the UK government, or their Indian call centres. I also intend to travel and emigrate once I have a decent purse.
Thanks for any help or suggestions. Simon |
| Reply | Start
New Thread |
REPLY: Sorry was looking for a Reply to your question,myself.
But i would gather I O M to be the best bet , as I've heard they never got swayed to invest foolishly into hedge funds or mortage schemes and scams like america and other reported COUNTRIES....so stay clear of any country that loaned out money backed by NOTHING like usa DOLLAR...and so many others..........in short buy hard GOLD put it offshore and wait a short time to see 1600-4500pr ozWilliam K |
|
REPLY: The IoM is not a good destination for a UK citizen unless he no longer is a UK resident or EU resident. Avoid all present UK colonial possessions and the crown dependencies. Singapore is ideal and to a lesser extent Hong Kong. Account opening is easiest in HK though and the accounts have more features but Singapore privacy laws are better.n0p |
|
REPLY: why not choose maldives? the bank of maldives? |
|
REPLY: I am a retired international banker and can guide you for a fee. |
REPLY: Hi, I can help you. My contact is info@summitservicesbelize.com. My telephone is 011 501 223 3530
My cell is 501 629 9982 |
REPLY: Mauritius is the right place to do so. The best way is to set up an offshore company, have a bank account opened in the name of the company with credit cards. There is bank secrecy in Mauritius and offshore taxes are between 0 to 3 % depending of the type of offshore company. No tax on dividends, no capital gains.
Feel free to contact me:catherinelebourgeois@masson-de-morfontaine.comCatherine LE BOURGEOIS |
|
REPLY: My dealings with FBME have been fantastic. |
|
REPLY: Check "loyal Bank" their head office is in Budapest ,and offshore their in St.Vincent & Grenadines... They offer atm plus credit cards.. no interest paid that I'm aware of but You may want to check with their web site..The personal accts are less expensive than one for a busines acct. |
|
REPLY: do NOT use IOM or Guernsey. from july 2011 they will adopt automatic exchange of info with the uk and there will be no choice of opting for witholding tax. Jersey will continue the witholding tax option, but can someone tell me if this is for old ( pre 2005 ) accounts only ? |
|
REPLY: Hi, I reviewed your requirement and i suggest you to consider UAE for this purpose. Feel free to contact me. umair@premium-global.com |
REPLY: Canada.
- banks survived 2008 & 9 credit crisis and subprime mortgage crisis.
- deposits are insured up to certain amounts.
- some favourable treatments for immigration trust. - 5 year tax free on interest and investment incomes if structured properly.
- pls consult canadian chartered accountants. they can advise the "right" way in order to prevent you from getting into troubles. |
|
|
|
 |
|
Stay up-to-date
with Investors Offshore |
|
|
|
|
|
|
Strategic Partners
Lowtax Network Portal: 'Low-tax' business and investment in the top
50 jurisdictions covered in exceptional detail.
Tax News: Global tax news, continuously updated through the day.
Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International.
Law & Tax News: Daily
news and background data on tax and legal developments for international business.
Offshore-e-com: A topical
guide to offshore e-commerce focused on tax and regulation.
Lowtax Library: One of
the web's largest and most authoritative business and investment information
sources.
US Tax Network: The resource
for free online US taxation information, covering: corporate tax, individual
tax, international tax, expatriates, sales and e-commerce tax, investment
tax.
Personal Business Tax
Guide: Providing essential tax news and information on business for
contractors, entrepreneurs, professionals, small businesses, artists, sportspersons
and entertainers.
Offshore
Trusts Guide: OTG publishes news, features and newsletters on the
use of offshore trust structures.
TreatyPro:
The online tax treaty resource.
|
|
|
|
