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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: 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.

 

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This feed is published daily with selected new or updated content from across our network. For a list of network sites, many of which feature daily news, see below.

 
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