I guess I should begin this by saying that this post is probably not going to be at all helpful if you are looking for an offshore bank for an offshore company. This is simply offering an insight into what banking is like in developing countries. When in Ghana An…
This is a series I’ve thought about for a long time. Now seems as good a time as any to kick it off. In this series I will go through the following points, step by step: First impressions Fees Opening An Account Internet Banking Card Products Customer Service Account Management…
Part eight of the Jurisdiction Spotlight series will focus on Labuan, which has grown significantly in the last couple of years. Labuan is a rather complex offshore jurisdiction with cleverly written laws and tax codes. This post is by no means exhaustive, but should serve as a good primer on…
For a long time, Djibouti had just been one of those lesser known tax havens that I would see listed here and there, very inconsistently. I had inquired with contacts at FIUs and FSCs about Djibouti, and all they could tell me was that it has a FZ and the…
It is important to address the risks of moving your assets offshore. Too often, offshore banking is portrayed as a be all and end all solution. This post is intended to problematize this view and hopefully lead to more informed decisions being made about going offshore. The risks below do…