Today I will go through alternatives to merchant accounts which are suitable for high risk offshore businesses. There are payment methods and payment service providers (PSPs) that are more likely to accept high risk ecommerce. Speedcard Speedcard is an e-wallet like solution from the well-known offshore bank FBME, featured in…
Today we will be taking a look at Mauritius, an African islands nation in the Indian Ocean. This will be the fourth article in the Jurisdiction Spotlight series. As always, we begin a long, long time before our present day. History A true tropical paradise, the Republic of Mauritius is…
I confess I do utilize sensationalist titles at times. (Hey, at least I’m honest about it.) I could have gone with “Nine lesser-known offshore jurisdictions”, but that doesn’t pack quite the same punch. In this blog post, I will be quickly going through nine more or less low-profile offshore jurisdictions…
Here I will go through various ways of transferring money offshore anonymously and without leaving a trace. Realistically, there is no such thing as untraceable. It’s all just a matter of how well you cover your tracks so that overly-curious authorities and people snooping around cannot find your assets. Know…
A couple of months ago, I started doing some business in the interesting – but risky – economy of Ukraine. I can go on and on about the ups and downs of doing business in this huge country with complex foreign relations, Kafkaesque Soviet-reminiscent bureaucracy, and volatile currency, but this…
The third installment in the Jurisdiction Spotlight series will be the Republic of Malta. This idyllic, bilingual little Mediterranean island nation has a lot to offer the international investor, aspiring online gambling operator, bankers, and ecommerce ventures. These paragraphs are being written on the terrace in a hotel room under…
I frequent a number of online forums and offline conferences. I also have experience dealing with a number of offshore service providers (OSPs). One thing that strikes me as worrying when peers are discussing is how easily one person will recommend a bank. Let me perfectly clear about this: choosing…
The time has finally come for another offshore service provider (OSP) review. I have previously reviewed SFM Offshore and Marcaria. Today I will be focusing on Kaizen. Website: http://www.bycpa.com/ Products Kaizen is a Hong Kong based company. While their specialty is Hong Kong incorporation, they offer a number of other…
Today we will be taking a look at a tiny nation up in the Pyrenees Mountains between Spain and France; I am of course talking about Andorra. This beautiful and friendly nation is one of three principalities in Europe and the whole world; the other two being Monaco and Liechtenstein….
A few weeks ago, I was in the Estonian capital Tallinn for two days. I decided to use this opportunity to open an account in one of the country’s many easy-going banks. After some research, I found that Swedbank had the most interesting services. Banking fees in Estonia are relatively…