Personal Banking in Malaysia
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Our main goal is to help individuals to get a proper and easy Company Registration in Dubai. Dubai is now flourishing with various new business organizations of different sectors. This is possible because there are many companies who are coming up with their services to help people in setting up their business enterprise. We are also a business setting company and we are known among the most succ
Total Posts: 3 Last post by ansiashraf
PFIG Espana is a modern day dynamic finance boutique and we collaborate with good entrepreneurs and business persons that are willing to present profitable and secure investment projects that require funding in countries with growing economies around the world and emphasis on location and environs. We want to work with reputable project/general business facilitators who possess very cogent bus
Total Posts: 1 Last post by Maria70
Why Bank Offshore?
Opening an offshore bank account is an important consideration for anyone moving overseas whether on international work assignments, for an extended period or even to retire. There are many advantages of an offshore banking account and there are a number of factors to be considered when choosing where to open one. The primary consideration is safety and security of your hard earned money. You should choose an offshore jurisdiction which is well regulated and has long term political stability. You should then consider that you will most likely be dealing in currencies other than your home currency.
Your offshore bank should be able to provide banking services and international payments in all major currencies so that you can manage your financial affairs in the currencies of your choosing. And of course you need to be able to access your funds with ease. International transfers, phone banking and International Debit cards are essential here.
What's becoming an invaluable financial tool in the expatriate lifestyle is Internet Banking. Most banks today provide internet banking, but not all can provide it in multiple currencies, with the ability to make international payments and transfer between currencies online. While it may not always be a primary consideration, many expatriates find that an offshore bank account can form part of your overall tax planning solution. Independent tax advice is always recommended in this case.
Finally your offshore bank should be able to provide you with access to the full range of specialist offshore products and services such as offshore mortgages, travel, medical and critical illness cover and expatriate tax advice.
The information provided in this guide gives only general guidance and does not constitute tax, legal, investment or any other advice.