Personal Banking in Malta
Recent forum posts
Hi, I would like to start up a Business in Seattle WA. Its fruit and candy bags to grocery stores and bigger grocery chains I would like to know if someone know about a contract that I could sent to the danish company?Because I'm going for my own business and not just try to sell for the danish company.Please help. Thanks,Mathias Vinther
Total Posts: 9 Last post by ferdack
Debt management is one of the keys to driving the country’s GDP positively. We see different solutions for different circumstances so, any particular solution cannot too suitable for all situations, similarly, Debt management solutions depend upon individual financial circumstances. On the other hand, using government subsidies, avoiding unnecessary spending, budgeting for all the expenses will he
Total Posts: 1 Last post by henryleon
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