Offshore broker/banking -
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thread: Offshore broker/banking

  1. #11
    Junior Member mneseas's Avatar
    27
    So just how to keep low profile?

  2. #12
    Junior Member Miniiok25's Avatar
    26
    You sound more like a drug dealer than a trader/investor. Why do you want to keep a low profile? I use an off shore bank account for my business accounts and business tax purposes not to keep a very low profile. Do you believe that your government is keeping an eye on every persons small domestic bank account? I doubt it.

    Good luck in finding whatever it is you're searching for.

  3. #13
    Member cocoe's Avatar
    59
    The best place to start a offshore bank account is Singapore. Canada and Australia are great too and much safer than any bank in Europe/USA. You'll have to go in person though but if you are serious about this then it won't be a problem. As for offshore brokers, there are loads of very well controlled and very powerful brokers in Hong Kong, Singapore, Australia and Canada.

  4. #14
    I assume you're looking to pay off some cash in a place where the tax guy can't see them? The way it is generally done is via an offshore company because:

    1. If you're a citizen of an EU member country you can't just go and start a secret bank account in Luxembourg or Switzerland - it would probably still be possible for those who had any severe money but then we are talking xx millions.

    2. You don't wish to place your hard earned cash in some obscure bank in a third world country - then you may as well just give them into the tax guy.

    3. An offshore company can start a bank account in Luxembourg or Switzerland... And you could be the lucky owner of the provider. If you're seeking a less costly alternative Panama might be a useable choice.

    ... and before you ask: no, I don't sell off shore companies or provide any legal advice in that connection. Move google offshore company formation.

  5. #15
    Need to mention wherever you're.
    What is Offshore to you could be land for me.

    J.

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