Following Reasons to Start An Offshore Bank Account - PowerPoint PPT Presentation

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Following Reasons to Start An Offshore Bank Account

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An offshore bank account is an account which is set up outside the country of residence of the account holder. – PowerPoint PPT presentation

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Title: Following Reasons to Start An Offshore Bank Account


1
Following Reasons to Start An Offshore Bank
Account
2
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  • An offshore bank account is an account which is
    set up outside the country of residence of the
    account holder.
  • Offshore bank accounts are available to anyone
    who is interested.
  • There are many reasons why one may choose to open
    an offshore banking account.
  • Here are a few reasons you why you need to start
    an offshore bank account
  • One of the main reasons for opening an offshore
    banking account is that developing countries are
    often characterized by political and economic
    instability.

4
  • There might be situations where you may have to
    take some desperate measures which might affect
    your savings.
  • By opening an offshore bank account you become
    client of a reputable multinational financial
    institution that provides additional safety and
    security in case of financial crisis.
  • An offshore bank account reduces dilute your
    political risks.
  • Some of the foreign offshore banks are far better
    than your country.
  • They might have some better investment
    opportunities, better interest rates or sometimes
    even better finance systems.
  • These offshore banks are much cautious and more
    responsible about your hard earned money.

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  • Opening an account in an offshore bank will
    protect your assets from overzealous government
    agencies.
  • So, to save your hard earning money you can
    deposit your assets in an offshore bank account
    without any hassles.
  • When you hold an offshore bank account, there is
    a benefit of currency diversification. It
    protects your purchasing power and
    internationalizes your savings.
  • The interest rate for your savings is higher when
    you have an offshore bank account.

7
  • When you do a bit of market research, you can see
    that there are banks in abroad, that pay a higher
    interests rate and that can benefit you a lot
    more than your domestic bank account.
  • Some of the offshore banks provide you health
    insurance and other services when you open a bank
    account.
  • There are a lot of possibilities you get by
    opening an offshore bank account.
  • The Banks Instruments is providing you great
    opportunities of Offshore Bank Account Openings
    and you sure wont like to miss the chance.

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