4 Best Countries You Need To Have an Offshore Bank Account In
The US tax reforms are forcing businessmen to look for investment opportunities abroad. The unstable political and economic situations have also got people worried about their income and future prospects. In the current economic condition, it’s best to avoid risky investments and secure future by reducing expenses and taxes. An excellent way to reduce tax…
Bounties Of Opening An Offshore Bank Account
Offshore banking is often stigmatized due to general misconceptions and bad Hollywood movies. Offshore banking is completely legal and is common among expats and international businesses looking to secure their wealth in a better way. By opening an offshore bank account, you open yourself to various cost-saving and tax-avoiding opportunities. Keep reading to know what…
US Expat? You Can Benefit From Foreign Tax Exclusion
Are you a US expat? You can save your income from being taxed. Let’s be honest, everyone is looking for money-saving tactics to prevent the government from taking a huge chunk of our hard-earned money. Tax avoidance is difficult when you’re living under the jurisdiction of your domestic government, but if you’ve set up an…
4 Common Problems You Might Face As An Expat
Wrapping up all your business operations, transferring all your funds abroad, packing your belongings and flying to another country or continent can be a mind-boggling experience. But you’re not alone! Millions of businessmen, disappointed by their domestic tax reforms, take this bold step of becoming expatriates for life and set up an offshore company or find…
Everything You Need To Know About Opening An Offshore Company In The Bahamas
The Bahamas may be known for its relaxing coral beaches and fancy resorts, but it’s also known for its excellent business-enabling environment. The Bahamas became an independent member of the British Commonwealth in 1973. It follows the legal system of the UK and is also governed by British common law.
6 Reasons To Take Your Company Offshore
Running a successful business has become difficult. Corporate taxes, high wages, lack of skilled labour, political and economic instability drive companies toward losses. Instead of enabling the business people of their country, governmental bodies make their existence challenging. Due to unfavourable conditions, many businesses file bankruptcy or wrap up their operations and move to another…