Offshore banking account in Nassau
Filed under Travel
An offshore bank accountÂ isÂ a bank accountÂ in a country whereÂ taxationÂ is nil orÂ negligible.Â The purpose of openingÂ an offshore accountÂ is usuallyÂ to avoid payingÂ taxes.Â To achieve this goal, it is advisable to use theÂ fullÂ realÂ name, becauseÂ otherwise theÂ government of your countryÂ would know the existence ofÂ the account andÂ charge youÂ taxes.
MostÂ of the countriesÂ where you can createÂ an offshore accountÂ are in the Caribbean, butÂ also beÂ in Austria, SwitzerlandÂ and some other countriesÂ (countriesÂ that are knownÂ by the name ofÂ tax havens).
There are companies thatÂ are dedicatedÂ to helping otherÂ companies to openÂ an offshore Bank account or even if you want to open a Bank account in Bahamas. Simply chooseÂ the bank whereÂ you want to openÂ the bank accountÂ andÂ the service providerÂ will handle everythingÂ else.Â It is alsoÂ possible to travel toÂ Nassau,Â or any of theÂ other countriesÂ to open the accountÂ personally.Â Once it isÂ created, youÂ can manageÂ easily throughÂ internet orÂ phone.