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23
Oct

What Is Offshore Banking? What Should You Consider Before Opening An Offshore Bank Account?

Posted by Susan Mitchell (0) Comment

Offshore banking is a confusing term for many as it is usually associated with rich people hiding their money in foreign countries. The practice however, should not be the preserve of the rich alone. Simply put, off shore banking is placing your money in a different country with more favorable tax regime than your country.

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Category : Online Banking | Blog