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Why Offshore Investing?

Update Date:2015-11-5 9:23:28 Source:Tannet (Malaysia) Sdn Bhd Views:636

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Offshore investors obtain greater freedom than is possible onshore. European & North American nations suffocate individuals and institutions alike with complex regulations. Thus, the likes of Barclays Bank and Bank of America go offshore to reduce red-tape. Others go offshore to simplify international trade. Thus, a German jewelry might establish an offshore subsidiary to buy gold. Still other persons and businesses seek privacy. They want bank accounts in jurisdictions where it is a felony for a banker to reveal that they even have an account! By contrast, there is zero financial privacy in Europe and America. In addition, many go offshore for tax benefits. Some locales have zero income tax, zero inheritance tax, and zero corporate tax.


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