Asset Protection Services and Offshore Banking

Offshore banking as part of the asset protection service can extend a great deal of financial privacy. Most offshore banking havens that we recommend offer high levels of privacy and simply do not disclose banking information to any government or third party. As part of your asset protection service, your financial privacy is a big concern.

Using both offshore legal entities and bank accounts as this offshore asset protection service enables you to take advantage of both the domicile's corporate privacy and banking privacy. The names of company owners are not disclosed in the recommended jurisdictions and banking accounts can be opened in the name of your offshore company. With this structure, the electronic trail left by wire transfers into and out of the offshore company account is in the name of the company rather than the name of the individual behind the company.

Many people decide to have more than one offshore bank account in the name of their corporation. This is because the first wire from the U.S. to the offshore account may be traceable; the second wire from one offshore account to another is not traceable. The offshore banks pay interest just like in the U.S. and to maximize privacy, accounts will be opened in the corporate name in a different country than the one in which the bank is located. Thus the possibility of discovery lessened all the more. When asset protection and financial privacy is the goal we recommend countries with strict bank secrecy laws.

Some offshore banks also offer secured MasterCard and Visa debit cards. It is very difficult to trace purchases made using the offshore corporate credit card back to the true owner of the company. That is because cards will be issued in the name of your private offshore corporation and the cards are protected by the offshore bank secrecy acts.

Asset Protection Services and Offshore Banking Interest Rates

Interest rates are comparable with rates in the U.S. so your offshore asset protection service offers the privacy and protection with comparable interest benefits. Moreover, managed accounts in certain European jurisdictions have recently been producing returns of eight to fifteen percent.

Your accounts can be located anywhere that allows accounts to be opened by foreign residents. We generally open accounts in a Caribbean country or a private European jurisdiction. Our executives have traveled the globe researching the strongest, safest banks that offer the utmost in privacy and safety. We look for countries with modern communications and respect the privacy of the customer.