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While the entire industry suffers from a cloak and dagger type status, there are legitimate reasons for using offshore banking to an individual’s or company’s advantage.Published:19-Aug-2012
Contrary to what most offshore service providers will tell you, opening an offshore bank account is not the path to instant wealth and riches, although it might get you there a little quicker. In this article I will attempt to set out the advantages and disadvantages of opening and maintaining an offshore banking facility and how you can use this vehicle to enhance and protect your personal wealth.Published:23-Dec-2011