The origin of the offshore asset protection services traces back to the group of islands off the northwest coast of France: the Channel Islands. Offshore banking is the practice of banking in another country. In other the words, off-shore banking is generally associated with the term "tax haven" as its jurisdictions are characterized by low or zero taxation on interest, dividends, royalties and foreign derived income as well as having some degree of banking confidentiality. No matter wherever you live, banking offshore gives you the opportunity to grow and protect your money in an economically stable and central location making it easier for you to manage your finances in multiple currencies across the globe.
The main benefits of off shore banking jurisdiction over onshore banks includes lower administration costs, higher interest rates, the ability to deposit and transact in multiple currencies, increased privacy, access to otherwise unavailable international investments, sophisticated private banking, the ability to facilitate international business transactions, etc. On the top of that, offshore banking provides increased asset protection from potential extraneous lawsuits, unstable governments, unstable economic conditions, unlawful seizure, etc. Sterling Off-shore limited offers highly profitable offshore banking with the best asset protection strategies. We have our offshore partner banks for the excellent expert advice on offshore banking business and questions about potential uses. However, we often field questions regarding these issues and find it necessary to explain a few simple strategies often utilized. We only advise on legal uses in the countries where we establish corporations and bank accounts on behalf of our clients. Give us a chance and get the best asset protection services.
We collaborate and work with several home banks in different countries that provide back to back loan service for clients looking to repatriate funds from an offshore account without having to "cash out”. Back to back loans are a simple concept which is intended to hedge against changes in currency valuations. You deposit funds with the bank in one currency and the bank issues a loan in another currency using your deposit as collateral. As one of the best asset protection strategies, these loans have several uses which have contributed to their popularity.
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