Offshore banking involves opening a bank account outside the country in which one resides. If you think that opening an offshore bank account is difficult and expensive, you're wrong. Banking offshore is common especially when you’re having us, opening an account is very simple, easy, and secure, and most of the case (depending on the banks’ requirements) you don’t need to visit the bank for that purpose personally. We offer a variety of offshore banking services for both offshore corporate entities and individuals looking to bank offshore in Singapore, Hong Kong, , Cayman Islands, and in 4 other countries.

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People open offshore accounts for a variety of reasons. This includes:

• Protecting assets from lawsuits, creditors and judgments

• Tax savings

• Business expansion

• Ease of settlement of international trade

• Better interests rate 

• Asset Diversification

• Financial Privacy

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Some may be wrongly interpret offshore bank only for those use it for money laundering, tax evasion. Remember, offshore banking is perfectly legal not to condemn the entire offshore banking system because of a few who use it illegally. Popular jurisdictions for offshore bank accounts can be found in various parts of the world. However, it is very important to form an offshore company to own the offshore bank account. 

 

Holding a bank account in a country is often a requirement if you plan on buying property in said country. Even if you want to rent a property, a bank account may be necessary, which is why a foreign bank account can help you enjoy perks that you otherwise can’t.

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Below are the banks we often associates with, selection of bank may be differ depending on clients' purpose, business nature, level of privacy, capital and so on.

Feel free to contact us if you have any questions.  When you think of open offshore bank account, you know EWO consulting is your right choice.

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