Offshore Banking Question?
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Join Date: Jun 2001
Location: sydney
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Offshore Banking Question?
To all those contract and other people out there I'm after some opinions on experiences with various financial institutions using offshore accounts.
I basically want a standard account in a tax friendly location with a standard debit card/s attached. Have some info about Loyds but hear things can be slow and costly. Any experiences to the contrary out there I'd like to hear. Also if anyone can suggest any other banks/institutions they have been happy with please fire away. Starting a contract shortly and shopping for the best option.
[email protected]
[ 19 July 2001: Message edited by: Sir Lunchalott ]
I basically want a standard account in a tax friendly location with a standard debit card/s attached. Have some info about Loyds but hear things can be slow and costly. Any experiences to the contrary out there I'd like to hear. Also if anyone can suggest any other banks/institutions they have been happy with please fire away. Starting a contract shortly and shopping for the best option.
[email protected]
[ 19 July 2001: Message edited by: Sir Lunchalott ]
Whatever happens,.. happens!
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I'm not sure if you know, but we do not have any direct taxes here in the Cayman's. Perhaps you should check it out, it may work for you, most of the low tax jurisdictions are getting pretty picky whos'e money they will take, however if you can show the source and it is clean, I believe you would find what you are looking for here. I would however advise to deal with worldclass banks only!
Happy shopping!
Happy shopping!
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I've used Lloyds (IOM) in the past, very good service but 50 quid a year 'membership fee' and as of last year when I changed to HSBC, no online banking. Now with HSBC, Isle of Man. Very good internet banking, poor phone service, no fees. Overall I'd recommend them for the online banking alone.
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If you are a UK resident would suggest that you have an insight into your liabilities Look at the following site
Tax
IR20 of the international series Good reading and hope this help
[ 31 July 2001: Message edited by: Engineer ]
Tax
IR20 of the international series Good reading and hope this help
[ 31 July 2001: Message edited by: Engineer ]
