Once you determine that an offshore bank account is the logical choice for proper protection of your assets, the next step is to choose the offshore financial centre that’s right for you. But, the choice can be overwhelming for a number of reasons, including:
- There are simply so many, and they span the globe. How does one choose which location is right for them?
- There are so many subtle differences between each jurisdiction’s tax structures and benefits; it can get confusing to decide which one has every feature you need.
- The OECD regularly releases warnings about certain offshore jurisdictions. How can you be sure the one you have chosen won’t come under sudden scrutiny?