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01 Dec 2006 12:00 AM by Val Star rating in Pinar de Campoverde .... 160 forum posts Send private message

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Hi All,

On a more positive note than recently.  Does anyone know anything about off-shore banking please?  Is it just for savings or as a current account? 

Val


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05 Dec 2006 5:10 PM by Paul-n-Di Star rating. 17 forum posts Send private message

Offshore banking can be for both current and savings accounts.

It really depends on why you would want an offshore bank account.

Not that I can advocate this but Swiss banks like UBS & Credit Suisse offer a fully confidential bank account which the UK - HMRC are unable to obtain details of if you have a significant amount of money to "hide away" from tax liabilities.

Many off the high street banks offer offshore banking facilities and belive it or not a huge amount of the worlds offshore banking takes place on the Isle of Man - Barclays amongst others have accounts based out of there.

If you move out to spain permanantly and sign off as a UK resident I can advise you on lots of tax efficient schemes with some of the worlds biggest institutions, dependant on what you want to achieve and the time frame.

I have a huge amount of experience in offshore financial services.

Mail me direct if you want any further info

paul.hackney@hgh-ltd.com



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06 Dec 2006 10:12 AM by Val Star rating in Pinar de Campoverde .... 160 forum posts Send private message

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Hi Paul,

Thank you for the information about off shore banking.  I have made further enquiries since I posted the message, and so we should get sorted.  Thanks for the offer to help.

Val


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