Read about the 10 Reasons why you need an Offshore Bank Account

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Sep 24, 2013
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Famous investment pros like Doug Casey, Peter Schiff, Jim Rogers, and others have worked on getting their money ?out of Dodge? for years.








Read more here, very interesting article actually with lots of information to read, reflect and consider once you are thinking about to bank somewhere outside of your country.



http://www.marketoracle.co.uk/Article49135.html
 
Reactions: negon and EliasIT
When conducting huge business take overs it can be a benefit (in some cases even a must) to have a offshore company execute the transaction or entire acquisition of the deal. Say you want to take over a competitor but he should not know that you are behind it! Or say you want to take over a business domain, royality or similar but you don't want to show the property owner that you are the one who want's to buy! This could be for many reasons but most often either because if the seller knows you are the buyer he either don't want to sell or the price is going up!


And there are many more situations where it can be of interest for some to hide his real identity or business activity behind a offshore company!