Offshore Bank Accounts
For the Expatriate it is often a confusing decision as to whether they should maintain their home based Bank Account, take out a new account in their work based country, or to find a compromise and open an 'Offshore Bank Account' in one of the well established Tax Free zones.
At EMMConsultancy we advise clients to seriously consider opening an 'Offshore Account' because the nature of Expatriate life is such that you may change contracts and find yourself in another country where the cycle of opening of a local account has to start all over again. Added to which local Banking tends to have some very restrictive rules that can limit the amounts of money you can move around the World freely.
Offshore Banks Accounts have a number of benefits. For example,
- Multi-Currency Accounts
- Online Banking and Transfers
- A Personal Banker for instant advice
- VISA debit cards in various currencies
- 24 hour Banking
At EMMConsultancy we have access to data on a number of Bank Accounts from The Channel Islands, The Isle of Man, The Seychelles, The Maldives, Hong Kong and Singapore.
If you would like more information information on how to open an Account contact us now