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Rich Snail
http://www.richsnail.com/blog
Personal Wealth and Expatriation in Malaysia & South East Asia
- Author: Jacques
- Listed in: Finance Personal
- Tags: malaysia asia offshore international expatriation insurances
Recent Posts
Top Migration Destinations
Gallup recently surveyed more than 260,000 people to know the worldwide migration trend. They asked two simple question: If given the possibility, would you like to move permanently to another country, and if so, which country would you like to move ...
Crashiversary
A modern fairy tale… ...
British NHS – National Health Service
After tackling the Australian Medicare System two month ago and the French Sécurité Sociale last month, here comes my piece on the British NHS. I have to admit it was the most difficult one to summarize so far; it is the most integrated healthcare ...
Choice Is King – SodaPopStop
I just came across this video and loved it. Its message is simple, and resonate strongly with me: the simplicity of choice and passion makes a business possible. The reason it moves me is that this is what I’d like to achieve – i.e. find...
The Many Faces Of Expatriation
Expatriation is not what it used to be. Internationalisation has attacked even this bastion of privileges, and it now is difficult outline what defines being an expatriates clearly; Most consider a foreign national working in an exotic country to be ...
French Sécurité Sociale
After tackling the Australian Medicare System last month, I started working on the French Sécurité Sociale. It took me a bit of time to do justice to the inner beauties and intricacies of the world’s best and most handsome (!) healthcare syst...
An offshore bank account should be a tool in which to protect one’s privacy as well as facilitate the best possible business environment possible for the end user. I have found in the past that even expats who have used specific banks which have ties to their home countries have had serious issues in the areas of taxation as well as seizure of personal funds related to legal matters. Another very important point in which both individuals should consider when establishing an offshore bank account is that little to no personal privacy is afforded when a personal account is opened offshore. It is suggested that an offshore IBC stand between the end user and the rest of the world in order to protect the individual’s privacy. In doing so one may benefit from reduced taxes or no taxes in the jurisdiction of incorporation.
For more information about offshore bank accounts you can visit the following link:
http://www.asset-protection-international.com/offshore-banking/offshore-banking-accounts.php
Posted: September 27th, 2008 | Report This Comment