There are many benefits of investing in Long term note (ltn). First, since they are not traded like stocks, periods of fluctuation in the stock market do not affect your investment.
2. • Offshore account is an account held in a jurisdiction known for its
legislation which generally favors a low tax or tax free environment.
• There is a ton of people who use offshore bank accounts for a variety
of reasons for example investment purposes or asset protection.
• These types of accounts are provided by both local banks with
branches in offshore banking centers such as citigroup as well as
international banking institutions such as HSBC.
• Opening of offshore accounts are banned in some countries but
opening of these types of accounts are legal in many countries like US
and Canada.
3. Because offshore banking organizations will also allow
customers to conduct all banking account opening activities via
the internet, e-mail, post, fax or telephone.
Opening the Offshore Banking Account
There are offshore banks accounts available from three different
multinational banking institutions.
These are HSBC, LLoyds TSB and Barclays.
Nowadays you neither have to visit the offshore jurisdiction in which
you wish to bank, nor do you have to travel to the country for the
continuance of your banking activity and account maintenance.
4.
5. Usually banks ask for following documents to open an
account:
•Bank application form filled out and signed by you
•A sample of your signature
•Copy of your passport certified by a public notary
•Confirmation of your address
6. Advantages of Offshore
Banking Account
One of the biggest advantages to having an offshore bank account is
that your money is not subjected to taxation laws within your own
country.
Another great advantage to offshore bank accounts is the ability to
protect your assets against local creditors.
The funds you hold in your offshore bank account are protected.
7. Offshore account allow you to make international transactions
with little or no hassle and red-tape
This type of account will allow you to transfer even relatively
small amounts or bigger amount online effortlessly.
Offshore accounts offerS FOREX and Trading accounts, allowing
you to instantly buy and sell at the click of a button from a tax-
free offshore base.