Andorra is not just another Offshore centre. In the first place, Andorrs is landlocked and in the second place, Andorra does not have an “offshore jurisdiction”. It does not have special tax regulations for banking or investment funds, it does not offer classical offshore products such as trusts. The reason it doesn’t offer these services, […]

Popularity: 25% [?]

Posted on December 17th, 2007 by Banker
Filed under: Offshore Financial Centres, Tax Havens, Banking Secrecy | 2 Comments »

Bankers often speak to the imagination of us, the average Joes, and offshore bankers do so even more. What is the typical profile of an offshore banker? Well, an example of a famous offshore banker is the Dutchman John Deuss.
John Deuss is a banker and oil trader who was born in the Netherlands but has […]

Popularity: 26% [?]

Posted on December 4th, 2007 by Banker
Filed under: Tax Havens, Offshore Investing, Offshore Bank | No Comments »

Costa Rica, the Southern-most country in Central-America, has 4 million citizens. Costa Rica, besides having one of the world’s largest areas of protected rainforest, is developing as an offshore financial centre.
Until 1995, Costa Rica’s banking industry was a state business, but since the banks have been privatized, slowly but surely the positive tax climate in […]

Popularity: 31% [?]

Posted on November 28th, 2007 by Banker
Filed under: Offshore Financial Centres, Tax Havens, Offshore Banking News | No Comments »

Investing beyond the borders of your jurisdiction, which is also referred to as offshore investing, has quite some advantages. We will name a few here, together with some of the disadvantages of investing abroad.
Offshore investing makes up more than half of the world’s financial investments and is therefore quite significant. Offshore investing has the […]

Popularity: 24% [?]

Posted on November 12th, 2007 by Banker
Filed under: Tax Havens, Offshore Investing | No Comments »

Monaco is still among the tax havens that are named “un-cooperative tax havens”. In 2002, Andorra, Liberia, Liechtenstein, the Marshall Islands, Monaco, Nauru and Vanuatu were on the list of un-cooperative tax havens. Most countries managed to get themselves off the list, but Monaco stayed on the list, together with Liechtenstein and Andorra.
Being on […]

Popularity: 100% [?]

Posted on November 1st, 2007 by Banker
Filed under: Tax Havens, Banking Secrecy, Private Banking Analysis, Offshore Banking News | No Comments »