Offshore Banking

Offshore banking benefits

Placing your money with a Bank Offshore can provide you with a range of offshore banking benefits including:

•  Security and confidentiality

•  No exchange control restrictions, allowing capital to be freely moved without formality

•  Interest on your savings and investment accounts may be paid gross, without deduction of tax at source (although you may have a liability to tax elsewhere).

•  If you reside in the European Union, the European Union Savings Directive will apply to interest earned on your account.

•  Holding assets offshore may have some tax planning advantages

•  There may be inheritance tax benefits for clients dependant upon domicile

•  Sophisticated worldwide communication links facilitating ease of access
BD Wealth Management can help you set up your offshore bank account.
        
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BD Wealth Management, and corporate entities forming part of BD Wealth Management, is licensed in various jurisdictions around the world, however, the products and services offered by the respective BD Wealth Management entities may vary per jurisdiction. BD Wealth Management does not warrant, either expressly or implied, the accuracy, timeliness, or appropriateness of the information contained on this website. For more country-specific products and services offered by BD Wealth Management please contact us and a local advisor will be able to give you specific details.  The information contained in this Site is for general guidance on matters of interest only. The application and impact of laws can vary widely based on the specific facts involved and your country of residence. Before making any decision or taking any action, you should consult a BD Wealth Management Financial Advisor.  BD Wealth Management disclaims any responsibility for content errors, omissions, or infringing material and disclaims any responsibility associated with relying on the information provided on this website.  
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