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  • Casual Articles - Reasons To Go Offshore For Your Banking And Financial Needs

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    There is a myth perpetuated by the press and the IRS that people only go offshore for illegal purposes or to hide something through complex offshore formations. This is completely false as there are many large legitimate companies and business people who use offshore jurisdictions on a daily basis.

    To identify and list all of the reasons why one would go offshore would be impossible. However, one can identify some of the major factors:

    1. A need

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    l purposes or to hide something through complex offshore formations. This is completely false as there are many large legitimate companies and business people who use offshore jurisdictions on a daily basis.

    To identify and list all of the reasons why one would go offshore would be impossible. However, one can identify some of the major factors:

    1. A nee

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    e as there are many large legitimate companies and business people who use offshore jurisdictions on a daily basis.

    To identify and list all of the reasons why one would go offshore would be impossible. However, one can identify some of the major factors:

    1. A nee

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    To identify and list all of the reasons why one would go offshore would be impossible. However, one can identify some of the major factors:

    1. A nee

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    ore would be impossible. However, one can identify some of the major factors:

    1. A need for increased privacy and confidentiality. With faster, more powerful computers integrating more databases together, and the dramatic increase in government power since 911, there could ultimately be no financial or personal privacy left in the US.

    2. Rampant litigation in the US. You now have a 1 in 4 chance of being sued in the US if you earn over US 100,00

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