Take Help from Industry Experts and Reap the Benefits of an Offshore Bank Account
Have you been thinking about opening a foreign bank account? Thinking about reaping the benefits of opening a bank account outside of your home country? If so, choosing an offshore bank account in Nevis would be a smart move. An offshore bank is a bank which is located outside the home country of the depositors. An account in these banks is referred to as a foreign or offshore bank account. People opt for these accounts because they offer a number of benefits such as no or low taxation, greater privacy and other legal advantages. To open an account in a foreign bank, the applicant must provide the required “due diligence” or “know your client” details to the bank. These documents usually include completed original bank account application along with the notarized signature of the signatory, original bank reference letter generally by a Certified Public Accountant (CPA) or an attorney, Original bank reference letter and many others. However, opening this account is a time-consumi