Open an Offshore Bank Account by Choosing the Right Offshore Banking in Nevis
Have you been planning to open a foreign bank account? Looking for the best offshore banking services in Nevis ? If so, you should know that you are going to make a smart move that will provide you with a number of benefits. An offshore bank, as the name suggests, is a bank which is situated outside the home country of the depositor. An account opened in these banks is referred to as a foreign or offshore bank account. People who choose these accounts reap a number of benefits such as low or no taxation, greater privacy and other legal benefits. However, to open an account in an offshore bank, the applicant must submit the required “due diligence” or “know your client” details to the bank. These documents generally comprise completed original bank account application,a notarized signature of the signatory, an original bank reference letter by a Certified Public Accountant (CPA) or an attorney, an original bank reference letter and many more. When it comes to opening an offsho