Patrick Winters
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Patrick Winters is an offshore banking consultant based in Uruguay, South America. He writes and advises for offshore banking house Capital Conservator. The Capital Conservator Group has more than a decade of experience helping people to transfer and protect their assets offshore. www.capitalconservator.com
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Its not just the incredibly rich who have to think about these things, these days it's anyone who actually earns money that may find himself in danger of getting framed and railroaded by a lawyer or inept government official.
If you are looking for privacy, ease-of-use and a card that actually works, avoid these 5 offshore credit card mistakes.
Singapore has benefited from tight bank secrecy regulation, in addition to a rise in the number of millionaires, especially the type that want to invest with private banks and financial instruments rather than in property.
Part of the reason why private offshore banks are called ´´private´´ is their reputation for secrecy. A private offshore bank in a country like Switzerland or Panama is supposed to keep your confidential records secret.
Bond villains, corrupt dictators and even Bono can lay claim to offshore bank accounts. But what about the rest of us? Does anyone really need an offshore bank account, and how much money do you need to make it worthwhile?
The problem is, Uruguay house prices refuse to fall. Why is it that when real estate has been dropping like a stone in the US, Uruguay has carried on as if the financial crisis had never happened?
Montevideo is blessed with a plethora of apartments that will seem affordable to the US or European tourist. In other cities, you may have to settle for something out of town. In Montevideo, which is a living, working city - you can literally wake up and have sand at your feet.
How many investors have trouble finding an offshore bank account that really keeps their information confidential?
A number frequently overestimated is the amount of ''black'' money in swiss bank accounts. Only a tiny fraction of money in Swiss banks has criminal origins. The truth is, most investors like banking in Switzerland for its security. When it comes to putting wealth in a safe place, the Swiss franc and Swiss banking are preferred 99% of the time.
Finding the right wealth manager is crucially important if you want to see your wealth grow safely. The fleecing of clients in "retail banking" is unfortunately common, but you can use these 5 tips to make an informed choice.
