I have done some research two weeks ago regarding how and where I should park my investments without having to worry about tax. I went down to my local bank branch and ask them what they suggest but they could only offer me a savings account with almost no interest and on this "capital gain" I would even have to pay tax.
Being disappointed with my local bank branch I decided to look on Google for a more suitable solution to my problem. After some search I found a homepage that explained How to open an offshore account and what would be the best bank for my new offshore account. To my surprise are there not only many banks to choose from, they also offer much more interest for my money. A service that was extremely helpful for me is Stateside Finance. They provide all offshore service you can imagine, from Tax Free Company Formation to Offshore Bank Account Opening Service.
I ordered a Personal Offshore Bank Account with them and just after a few moments I received an email with the instructions and information what I would have to provide in order to set up my tax free bank account in just a few days. Again, I was surprised because all it takes is only a certified copy of my passport and a utility bill. That was all. I provided copies by email and the original certified copies the next day by snail mail. After just one week my tax free account was opened and I transferred my investment into the save harbor of an offshore bank.
Today I use online banking, I received a debit and credit card and the best of all is I don’t have to worry about tax or my financial privacy.
