Learn From The Rich: Having An Offshore Bank Account
Suggest to the average American that he or she might benefit by owning a foreign bank account and you’ll more than likely get a questioning look and a response such as, “Why on Earth would I want to do that?”
Americans, you see, tend to have an extremely parochial attitude when it comes to their money and they also tend to have an almost unnatural suspicion of foreign banking activities. After all, the media have exposed them to an unending series of foreign banking tales involving political shenanigans, financial fiascoes and criminal capers.
Yet, the simple fact is, most Americans could benefit by owning a foreign bank account. Already, foreign banking or, as it is more popularly known today, “offshore banking” has become an important tool for thousands of legitimate and highly successful businesses and individuals. And in today’s high tech computerized satellite communications world it is easier than one could ever have believed.
Who would have believed even 5 years ago that standard simple transactions as talking to an American Express agent that the...
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