Offshore Banking

Offshore banking explained. What it really is, who can benefit from having an offshore bank account, advantages and disadvantages of offshore banking.

You're here: Home   »   Offshore Banking & Investment   »   Offshore Banking

Offshore Banking a Definition

What is offshore banking all about? Can anyone have an offshore bank account? What’s the point of going offshore?

Different Types of Offshore Bank Accounts

Examining the main types of offshore bank accounts that expatriates and offshore company owners can choose from

Advantages and Disadvantages of Offshore Banking

Examining the pros and cons of banking offshore for expats and internationally minded individuals.

Is Offshore Banking Illegal or Immoral

Is it illegal to move money offshore, is it immoral to use an offshore bank account? We dispel the myths.

Offshore Banking and the EU Savings Tax Directive

Introduced in 2005, the EU Savings Tax Directive has changed the face of offshore banking within Europe

Choosing the Best Offshore Bank Account

There are many different offshore bank accounts to choose we explain how to find the right account for your requirements

Offshore Company Bank Account

A complete guide to offshore company bank accounts detailing how you open one and what they are suitable for

Do Expats Need an Offshore Bank Account?

Do expats need an offshore bank account, or is it ok to bank back home? We explore your options.

How to Open an Offshore Bank Account

A comprehensive guide to opening an offshore bank account

Frequently Asked Offshore Banking Questions

Your frequently asked offshore banking questions answered; a constantly evolving offshore banking resource

Offshore Banking Basics: Who Needs an Offshore Bank Account Anyway?

Are offshore bank accounts of use to expats, what are international bank accounts and who needs an offshore business account?

What Exactly is Offshore Banking?

For expatriates, what exactly is offshore banking about? Flexibility, security of funds, having an international or multi-currency account? We discuss.

Why Offshore Banking isn’t Just for the Rich

Offshore banking is not just for the rich, expats can benefit from the flexibility and security of offshore bank accounts

Pros and Cons of Multi-Currency Offshore Bank Accounts

Defining a multi-currency offshore bank account and looking at their pros and cons for expatriates living abroad as well as for those who need to transact internationally and move and manage money in more than one currency.

An Often Overlooked Benefit of an Offshore Bank Account

Offshore bank accounts are largely promoted to expatriates through the levels of international flexibility they offer such clients; however there is one other core benefit that’s often overlooked, and it’s an advantage relating to the centralisation of wealth management and one more expats could perhaps utilise…

International, Non-Resident & Offshore Bank Accounts

For an expatriate banking can become complicated as soon as they move abroad – do they need an offshore bank account? Will an international account be more flexible – and what’s a non-resident bank account? We clear up the confusion!

How Can Expats Safely Bank Offshore and Online?

As phishing and pharming are on the increase and expats do more and more of their banking online, how can expats protect their offshore bank accounts and ensure their identities are kept safe? We show you the tips and tricks you need to be aware of and employ in order to bank safely.

Can I Keep My British Bank Account Open When I Move Abroad?

Following a comprehensive survey of Shelter Offshore readers, we discover the ways British expats like to manage their money, and why you are allowed to keep your British bank account open if you want to.

Hidden Costs of Managing and Moving Money Abroad

If I told you there was more than one way to save serious cash on your annual money management as an expat, would you be interested? Expats generally pay a lot of fees for the international management and movement of their money, but they don’t have to…

How the Irish Banking Crisis Could Affect All Expatriate Investors

Shelter Offshore’s editor comments on how the Irish financial crisis could potentially affect all expatriate savers and investors, and how expats might be able to protect themselves from the worst of the fallout…

Who Offers the Best Offshore Bank Account for Expats

We compare and contrast the premier international/offshore bank account offerings from the 3 main banks competing for expatriate banking business, (namely HSBC, Lloyds TSB and Barclays Wealth) to help you find the best offshore bank account for your expat needs

Beware Poor Offshore Bank Account Interest Rates

Offshore bank accounts are not necessarily all they are cracked up to be! If you want a high-interest paying and private account solution, forget a personal offshore current account! We look at the truth about offshore bank accounts today…

Simple Guide to Sorting Your Bank Account Out When You Move Abroad

A no nonsense guide to expatriate banking – showing you why you need to keep your old UK bank account open, open a new account abroad and think carefully before bothering with an offshore bank account

British Banks Set to Go Offshore, So Why Shouldn’t You Follow?

If the banks in Britain can go offshore to avoid new government levies, British expatriates living abroad and away from the UK should certainly take advantage of tax saving options available to them offshore too

Why Expats Should Bank Offshore

A guide to how an international bank account – aka an offshore bank account – can be a useful tool for an expatriate’s money management

Personal Introductions to a Private Bank in Monaco

If you’re tired of the way international banking has deteriorated to the point at which it is no longer even service driven, we can assist you by introducing you to a private bank in Monaco where your high standards will be met and where your wealth will be privately and securely managed

Anonymity & Confidentiality with an Offshore Bank Account

We explain how the financial world has changed so significantly that it is now difficult for those legitimate individuals and businesses that require freedom of choice and privacy when it comes to banking to achieve it – and how you can potentially find away around this untenable situation with our contacts

Is HSBC’s Premier Offshore Bank Account Any Good?

Shelter Offshore reviews HSBC’s Premier Offshore Bank Account and it’s other account options for expatriates seeking the most flexible and useful offshore bank account when they move to live and work abroad

Instant Offshore Bank Account

If you need an instantly accessible offshore bank account with a major European bank there is a solution available from one reputable international banking and company formation specialist and we can help you access it

28,000 More Reasons to Move Abroad and Bank Offshore

The going in the UK is getting worse as HMRC is tasked with sniffing out every last penny of tax revenue to plug the deficit created when the government bailed out the banks – innocent and honest people are being hounded, to the point at which they are planning on moving abroad and managing their money offshore

Can You Escape Tax With an Offshore Bank Account?

Is it possible to open an offshore bank account and avoid paying tax on your income? We examine what people think they can use an offshore bank account for and how one can actually be useful to you…

Why an Expat’s Wealth Health is MORE Important When They Move Abroad

Have you ever thought about the fact that the health of your wealth is more important than ever when you move abroad and become more vulnerable, financially speaking, because you lose any state support system that you could have fallen back on?

Christmas is a Great Time to Get a Better Offshore Banking Deal

Whilst others are concentrating on spending every penny they have to enjoy an indulgent Christmas, those of us who want to have a bit left over may well find that now is the best time to haggle hard for better returns on our money

Swiss Offshore Banking

Dispelling myths about Swiss offshore banking and proving that Switzerland is now a compliant and respected offshore jurisdiction

I’m Retiring Abroad Do I Need an Offshore Bank Account?

In this article we’re going to explore the banking options and alternatives for those moving abroad in retirement

Transferring Money Internationally

A complete, comprehensive, straightforward and very simple guide to getting it right when you move money between home and abroad – whether you make a one off lump sum transfer, or regular smaller payments

Advantages of Prepaid Currency Cards for Expats

What is a prepaid currency card, how could it be of use to you as an expat or someone who travels abroad, how can you get one and where can you use one – all your questions answered!

How Expats Can Protect Against Currency Fluctuations

A guide to options and solutions available to expats living abroad and those transferring money internationally who want to avoid the erosion effects of currency fluctuations and transfers abroad

Why All Expats Should Have An International Bank Account

Taking a look at how potentially all expatriates could benefit from an international banking solution that bridges the gulf between their banking needs at home and abroad and their bank accounts at home and abroad!

Offshore Bank Accounts for Expatriates

A complete guide to the legitimacy and usefulness of offshore bank account solutions for expatriates living abroad

Why We Recommend HSBC Bank International To Expatriates

Like you, at Shelter Offshore we take expatriate financial security very seriously.

HSBC bank International has over 40 years experience in helping individuals to protect and grow their wealth in the secure offshore jurisdiction of Jersey, one of the World's most respected and well regulated financial centres.

Along with a wide range of offshore services and products, they also offer expert advice to expats in key locations throughout the world.

For more info about HSBC Bank International's offshore services click here!