It’s been a while since I wrote anything about technology and it’s getting a little tedious to write about compliance topics all the time. So I decided to write a little bit about offshore data storage, which is the concept of storing digital data in a foreign jurisdiction for whatever…
The theme of these posts has changed over the years to increasingly include banks that might not qualify as offshore. This year, I will divide the lists into three categories. The first category, Best Banks 2016, lists the banks that I have had the most positive experiences with during 2016…
Has it been another year already? It sure looks like it. I have pondered ways to approach this in the best way possible. In previous years, I have almost exclusively listed banks that stood out during the year but I think that might not be the optimal approach. A list…
From now on, posts in this series will not contain the word review in the title. The previous posts were taken as recommendations by some readers, which caused some unfortunate controversy over specially SFM Offshore, whose service quality has degraded since my post on them. I had intended for the…
Today, we will take a look at the jurisdiction to which Hong Kong is perhaps most often compared: Singapore. History Singapore, with its strategically important location, has a rich history as an important trading hub connecting Europe and Asia. Recorded history starts around the very end of the 1200s. The…
All right – It’s time to tackle private banking. What is private banking? Private banking is often used almost synonymously with wealth management. It’s the origin of banking itself. When the old Venetians started what today has become banks, it was by taking wealthy people’s money, keeping it safe, and making…
Have you ever thought about packing your bags and moving to a sunny island where it’s peaceful all the time, the drinks are cheap, and the taxes are low? Today we will go through ten offshore jurisdictions and explain the pros and cons of living there. What is being presented…
Oh this coveted topic. So misunderstood. So misrepresented. Yes, banking secrecy still exists. No, it’s never going to go away. What is banking secrecy? Banking secrecy is by no means a Swiss invention, although the Swiss are no doubt the most famous. The banking system is based on trust;trust that…
It’s been a while since I did one of these, but today we will be taking a look at Panama-based Mossack & Fonseca. Website: http://www.mossfon.com/ Offshore Services Mossack & Fonseca is, first and foremost, a law firm and not a pure offshore service provider. Like many other law firms, they…
…That I have used. This post marks a slightly changed posting schedule, where posts occasionally will be posted more than twice a month; though still always on Thursdays. Web hosting is a key aspect of any global business today. Hosting in the right location can be just as important as choosing…