How Do You Invest In Offshore Money Market Accounts?
There are many reasons to invest in offshore money market accounts. Most of these accounts are completely legal. While the term “Swiss bank account” often conjures images of exotic dealings and criminal masterminds, there are plenty of reasons why you may want to open an offshore bank account that are well within the confines of the law. Some reasons people make this decision include tax purposes and liability issues. Consider why you are opening an offshore bank account. There are good reasons, and there are bad reasons to open an offshore account. Most of these reasons can be identified by their legality. If you are getting involved with tax evasion, insider trading, drug trafficking, or organized crime, you should know that many nations have treaties with the U.S. that compel them to reveal your account information. But if you are looking to reduce your tax liability for offshore investments or protect your from liability from divorces, inheritance disputes and bankruptcy, opening a
