Wherever you live, international banking gives you the opportunity to grow and protect your money in an economically stable and central location. You can keep your money in one place while you move around the world.
International banking also makes it easier for you to manage your finances in multiple currencies across different countries.
What is International banking?
International banking simply means you have a bank account in a location outside the country you're living in. This location is usually a low tax jurisdiction.
Why choose International Banking?
Most expats have a bank account in their home country to manage financial commitments like property payments and school fees. You also need a bank account in the country where you're living to cover things like your rent, utilities and shopping. International banking provides a link between all your banking arrangements, giving you easy international access to your finances and a central home for your money.
What are the main benefits of international banking?
Convenience - stay with the same bank, no matter how many times you move country
Choice of currencies - a wide selection of multicurrency savings and investments to help you grow your wealth
Expat expertise - specialists who can help you structure your
investments and choose the right foreign exchange solutions
Tax efficiency - International banking could be a tax efficient way to manage your money
*Tax obligations: Whilst banking offshore may have potential tax benefits for you, tax rules differ from country to country. If you are unsure about your personal tax obligations, you should seek professional advice. It is your responsibility to disclose your income to the tax authorities.
International Advisor is licensed in various jurisdictions around the world, however, the products and services offered by the respective International Advisor entities may vary per jurisdiction. International Advisor does not warrant, either expressly or implied, the accuracy, timeliness, or appropriateness of the information contained on this website.
'The information contained in this Site is for general guidance on matters of interest only. The application and impact of laws can vary widely based on the specific facts involved and your country of residence. Before making any decision or taking any action, you should consult a International Advisor consultant.
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