visit this weblinkExaggerated spending, lavish lifestyles and not having to budget have become and old tale. Today, each penny counts and budgeting ha
Storified by exuberantc312 · Sun, Aug 30 2015 07:34:12
Exaggerated spending, lavish lifestyles and not having to budget have become and old tale. Today, each penny counts and budgeting has become the need of the hour. To worsen the things, the upward sloping curve of the poor and the unemployed invite more crime and unrighteous activities. Safeguarding money has really become hard and complicated. And, for those who are looking forward to other than their regular ways of earning, a secure way of hiding the earnings and of taxes is in great demand.
useful systems and company formations are just like their onshore equivalents; there's no big mystery about them. If you want a company formation, contact a local registration agent, who speaks English, in the country of registration. Then use another local agent to check what the first one's done.
In the present economic situation, gold is "true" money while all the paper monies of the world flail about in desperation. That is why the gold price fluctuates daily. The fact is, it's not so much the gold price that changes, but the value of gold when expressed in dollars, or any other major currency.
Well, to say the least, offshore banking has immense potential. If you're one of those who change job or the city quite frequently, then this perhaps fits your bill the best. You can keep your bank constant even if you're on the move. Wherever you go, you will always have an access to your money and your bank account through offshore banking. If you use any specific bank in one country, you may find it difficult to access your money abroad or may have to unwillingly pay charges on every transaction. You may also not be able to reach your account in some countries. offshore banking takes care of all these and ensures your money anytime anywhere.
Because offshore banks offer multiple currencies to bank in, you can also choose your interest rate. While rates in the US are near zero, making savers suffer, rates in Australia and New Zealand are much higher. The governments there didn't play the race-to-the-bottom game that their western counterparts did. Banks both in Australia, and those offering Australian dollar deposits, routinely offer near 5% interest rates on savings - even short-term savings - at a time when you're lucky to get 0.75% in an online account in the US. If you want to branch out to an emerging destination like Mongolia, you can earn up to 15% on your money.
You can also possibly save with taxes in this method. Why? Because since the bank is offshore, they will give you interest BEFORE your national tax is applied.
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