Offshore banking doesn't necessarily mean you won't have to pay tax on the returns you make – you are still responsible for paying tax in your home country, but offshore banking can give you more freedom to manage your own tax affairs and help to reduce the amount of tax you pay.
Other benefits of offshore banking include:
- Accounts available in multiple currencies
- Easy access and transfers
- Competitive interest rates
So, if you want to find out more about offshore banking tax and how it affects individual accounts, click on the link below to compare leading accounts and find out more:
