Tax free 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, if not all of it. Apart from being lower or almost tax free, offshore banking offers a number of other benefits:
- Higher interest rates
- Access your money anywhere in the world
- Send and receive money internationally
- You can choose a currency to bank in – usually sterling, euro or US dollars
Use our FREE online service to compare deals and see if you can find a tax free offshore banking account to suit your needs.