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An Offshore Bank Account is perfect to support your everyday banking requirements, enabling you to manage your finances across international borders, for making payments and accessing your money wherever you are in the world.
Talk to an advisorHaving a Bank Account outside of your home country and/or country of residence enables you to diversify your exposure to local political and financial instability, giving you peace of mind and flexibility in your professional life.
With unlimited withdrawals via Debit Card, Online Banking and Mobile Banking you have 24/7 access to your money anywhere in the world.
Holding foreign currencies is an excellent way to diversify your portfolio risk, protect your purchasing power and internationalize some of your savings. Offshore Banks offer much more options than domestic banks.
As little as £4,000 or $6,000 or €6,000 will open your own Offshore Bank Account. Some Offshore Bank Accounts require a minimum deposit of £100,000, but that’s a minority. The majority of our clients are able to benefit from this service.
There are many offshore jurisdictions around the world that offer Banking Services but we only use the higher rated jurisdictions, such as the Isle of Man, Jersey, Guernsey and Gibraltar.
Despite what you may hear, offshore banking is completely legal. It’s not about tax evasion or other illegal activities. It’s simply about legally diversifying your political risk by putting your liquid savings in sound, well-capitalised institutions where they can best meet the needs of Expatriates and internationally mobile individuals. Of course, we expect our clients to declare income and pay taxes where they are due under the law. Neither we nor our banking or investment partners condone tax evasion, money laundering or any other illegal activity.
Have more questions? Give our team a call.
I first met Martin in Tripoli, Libya where he assisted me with my financial planning which has since provided excellent results. Martin is a professional financial advisor who provides regular financial reviews on my portfolio, and always makes himself available to answer any questions I may have. I look forward to continuing my working relationship with Martin and I am happy to recommend him to any professional colleagues.
Kastle Offshore assisted me with my financial plan whilst I was working at Schlumberger in Libya. Martin is a professional and trust worthy financial advisor who provides me regular financial reviews on my investments. I am very happy with Martin’s service and continuing support of Kastle Offshore. I am more than happy to recommend Martin to any friends and professional colleagues.
Kastle Offshore is a professional financial advisory company whom has positive plans towards future. My advisor, Martin has clear objectives and has provided good results to my financial plan. I am so glad to know Martin and I am very pleased to recommend him to other professional colleagues.