?? Is it legal to have money in offshore accounts?

?? Is it legal to have money in offshore accounts?

One of the most common questions we receive is whether it is legal to have money in offshore accounts. The answer to this question is not a simple yes or no, as it depends on various factors such as the purpose of the offshore account, the regulations in the country where the account is held and the country of residence of the account holder.

Offshore jurisdictions do not automatically mean to help tax evasion. Offshore accounts are bank accounts held outside the country of residence of the account holder. They are often established for legitimate purposes such as international business transactions or to protect assets from political instability.

To help answer some of the most common questions we receive on this topic, we've published an informative article that debunks some popular myths and explains how you can use an offshore account legally:

Are Offshore Accounts Illegal? Let’s Debunk the Myths

Whether you're considering offshore banking for personal or business purposes, contact us and we’ll provide you with a free consultation:

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It's 100% legal to deposit money in banks located in offshore jurisdictions. However, you have to take care of your tax reporting obligations in the country where you are filing your tax returns.

Конечно законно. Глупо считать, что оффшорные счета запрещены. Это тот же счёт за рубежом, только с более выгодными условиями

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