Author:
Alexandra Erlanger
Published:
10 April 2023
A checking account is an instrument that you use in everyday life, and there are instructions for any instrument – and this one is no exception! Are there any limits to the amount that can be deposited with your checking account in one go? Should you keep any minimum balance on the checking account? How much money should you keep in your checking account to be on the safe side and separate your savings and investments from your everyday spending? Read the article to find answers to all these questions. In the end, we give some tips on choosing a bank that might be of use to you.
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Author:
Alexandra Erlanger
Published:
10 April 2023
Some independent contractors (or freelancers) work for customers located in foreign countries. Professional skills and Internet connection can be the only two things required for doing the job. However, the freelancer needs to be paid and if the customer is in a foreign country, an international bank account becomes a necessity.
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Author:
Alexandra Erlanger
Published:
10 April 2023
Do you know that Luxembourg takes first place by GDP per capita? A small country that managed to become so successful is truly worth paying attention to. Luxembourg has its success story that we are going to describe in the article. It has come a long way from a poor agriculture-based country to a present-day financial center and a popular destination for immigration. If you are looking for a stable jurisdiction that is suitable for living, business, or work, consider Luxembourg. The experts of our portal can open a private or corporate account for you here or help with company registration.
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Author:
Alexandra Erlanger
Published:
10 April 2023
Which European countries have growing nominal GDP today? The biggest and most rapidly growing economies in today’s world.
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Author:
Alexandra Erlanger
Updated:
10 November 2025
This article is a guide to opening an offshore company in the Republic of the Marshall Islands. It covers the benefits of opening an offshore company in this jurisdiction, such as zero tax rates, flexible corporate structures, confidentiality for directors and beneficial owners, and no reporting requirements.
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Author:
Alexandra Erlanger
Published:
06 April 2023
Liechtenstein as of 2023: country profile and other useful info. The country’s geographic location, economy, and political status. Is Liechtenstein still a tax haven in 2023? Personal Income Tax in Liechtenstein: progressive income tax system, and tax rates for individuals resident in the tax haven. Business taxation in Liechtenstein: minimum corporate tax, and prevailing tax rates. Tax-exempt companies in Liechtenstein. Taxes on dividends and capital gains.
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Author:
Alexandra Erlanger
Published:
06 April 2023
The Turkish Republic of Northern Cyprus is not recognized by many national states but life goes on in the jurisdiction. More and more development projects are undertaken in the northern part of the island and their popularity with foreign investors is on the rise. A foreigner purchasing property in Northern Cyprus will qualify for legal residence in the country regardless of the amount of money that he/ she invests.
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Author:
Alexandra Erlanger
Published:
06 April 2023
What the World Bank Group is all about: some stats and figures. Exploring the list of non-member states in the World Bank: North Korea, Andorra, Cuba, Monaco, and Liechtenstein. Beyond the World Bank – other nations that lack access to global financial resources. Hong Kong, Taiwan, Palestine, the Vatican, and Kosovo.
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Author:
Alexandra Erlanger
Updated:
30 June 2026
Opening a non-resident bank account is a task that is challenging but performable. The advantages of non-resident banking include personal information confidentiality, flexible tariffs, access to foreign markets, and easy access to money. However, banks may deny services based on the customer’s nationality/ legal residency and the sources of income.
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Author:
Alexandra Erlanger
Published:
04 April 2023
Offshore banking is a legitimate way to protect assets, reduce costs and expand investment opportunities, but it is not without risk. In this article, our experts explain some of the dangers of offshore banking and advise how to minimize or circumvent the risks.
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Author:
Alexandra Erlanger
Published:
04 April 2023
Key advantages of registering a company in Luxembourg include the following ones: a central location and good relations with other countries; a strong economy; openness of the country and a friendly business environment; lack of restrictions on foreign investment; lack of currency control; beneficial tax policies; support and development of digital technologies. Luxembourg is probably the most advantageous Western European country to register a company there.
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Author:
Alexandra Erlanger
Published:
03 April 2023
This article discusses the advantages of obtaining a residence permit in Northern Cyprus (Turkish Republic of Northern Cyprus), including ease of obtaining a permit for property buyers or renters, developed infrastructure, relatively low cost of living, and access to internationally recognized universities. Experts also talk about the conditions and necessary documents.
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Author:
Alexandra Erlanger
Updated:
07 June 2023
Nevis is a reputable offshore jurisdiction highly popular with entrepreneurs from different parts of the world. An LLC registered in Nevis will serve as a secure instrument of asset protection. While it might be challenging to open a corporate bank account for an offshore company in Europe, setting one up in the Cook Islands is absolutely possible. An LLC in Nevis with a bank account in the Cook Islands is going to be a highly functional business instrument.
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Author:
Alexandra Erlanger
Updated:
12 July 2024
Discover Nevis and St. Kitts. Setting up your offshore business: legislative framework in Nevis. Types of ventures in Nevis. Documents required to open an offshore bank account in Belize and register a company in Nevis. Perks of Nevisian offshore companies. Offshore corporate banking in Belize. Fees and services for offshore companies. Bank fees for corporate clients in 2023. Step-by-step guide for registering your offshore company in Nevis and setting up a corporate account with a Belize bank.
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Author:
Alexandra Erlanger
Published:
03 April 2023
Have you heard of the tax haven of Labuan? This is a Malaysian offshore zone where you can register a company to benefit from low tax rates. Unlike other offshores, Labuan cannot boast zero taxation – you will still have to pay a profit tax of about 3%. The tax rate depends on the time of the company and it will differ for holding and trade companies, for example. But if you look at average Malaysian tax rates that amount to 20 to 30 percent, you will see a huge difference! Read the article to find out more about company registration and taxation in Labuan and economic substance requirements on the island.
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Author:
Alexandra Erlanger
Published:
31 March 2023
Offshore bank account in Mauritius: 7 key benefits. High interest rates, deposit security, flexibility, investment opportunities, lending programs, and efficient tax optimization in Mauritius. How did Mauritius emerge as a top offshore hub? Advantageous geographic location, political stability, legal system, and regulatory framework. Arbitration center in Mauritius. DTA agreements. Diverse business structures in Mauritius. Favorable taxation. Skilled workforce. Well-developed banking industry.
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Author:
Alexandra Erlanger
Updated:
04 December 2025
Can foreigners buy property in Turkey? Learn about the new foreign property ownership and citizenship laws in Turkey. Tew rules, thresholds, and requirements for buying property in Turkey for foreigners in 2023. Citizenship issues. Expert insights on Turkey, consultations, and prof. services.
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Author:
Alexandra Erlanger
Published:
31 March 2023
Switzerland remains the most reputable jurisdiction as far as banking services are concerned. However, history knows many examples when scandals in the Swiss banking sector have broken out. Most often, this happens because a Swiss bank is involved in some money laundering schemes or it helps its customers evade taxes. In other cases, a banker can be bribed to give a loan. The truth always comes out eventually and the bank faces serious consequences.
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Author:
Alexandra Erlanger
Published:
31 March 2023
The real estate market in Belgrade: best offers, prices of properties at various locations, and future trends. Get expert advice on buying Serbian real estate today.
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Author:
Alexandra Erlanger
Updated:
23 November 2025
Getting hold of the main drivers behind Chinese banks' high capitalization and asset levels. Comprehensive look into China's banking system. Discovering key insights into the Chinese banking system. Top ratings of China's biggest banks. Forbes Global 2000, S&P Global Market Intelligence 2022, and The Banker 2022. China Construction Bank, ICBC, ABC bank, Bank of Communications, and BOC – meet China’s top-5 banks.
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Author:
Alexandra Erlanger
Updated:
15 April 2024
European banking capitals. European financial hubs rated. Global Financial Centers Index (GFCI). International Financial Centers Ranking 2022: business environment, scope of financial activities, capital market size, availability of human capital, quality of business infrastructure, reputation, and international capital management as factors assessed. Strengths of European banking capitals. Amsterdam, Geneva, Frankfurt, Paris, or London – top banking choices among European financial capitals.
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Author:
Alexandra Erlanger
Published:
28 March 2023
How do offshore companies work? What’s the upside? The bottom line is the right country, entity (trust, foundation, LLC, etc.), and account. You’ll need knowledge, resources, and a business plan. If you have a reliable advisor, the rest will take care of itself. Prof. experts and services.
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Author:
Alexandra Erlanger
Updated:
20 November 2023
In this article, our experts talk about assets the IRS can confiscate, including bank accounts, real estate, income, and movable property. It also highlights what assets and sources of income are protected from the IRS.
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Author:
Alexandra Erlanger
Published:
27 March 2023
Myths and legends about overseas banks and accounts. Best foreign banks and their features. Banking offshore: your path to success. the best international banks for business purposes in 2023. Top offshore neobanks in 2023. Traditional banks overseas and their characteristics: find your gem for overseas banking. Top countries and territories for offshore banking. Follow expert advice for optimum results.
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