A Bank is a Bank is a Bank…

Doesn’t matter if it’s a Domestic Bank, an Offshore Bank, or an Offshore Licensed Bank. They’re all basically the same…

And the money in them is the same… well, not entirely. You’re money might be worth more in some European and Asian banks.

There are more than a few around the world where the interest your money would earn in a savings account puts a US bank savings account to shame.

Speaking of shame, recent articles in USA Today try to give the misleading impression that all offshore banking is bad.
Evading taxes and illegal USE of a bank account… yeah, that’s a bad idea. No argument there.

BUT, there’s nothing wrong with putting your (after-tax) money in a bank in another country. It’s safe, it’s legal and odds are you’ll be getting a better interest rate too.

Want more? Check out Jim Straw’s report “Offshore Banking is Not Evil!”

aloha,
Andy Moose

p.s. here’s the link again, businesslyceum.com/offshore.html