Why should I consider incorporation and banking offshore?
Is there minimum dollar amount necessary to go offshore?
Is going offshore only for people with business assets?
What does Heritage International offer that other offshore providers don’t?
Do any regulations forbid foreign business or banking?
Do I have to travel to "go offshore"?
What offshore country is the best to form an IBC in?
What is an acceptable name for an IBC?
Is offshore banking safe?
Can I bank online offshore?
Who controls the offshore accounts?
How do I bring money back from offshore?
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Why should I consider offshore incorporation & banking?
There is great risk of holding "all your eggs in one basket". Those with holdings in only one currency can stand to lose a significant value of their investments when there is market volatility. A multi-currency account can serve as a hedge against this. Why else? Government's today are becoming more draconian with their tax measures and collection tactics as the see revenues decline and spending to maintain their social welfare programs. Placing assets beyond the reach of anyone is always an excellent idea. Ask Heritage International about how you can do this 100% anonymously.
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Is there minimum dollar amount necessary to go offshore?
No. There is not a minimum amount necessary to go offshore. It is possible to place anywhere from a few hundred dollars to hundreds of millions of dollars offshore.
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Is going offshore only for people with business assets?
No. Offshore tools may be utilized to protect personal assets (as well as restore personal financial privacy and provide protection from personal lawsuits) just as effectively as they can be used to protect business assets.
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What does Heritage Internaitonal offer that other offshore providers don’t?
1. Experience. Heritage International has set up hundreds of offshore companies, hundreds of offshore bank accounts, etc. Put simply: We’re not novices; we know what we’re doing, and we use our experience and knowledge. We take very good care of our clients. 2. Multi-jurisdictional approach. We use the best services offered in the best offshore jurisdictions to insure that our clients get the best of all worlds and have the strongest protection and privacy to be had anywhere on the planet. 3. Communication. Many of Heritage International’s competitors have little or no contact information on their websites other than an email address. Not so with Heritage International Visit the contact Heritage International page and feel free to contact us directly through the website, call, send an email or fax. Lastly, Heritage International offers offshore solutions, not just corporations.
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Do Any Regulations Forbid Foreign Business Or Banking?
Absolutely not. Most countries encourage international trade and investment. As such, there are virtually no regulations forbidding citizens from doing business or having bank accounts in other countries. Should any major country ever forbid foreign banking or investing, international trade would quickly grind to a halt. This would cripple the world economy. Therefore, major countries will likely never forbid foreign business, banking or investing. Rather, sophisticated and knowledgeable individuals and corporations all over the world have used and will continue to use offshore tools.
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Do I Have To Travel To "Go Offshore"?
No. Heritage International interfaces with offshore institutions to form IBC's, open bank and brokerage accounts, etc. so that clients don't have to leave the office to go offshore.
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What Offshore Country Is The Best to Form an IBC In?
First, the offshore countries under consideration must have strictly enforced privacy laws. Next, English must be the main language or used extensively, the judicial system must be based on British Common Law, the country must have a long history of political stability and must be completely independent from one's home country. This narrows the field down to Belize, British Virgin Islands (BVI) and Panama. Each of these jurisdictions forms completely private IBC's that are authorized to do business worldwide (except in the country of incorporation). An IBC formed in one country is just as private and functional as an IBC formed in any of the others. It is these three countries that Heritage International recommends to clients, regardless of the client’s home country. An IBC in any of these locations will be perfect for helping clients regain privacy and protect personal and business assets.
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What Is An Acceptable Name for An IBC?
An IBC may be named nearly any name its founder desires. There are very few restrictions. The name of an IBC must end with "Incorporated", "Limited", "Corporation" or the abbreviations "Inc.", "Corp.", or "Ltd.". Names that include "trust", "bank", "banc" or "insurance" require a government license. Other than these limitations an IBC may have virtually any name. An IBC name may include numbers and symbols.
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Is Offshore Banking Safe?
Absolutely. Heritage International can recommend established, reputable, rated (by Moody's and Standard & Poors) banks that have been in existence for many years, have billions in assets and have proven themselves to be service oriented. As long as accounts are opened at a bank Heritage International endorses, an individual's or corporation's money will as safe offshore than it is onshore. Most offshore banks also offer depositor insurance.
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Can I Bank Online Offshore?
Yes. All of the banks that Heritage International has relationships with have complete online banking services.
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Who Controls The Offshore Accounts?
You do. The client is in complete and total control of all accounts at all times. His/her signature is the only one that appears on any bank or brokerage accounts and no one but the signor may use or access funds in the accounts. Heritage International never has knowledge of your account information.
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How Do I Bring Money Back From Offshore?
There are four ways to bring money back from offshore:
1. Money may be wired directly from offshore into a domestic account.(not recommended)
2. Wire money from your offshore account through a trust account and then to your bank account.
3. Offshore banks and brokerages issue Visa/MasterCard debit cards and secured credit cards to account holders. These cards may be used to make purchases from merchants or to withdraw cash from an ATM.
4. The foreign company (IBC) or trust may purchase real estate, cars, businesses, etc. Typically, the founder/client acts as an agent of the IBC or trust to purchase assets on its behalf. By this means, assets are held under a corporate or trust name, thus helping to protect the client's privacy.
5. The client may borrow funds from the corporation or trust. The IBC or trust is a separate legal entity from an individual and may make loans to individuals or other entities.
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