An offshore bank is classified as bank account that is located in a different country to the person to whom the account is registered country of residence. Offshore accounts generally come with high levels of privacy, offshore asset protection and low tax rates.

Offshore banks are generally located in what is commonly known as ‘Tax Havens’ and due to the developed regulations of offshore jurisdictions, there are many other benefits to holding an offshore bank account, including privacy and asset protection.

To be able to efficiently protect your assets and manage your wealth, it is vital to select the right jurisdiction for your offshore account. At Charterhouse Lombard we help our clients select the perfect location for their offshore account by analysing our client’s financial needs and by considering the their specific personal requirements.

In the modern era of anti-money-laundering regulation it is no longer a straightforward exercise to open an offshore bank account.

Having formed your offshore company we are able to assist you in opening bank account in various offshore banking centres including UAE, Mauritius, The Isle of Man, and Switzerland.

To find out more about our offshore company formation services, contact a member of our team.