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Cheap offshore bank account

10 cheapest jurisdictions to open an offshore bank account

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Posted on 5/11/2009 14:21 EST

Taxes may be inevitable, but a big tax bill -- maybe not. Ecommerce Journal has some advice: with an offshore bank account, you may be able to lower your burden. But first read this article, and then proceed carefully.

"An offshore bank account is the choice of many people who want to lower their tax burden. Are you in that boat? We have analyzed dozens of offers from offshore banks and made up a list of jurisdictions with the lowest fees.

Anyone can legally open an offshore bank account in many countries around the world. Their allure is much more noticeable during tax time, when people need to report their earnings to the IRS..."

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