Released on: October 4, 2007, 12:27 am

Press Release Author: Mark Sutherland

Industry: Financial

Press Release Summary:
Offshore banking is one of the best ways to ensure personal privacy and financial
freedom for individuals and companies around the world. If you have a positive net
worth of US$1 or more you should have an offshore bank account.



Press Release Body: San Jose, Costa Rica (PRWEB) September 26, 2007 - Offshore
banking is not a new concept but it has evolved into a positive tool for anyone
interested in personal privacy and financial freedom. Many people are unaware of
the positive benefits they can reap from having an offshore bank account that goes
beyond privacy and financial freedom that include the ability to hold offshore bank
accounts in multiple currencies, access to international investment opportunities,
as well as interest rates higher than those onshore. In today's ever changing
financial world where frivolous lawsuits and unstable local economies are abundant,
individuals and small businesses are searching for a way to guarantee their
financial success and privacy. The solution is simple - offshore banking.

Offshore banking provides individuals and companies with the tools needed to protect
their assets as well as obtain financial freedom from the strongholds of uncertainty
by shielding them from outside influences. By opening an offshore bank account one
has access to a new level of personal and financial freedom and privacy otherwise
not available to you in your current jurisdiction. Personal and financial privacy
begins when assets are separated from outside influences such as liens, judgments,
divorce, or tax liabilities, etc. and placed into an environment where regulations
are at a minimum and information sharing is non-existent. Since most offshore banks
are located in "tax free" or very "low-tax" jurisdictions, the tax savings in itself
can be well worth the investment. When an offshore bank account is held by an
offshore company an additional barrier of protection is provided by shielding the
individuals identity by allowing the company to hold the account rather than
establishing the account in the personal name of an individual thus irradiating the
direct relationship of the true owner of the funds to the account. This in turn
provides a complete structure for asset protection and asset protection planning.

Financial freedom can easily be obtained through the use of an offshore bank account
by removing the strongholds and restrictions placed upon individuals and companies
by many jurisdictions. At present, there are countries which do not allow their
citizens to invest in offshore investment products due to strict regulations. When
one decides to go offshore this barrier is removed and the doors are opened to a
wealth of international investment opportunities. Often times the interest paid on
a basic account is much higher than the local rates one may find onshore adding to
the ever existent benefits of offshore banking. By operating an offshore bank
account business transactions can be conducted in different currencies with
companies and individuals who were not accessible before providing a unique tool and
advantage to companies interested in international trade. Asset protection is
another factor of financial freedom, allowing individuals and companies to conduct
business in a safe environment with little to no worry about potential lawsuits and
creditors. Many professionals in "high-risk" professions like doctors, lawyers, and
accountants have used offshore bank accounts to provide themselves with a nest egg
in such a case they were sued. This asset protection strategy has saved many from
the perils of being penniless after a frivolous lawsuit.

About Asset Protection Group International, S.A.: Asset Protection Group
International is a full service offshore company and offshore banking services
provider. Headquartered in San Jose, Costa Rica, privately-held
Asset-Protection-International.com serves organizations and individuals throughout
North America, Europe and Asia with offshore incorporation services, offshore bank
accounts, offshore trusts, as well as creating offshore companies aimed at
protecting assets and legally reducing annual taxes.


Web Site: http://www.asset-protection-international.com

Contact Details:
For more information about Asset-Protection-International.com contact:
Mark Sutherland
Director of Client Services
www.asset-protection-international.com
office@asset-protection-international.com