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Anyone know how to use offshore bank accounts

 
euc

User ID: 25786385
United States
11/14/2012 11:54 AM
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Anyone know how to use offshore bank accounts
Been working offshore oilfield contract work and a lot of foreign nationals keep their money in offshore bank accounts and do not pay taxes ANYWHERE!!!

Mind you these are people making anywhere from $600/day to $1400/day for a month straight and getting paid in GROSS!

I want this..
Anonymous Coward
User ID: 677476
United States
11/14/2012 11:57 AM
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Re: Anyone know how to use offshore bank accounts
Step One: Vacation in the Caymans

Step two: Open a bank account
Beachbums

User ID: 3493908
Ecuador
11/14/2012 12:00 PM

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Re: Anyone know how to use offshore bank accounts
Panama
"Life is tough, it's tougher if you are stupid." - John Wayne

I can write AND read cursive.
Anonymous Coward
User ID: 27738319
Mexico
11/14/2012 12:08 PM
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Re: Anyone know how to use offshore bank accounts
Panama
 Quoting: Beachbums


This. Panama is th place. Look up Permanent Tourist.
euc (OP)

User ID: 25786385
United States
11/14/2012 12:11 PM
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Re: Anyone know how to use offshore bank accounts
Nice.. Thanks guys.

Anyone have any information on how this works regarding our taxes? If this hypothetical person did this and was found by the irs... what are we lookin at here...
Beachbums

User ID: 3493908
Ecuador
11/14/2012 12:23 PM

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Re: Anyone know how to use offshore bank accounts
I have a few friends with Panamanian Accounts. This lawfirm has a loy of good info:

[link to www.panamalaw.org]

Looks like Nevis and Guatamala are both really good....

Not to avoid taxes, just anonymity

Last Edited by Gringo-Crackerº on 11/14/2012 12:24 PM
"Life is tough, it's tougher if you are stupid." - John Wayne

I can write AND read cursive.
financial parasite
User ID: 1344279
Australia
11/14/2012 12:30 PM
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Re: Anyone know how to use offshore bank accounts
you get a postbox somewhere like BVI, costed around USD $50,000 per year last time i looked

open a shell company, moran muppet holdings limited

write your own tickets......

you can do it yourself if you're good enough or pay a parasite to do it for you

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