[vc_row][vc_column][vc_column_text]In recent years the Caribbean has become a haven for foreign investors and corporations to open an offshore bank in many jurisdictions you can find here. In most cases, you can even get a tax incentive if
[vc_row][vc_column][vc_column_text]Europe has quickly become one of the safest places in the world for offshore banking. Its secure financial laws and varied landscape of distinct jurisdictions make it a prime location for foreign investors looking to obtain a
[vc_row][vc_column][vc_column_text]Dominica is one of the least well-known jurisdictions located in the Caribbean. Its prime location within the central islands makes the country a great spot for foreign investors who wish to start an offshore bank from an
In this post, I’ll look at the 10 steps necessary to start a bank in Puerto Rico. Banking licenses in Puerto Rico are by far the hottest offshore banking license for 2020 and are dominating the market.
[vc_row][vc_column][vc_column_text]In 2018, the United States issued regulations for a Federal Fintech Bank License. The purpose of this license is to give non-bank financial firms and payment companies a path to a Federal Bank license. This special-purpose banking
[vc_row][vc_column][vc_column_text]Once an international bank license is approved, one of the first tasks is to apply for a SWIFT code. In this article, I will define the Swift code for an international bank, review the requirements, and I’ll
[vc_row][vc_column][vc_column_text]In this article, I’ll consider the operating costs for an offshore bank set up in Puerto Rico. These sample operating costs are taken from our previous projects and other International Financial Entities currently running in Puerto Rico.
[vc_row][vc_column][vc_column_text]In this article, I’ll review the capital requirements for an international bank in Puerto Rico. Sometimes referred to as offshore bank licenses or an International Financial Entity, these banking structures have unique capital requirements for their domestic
[vc_row][vc_column][vc_column_text]In this article, I’ll consider using a Swiss trust as a bank holding company. The Swiss trust company is the most popular holding entity for offshore banks, all be it a very expensive structure. If you want
[vc_row][vc_column][vc_column_text]Below is a list of services an International Financial Entity may provide from Puerto Rico to persons and companies outside of Puerto Rico. This is a complete list of possible services taken from Section 12 of Act
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