There is one international bank (IFE license) in Puerto Rico available for $4 million. It has SWIFT and Fedlink, as well as two correspondent partners. It is fully operational a...
A very rare opportunity is available in the US territory of Puerto Rico. A fully operational international bank, with FedWire, is up for sale. The cost is approximately $25 mill...
A de novo bank any type of bank that is newly chartered that has not been acquired through the purchase of a bank license from a previously licensed bank. That is, a de novo ban...
10 steps to start a bank in Puerto Rico. Banking licenses in Puerto Rico are the hottest offshore banking license for 2020 and are dominating the market. If you’re looking to fo...
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 Intern...
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 Ent...
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 s...
While this post looks at Puerto Rico in detail, the majority of these requirements also apply to all quality offshore jurisdictions. When negotiating an offshore banking license...
I’ve covered how to license your financial entity in Puerto Rico in great detail in previous posts. In this article, I will consider capitalization. How much money do you need t...
Puerto Rico has become one of the most popular options for foreign investors wishing to open a financial entity outside of their jurisdiction. Puerto Rico’s position as a territ...