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 and the shareholders are motivated to sell. It
[vc_row][vc_column][vc_column_text]In this post, I’ll consider the best offshore banking license for 2020. If you’re planning to start an offshore bank that will focus on crypto, wealth management, or operate as a transactional bank, this is the place
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 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]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
[vc_row][vc_column][vc_column_text]In this article, I’ll review the due diligence requirements for an international bank in Puerto Rico. While this post looks at Puerto Rico in detail, the majority of these requirements also apply to all quality offshore jurisdictions.
[vc_row][vc_column][vc_column_text]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 to have ready for the permit to
[vc_row][vc_column][vc_column_text]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 territory of the United States makes it an ideal
[vc_row][vc_column][vc_column_text]With an Act 273 bank license in Puerto Rico, there is a number of commercial and banking activities that your international financial entity can perform, such as: - Accept Deposits - Place deposits with banks outside of
- 1
- 2