Offshore banking is a strategy that can legitimately improve investment efficiency and overall financial position. The benefits gained from international banking strategies are usually focused on taxation, and this is certainly a major attraction.
Offshore accounts can also provide operational efficiencies, increase security of assets and provide access to international business opportunities.
An offshore account is not that much different from a domestic account. As more and more people, and companies, participate in international business, banking in foreign markets will also continue to expand.