The Truth About Offshore Banking You Did Not Know

The concept of offshore banking is still sketchy in the minds of most people. In fact, there are too many myths associated with overseas banking today...so much that it has emerged as a toxic term today. It has come into the spotlight; thanks to the media that often malign the functioning of offshore banking every time a tax-evasion case pops up. Most often, it has been termed illegal without precisely knowing what it is all about.

In this article, Wolfgang Zulauf – a banking expert – will bust the common myths of offshore banking and expose the truth that mostly remains hidden. So let’s get started.