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    One of the biggest decisions you may ever make is selecting a bank, so knowing all the facts is very important. Many people are choosing to open offshore accounts. Why does offshore banking seem to be so great? The 3Ps, or privacy, protection and profit are the three major reasons to consider investing offshore. We will look at them in this article.

    Starting with profit, we will take each reason separately. Because of high taxation, Australia will be used as an example to illustrate the point. Australian workers pay taxes on their wages and pay a goods and services tax of 10% on things they buy. What money remains is deposited into a bank account and is char

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    g to open offshore accounts. Why does offshore banking seem to be so great? The 3Ps, or privacy, protection and profit are the three major reasons to consider investing offshore. We will look at them in this article.

    Starting with profit, we will take each reason separately. Because of high taxation, Australia will be used as an example to illustrate the point. Australian workers pay taxes on their wages and pay a goods and services tax of 10% on things they buy. What money remains is deposited into a bank account and is cha

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    ajor reasons to consider investing offshore. We will look at them in this article.

    Starting with profit, we will take each reason separately. Because of high taxation, Australia will be used as an example to illustrate the point. Australian workers pay taxes on their wages and pay a goods and services tax of 10% on things they buy. What money remains is deposited into a bank account and is cha

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    n separately. Because of high taxation, Australia will be used as an example to illustrate the point. Australian workers pay taxes on their wages and pay a goods and services tax of 10% on things they buy. What money remains is deposited into a bank account and is cha
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    their wages and pay a goods and services tax of 10% on things they buy. What money remains is deposited into a bank account and is charged bank account debt taxes and financial institution duty. The small amount of interest that might be earned also gets taxed. You are not alone if you think this is excessive. The banking taxes can be eliminated by opening and offshore bank account.

    It isn`t, and probably never will be, illegal to have an offshore bank account. It is legal to move your money anywhere in the world you want and how you want. There are also no restrictions at all on the amount you choose to move. Using the Australian example again, though there

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