#12 offshore accounts are about hiding money, right? so wrong. here's why.
Caroline Dredge & I met late last year 2013. She has lived in Abu Dhabi for over five years providing information and financial advice. Having worked in UK Financial Services since 1996, she qualified as a Regulated Financial Adviser in February 2000, specializing in personal financial planning advice
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Offshore Accounts are a useful and effective way to consolidate your funds into one location while you are an expatriate going from city to city. They do get a bad rap though and so Caroline helps in this episode understand what they are about and how we can take advantage of them for security our own financial concerns.
Inside This Episode
a) What is an offshore account?
b) What do we mean by 'Hiding Money'?
c) Why should we have an offshore account?
d) Is there a stigma for offshore accounts and does that stigma still exist today?
e) How do we choose an offshore account provider?
f) Do local banks provide any offshore accounts
g) If we lived in our home countries could we have offshore accounts?
h) Can these accounts become obsolete?
i) How we can open an offshore account today.
- For more information on Caroline Dredge then please visit her website - www.expatfinanceuae.com
- She's also on Facebook
- To get in touch with Caroline with a question then please do so via our link.
- Her email address is firstname.lastname@example.org
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