For businesses and individuals, this handbook reveals why you don't have to be among the mega-rich to take advantage of offshore banking. Surveying over 25 locations from the Bahamas to Bahrain, to... This description may be from another edition of this product.
Unlike most other books on the subject of offshore, this book gives a good overview of offshore investing. I have given it four stars for its simple layout, its beneficial jurisdictional reviews, Chapter 9 and its overwhelming achievement of what the book is intended to do--namely to inform the reader of the many possibilities available to them.A 5-star rating would have been granted if the authors had elaborated on what was meant by "carefully structured" arrangements for offshore investors. They also tended to gloss over some of the aspects of the offshore industry. However, the book doesn't promise to be a step-by-step guide on all the "how-to's" of offshore investing either. Instead, the authors provide good and reliable information to give the reader a basic understanding so that they can seek further professional advice as required on an individualized basis.One of the two sections of the book that I found most valuable was Chapter 9 ("How Individuals Can Take Advantage Of Offshore Financial Centers"), which, despite its shortness, gives excellent information on how several different professionals can take advantage of offshore structures.Also, the entire second half of the book justifies 4-stars as opposed to 3-stars. In this section, the authors give excellent, concise information on different offshore jurisdictions throughout the world. They have a helpful rating system that ranks the jurisdictions in four categories: Banking, Trusts, Companies and an Overall Rating. Despite the fact that the authors do not justify their criteria of how they arrived at this rating (something that could have earned them 5-stars), it is still extremely helpful for the beginner seeking reliable information at an affordable price.
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