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Started By
Message
re: Cayman Island Bank Account
Posted on 4/10/14 at 10:32 am to Hoyt
Posted on 4/10/14 at 10:32 am to Hoyt
quote:
Do any of y'all have one? Who should I use? How easy are they to set up?
IF, I I say IF with all the suspicion in the world, you happen to have a need for this, you should speak with an attorney specializing with this and who has knowledge of what information would be shared with what countries....If it happens to be a country that will open their books to the IRS, then what would be the need to go to outside banks...unless of course they don't share the info under any circumstances with the US.
Personally, if it is a "safe" country, I see no issues with having money outside of the US banking system...It's a smart move if protecting money against a US economy collapse is your long term goal.
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