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Why Offshore
Why Choose Offshore Banking?
- Banking with MBT offers you a number of unique advantages that
you can’t access through financial institutions in the U.S., Canada, or Europe.
- Privacy: Your Money is Your Business
Monaco Bank and Trust is a no-tax regime, which offers privacy and confidentiality to all clients. The lack of Government intervention provides greater confidentiality, more opportunity, and flexible options for our clients. There are no exchange controls, which means that you can withdraw or invest money at any time. Your banking information belongs to ONLY you.
Stability: Your Investment is Safe Monaco Bank and Trust
- The Dominican Republic is politically stable, and the currency is presently tied to the US dollar at a fixed rate of 2:1. Therefore, you can have confidence that your money is secure and that devaluation is unlikely. Moreover, asset protection means that assets held under specific structures (e.g. IBCs and trusts) are protected from lawsuits, judgments, and divorce settlements.
- Reserve requirements in the Dominican Republic are three times the reserve requirements of the United States, and Monaco Bank and Trust has liquidity of approximately twice the legal minimum. This gives you confidence and security, knowing that Monaco is stable and is built on a solid financial foundation.
Important Facts
- Offshore banking is a strategy that can legitimately improve investment efficiency and overall financial position. The benefits gained from
international banking strategies are usually focused on taxation, and this is certainly a major attraction.
- Offshore accounts can also provide operational efficiencies, increase
security of assets and provide access to international business opportunities.
- An offshore account is not that much different from a domestic account. As more and more people, and companies, participate in international business, banking in foreign markets will also continue to expand.