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-   -   Offshore account (https://britishexpats.com/forum/middle-east-60/offshore-account-762545/)

guuuude Jun 22nd 2012 3:46 pm

Offshore account
 
Does somebody have an advice for an SAVE Offshore account?

I have no experience in this so please an advice for a complete nerd in this field ;-)

guuuude Jun 22nd 2012 3:47 pm

Re: Offshore account
 
ah may it matters, german citizien live in Doha and have accounts here and in Australia.

mentalist Jun 22nd 2012 6:29 pm

Re: Offshore account
 
It may help if we knew what " an Save Offshore account" is, mein freund.

guuuude Jun 22nd 2012 6:37 pm

Re: Offshore account
 
haha stupid me!

i mean safe in terms of safety.

im already excited about the game today, does it count as excuse?

The point is i have seriously no idea about offshore accounts. As the banks nowadays are not all safe (and cant send it to germany ;-)) i need a place where the money can be placed.

Also dont want keep it here in middle east, the idea is keep an small ammount on the account here for daily purposes and the rest on a monthly basis to an offshore account.

Dunno what is a good place.

I hope its now a bit more understandable?

Norm_uk Jun 23rd 2012 2:34 pm

Re: Offshore account
 

Originally Posted by guuuude (Post 10133546)
haha stupid me!

i mean safe in terms of safety.

im already excited about the game today, does it count as excuse?

The point is i have seriously no idea about offshore accounts. As the banks nowadays are not all safe (and cant send it to germany ;-)) i need a place where the money can be placed.

Also dont want keep it here in middle east, the idea is keep an small ammount on the account here for daily purposes and the rest on a monthly basis to an offshore account.

Dunno what is a good place.

I hope its now a bit more understandable?

There are various offshore bank accounts available to expatriates in the region. The main questions you need to ask yourself is what you will use the account for (eg; just storing cash away from the GCC and their sharia law/bank freezing antics), as a debit account for day to day transactions, a place to make interest or combinations of all three.

Feel free to drop me a PM and I'll give more info and a link to my blog which covered offshore accounts. Most are safe but you don't want to be putting all your cash in any single place.

Enjoy the game ;)

N.


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