Offshore savings accounts

An offshore savings account gives you the freedom to deposit money in any currency and is particularly useful for people who work abroad. Offshore savings accounts provide the saver with a greater variety of accounts to choose from and the flexibility that comes with depositing money abroad.

Offshore savings accounts used to be confined to the wealthy but are now commonplace amongst everyday savers, not only those living and working abroad but also people in the UK who want to take advantage of more lenient tax regimes that operate in other countries.  

 

 

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Offshore savings accounts are savings accounts where money or assets are placed in a country other than the one in which you live.

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