
Exploring options for Opening a Foreign Onshore / Offshore Bank Account for Yourself or your Company?
As a general rule the bank asks for a certified copy of the shareholder’s and director’s passport (beneficial owner), as well as recent proof of residence which, must be less than three months old. However, the full scope of documents depends on the bank, and on the particulars of each case. If the client goes to the bank in person to open the account, a certified copy of the passport is not required. For example, in Mauritius, banks also require a letter of reference from a bank and a CV. In Panama, banks do not open accounts by correspondence.
We will send you the additional documents necessary for opening the account by email, as an attachment, for you to sign and return to us preferably by special courier ( DHL, FedEx or Chronopost), along with the other documents mentioned above.
Disclaimer:

Antigua and Barbuda is an independent Commonwealth country comprising its 2 namesake islands and several smaller ones. Positioned where the Atlantic and Caribbean meet, it’s known for reef-lined beaches, rainforests and resorts. Its English Harbour is a yachting hub and the site of historic Nelson’s Dockyard. In the capital, St. John’s, the national museum displays indigenous and colonial artefacts.

The Bahamas, an archipelago of 700 islands and 2,400 cays in the Atlantic Ocean, is a tropical paradise renowned for its crystal-clear turquoise waters, white sandy beaches, and vibrant coral reefs. A popular tourist destination, the country offers a blend of luxurious resorts and pristine natural beauty. Bahamian culture, with its colorful traditions, music, and cuisine, is as inviting as its warm climate. With a strong tourism and offshore banking sector, the Bahamas boasts a robust economy and a relaxed lifestyle, making it a haven for travelers and investors alike.

Nestled in the Irish Sea, the Isle of Man is a picturesque, self-governing crown dependency known for its serene landscapes and thriving financial sector. This island jewel combines natural beauty with modern amenities, making it an attractive destination for residents and businesses alike. With a rich history dating back centuries, the Isle of Man offers a unique blend of tradition and innovation. Its robust economy, diverse culture, and commitment to financial stability have established it as a reputable global business hub, attracting both tourists and investors seeking a harmonious balance between nature and progress.

Belize is a nation-state on the eastern coast of Central America. It is the only country in Central America whose official language is English. Belize has a diverse society, composed of many cultures and languages that reflect its rich history. Belize has a privatised enterprise economy that is based primarily on petroleum and crude oil, banking, agriculture, and merchandising.

Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. The Cypriot economy is very diversified. Its per capita GDP is at $28,381, which is above the European Union average.

Dubai enjoys a central location between Europe, Africa and Asia, making it as a prime business destination for a variety of sectors. It is one of the safest cities in the world. Dubai is well serviced by international and local financial institutions and is a leading commercial center with a state-of-the-art infrastructure and outstanding business environment.

The Hong Kong Special Administrative Region of the People’s Republic of China, is a territory on the southern coast of China at the South China Sea. It is is an autonomous region with its own government. It is one of the leading economic and financial centers of the world and one of the primary banking centers of Asia. The population is 7,200,000, making it one of the world’s most densely populated areas.

The Republic of Mauritius is an island nation in the Indian Ocean about 2,000 km off the southeast coast of the African continent. Since independence in 1968, Mauritius has developed from a lowincome, agriculture-based economy to a middle-income diversified economy. The economy is based on tourism, textiles, sugar, and financial services.

The Republic of Panama is the southernmost country of Central America. Revenue from canal tolls continue to represent a significant portion of Panama’s GDP, although commerce, banking, and tourism are major and growing sectors. Panama has the second largest economy in Central America and is also the fastest growing economy and largest per capita consumer in Central America.

Geography: Puerto Rico is located in the eastern Caribbean and is the smallest of the Greater Antilles. It is an island of almost rectangular shape, with an area measuring about 3,435 square miles (about 9,000 square kilometers)
Size: 100 x 35 miles (160 by 56 kilometers)
Time zone: “Atlantic Standard Time” However, during most of the year due to the “Daylight Savings Time”, from March to November, it has the same time as the East Coast of the USA.

Nevis, along with the island of Saint Kitts, forms the sovereign nation of Saint Kitts and Nevis, a British Commonwealth state and smallest country in the Western Hemisphere. Among the first islands in the Caribbean to be settled by Europeans, Saint Kitts and Nevis was formerly home to the first British and French colonies in the region, thus garnering Saint Kitts the title of “The Mother Colony of the West Indies”. Today, the country’s political structure is based on the British Parliamentary system, however, Nevis has its own unicameral legislature, is permitted to create laws via the Nevis Island Legislature, and maintains a separate budget.

Geography: located at the southern tip of the Malay Peninsula and made up of 64 islands. It lies 137 kilometers (85 mi) north of the Equator, south of the Malaysian state of Johor and north of Indonesia’s Riau Islands. With 704.0 km² (272 sq mi), it is one of the few remaining city-states in the world and the smallest country in Southeast Asia. Despite its small size, Singapore has a population of slightly over 5.6 million people, of which over half were born locally. Size: 100 x 35 miles (160 by 56 kilometers)

The Old Swiss Confederacy was an alliance among the valley communities of the central Alps. It was the foundation of the world’s most direct democracy and one of the most developed, modern countries.
We can assist individuals and businesses with opening an international bank account from anywhere in the world. We have partnered with over 40 of the world’s leading banks in 18 key jurisdictions.
An international bank account can provide several benefits, including remote access, taking advantage of higher interest rates (on deposits in foreign bank accounts), and simplifying international transactions.
We also offer other services, such as providing you assistance to register your company in selected jurisdiction or to begin the offshore company formation process. Another popular service is our corporate redomiciliation service, which allows you to move your existing company to an offshore or onshore jurisdiction more suited to your business.
© 2024 All Rights Reserved GCM Corporate Services | |