Can a regular person open a bank account in the Cayman Islands?and how easy is it to get money in and out? Would it be free from income taxes? What are the advantages? I have about $40,000 I could deposit. What rate of return could I expect to get? If anybody has any experience there, please let me know. |
http://www.gocayman.ky/component/option,...
That is one of the links that I found on the internet regarding a directory of banks in the Cayman islands, Some of the banks have additional information that you can look at, The other site that you can see is here
http://www.gocayman.ky/content/view/36/9...
I have never had a large amount of money to deposit anywhere so good luck and all..
You know some of these banks might have online banking to make things easier for you.
I know someone who used to bank in the Caymans and before 9/11 you got away with hiding the money. I guess now they are able to check on it...don't know for sure the reason but I do know this person no longer puts money in Cayman accounts.
A ' regular person ' as well as an ' irregular person ' can open a Bank Account in Cayman Islands.
Why would you trust an offshore account? Not like you can ever check on it.
