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There are two methods to opening an offshore account. One way is to actually travel to the offshore banking tax haven country and physically walk into the bank. Unlike North America, many offshore banks require an introduction. Your paperwork will likely be accepted, but for some unknown reason your application will not be approved. The proper way to open an offshore bank account is through an experienced law firm offering offshore legal services. The cost will be roughly equivalent to the cost of a flight and hotel. Don't be suckered into a high price law firm who will charge $50k for what should cost less than 2k. If you are not require to send your passport be weary. In todays post 9/11 world you will be required to provide documentation, even though the company and bank account are not in your name. The law firm must know who you are.
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For more information on offshore legal services or how to open an offshore bank account visit offshorelegal.org
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