UAE Offshore Banking

Banking in the UAE

What is Offshore Banking?

The broad definition of an Offshore bank is that of a bank that is located in a jurisdiction or country that is different from the jurisdiction or country that the depositor or investor resides in. One of the many benefits of holding an Offshore banking account is that they are usually located in tax havens that provide substantial asset protection and confidentiality benefits to the account holder. These jurisdictions also often allow for a relaxation of restrictions with respect to the types of accounts available to depositors or investors, and how then can manipulated. This amounts to decreased regulation. The more popular offshore jurisdictions often provide a substantial decrease in tax liability. While technically any bank outside of a depositor’s home country can be called an “offshore bank,” for our purposes here we will focus only on those proven to provide quantifiable benefits as outlined above. These Offshore banks can be located in actual island-states such as the Caymans or Channel Islands, or in landlocked countries such as UAE--being surrounded by water is no longer a determining factor.

UAE Offshore Banking

United Arab Emirates (UAE) provides offshore financial services for people living and working abroad and people seeking a safe-haven to grow their wealth. In the UAE there is no tax on capital gains, investment income, interest income or inheritance. In the UAE you can avail of Savings and Investment products in major currencies including Shariah compliant (Islamic) products and services. In the UAE, language capabilities include: Arabic, Hindi, Urdu & English.

Why UAE Offshore Banking?

  • UAE has all international bank in the region ( HSBC ,Standard Chartered Bank ,Barclays)

  • Avail exclusive world-wide Premier banking service ( HSBC ,Standard Chartered Bank ,Barclays)

  • Dedicated International Banking Team in all banks

  • Savings and Fixed Deposits in AED, USD, EUR and GBP

  • A range of Investment products - in major currencies

  • A range of Shariah compliant savings and investment products  in major currencies

  • Financial planning advise to help grow your wealth

  • Range of Insurance products to meet your international needs

  • 24/7 access to money through internet and telephone banking

  • Multilingual staff (Arabic, Hindi, Urdu and English)