Do you recommend Mauritius for opening an offshore bank account? If so, which bank do you recommend?
Offshore bank account in Mauritius
- Thread starter zeeoffshore
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I would add in general and in Mauritius in particular, you should look for a banks that also retail customers use - I.E. banks that the LOCALS use. MCB and AfrAsia are banks that locals use. I think Bank ONE is also one of these.
These banks tend to be of lower risk because they have low risk customers (and not only shady offshore corps) and if there are problems the government will bail them out.
Banks that are strictly offshore and no local ever uses (like I *THINK* ABC for example but not fully sure) are higher risk because if it fails the govt︀ won't give a f**k about it and will just let it fail in many cases.︁ Same goes for Belize or many other jurisdictions.
How to tell if a bank is︂ used by locals? Just look if the banks has ATMS on the Island 😉 The more︃ ATMs the more popular the bank is
These banks tend to be of lower risk because they have low risk customers (and not only shady offshore corps) and if there are problems the government will bail them out.
Banks that are strictly offshore and no local ever uses (like I *THINK* ABC for example but not fully sure) are higher risk because if it fails the govt︀ won't give a f**k about it and will just let it fail in many cases.︁ Same goes for Belize or many other jurisdictions.
How to tell if a bank is︂ used by locals? Just look if the banks has ATMS on the Island 😉 The more︃ ATMs the more popular the bank is
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