Offshore savings are you familiar with this?

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cangarooo

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Hi all.


More and more lots of my customers are looking to have better interest rates from their investments.


Most of then are investing amounts between 50K and 200K.


So far they? been using local EU banks with an average return between 3% and 6%.


As the Euro is not in a good shape during this long period, they are now looking to invest their money into offshore saving to have a similar return (around 5%).


I never offered these services so I did a quick search online and I found that some UK banks are allowing this type of investments (Mainly Barclay and Lloyds).


The capital guaranteed in case of bankrupt is up to 50?. Whatever is above will not be guaranteed. Usually the investment is to be done in the channel islands (Jersey, Gunsrey, Man) or Gibraltar.


Are you aware of any similar solution to be located far from EU but with same or higher interests and guarantees?


Thanks a lot.


cangaroo

Last edited by a moderator: Feb 4, 2015
 
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