In a different light

Once the preserve of the rich and famous (and occasionally those with something to hide) offshore banks are now as much for the use of the mainstream saver as domestic high-street banks. For the uninitiated, offshore banks still hold an air of mystery. But for the thousands of people moving abroad from their country of origin to work or just to live, setting up an offshore bank account is a sensible and logical move to make. Retirees who 20 years ago might have raised an eyebrow at offshore accounts are using them because they suit their purposes better than having an account back in the...