Steve Fox looks at the elegant range of investment instruments constituted by offshore banks' multicurrency accounts
In our increasingly globalised economy, travel, employment and business commitments can often evolve into assignments or contracts around the world, potentially leading to foreign investment opportunities, overseas property purchase, overseas educational or other family needs. Fortunately, the increased accessibility of international financial markets now means that individuals can regularly transact in currencies other than their domestic currency. Offshore banks in jurisdictions such as the Isle of Man and Jersey can deliver a full range of multicurrency banking facilities. In fact, the...
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