Offshore Bank Accounts
In the current economic climate, many persons are turning to offshore banking as an alternative method of saving and investing their hard earned money.
Why setup an offshore bank account?
The main reason people setup offshore bank accounts is to save on taxes. Another reason is to keep money away from creditors reach.
While it is not illegal in most countries to open an offshore bank account, if you are doing so for illegal reasons then be prepared not to be protected from the long arm of the law.
Terms of Service – Career Jamaica.com
Welcome to Career Jamaica
1. Your relationship with Career Jamaica.com
1.1. Your use of Career Jamaica.com’s products, services and web sites (referred to collectively as the “Services” in this document and excluding any services provided to you by Career Jamaica.com under a separate written agreement) is subject to the terms of a legal agreement between you and CareerJamaica.com. “Career Jamaica” also means Career Jamaica.com. This document explains how the agreement is made up, and sets out some of the terms of that agreement.
1.2. Unless otherwise agreed in writing with Career Jamaica.com, your agreement with Career Jamaica.com will always include, at a minimum, the terms and conditions set out in this document. These are referred to below as the “Universal Terms”.
1.3. Your agreement with Career Jamaica.com will also include the terms of any Legal Notices applicable to the Services, in addition to the Universal Terms. All of these are referred to below as the “Additional Terms”. Where Additional Terms apply to a Service, these will be accessible for you to read either within, or through your use of, that Service.
1.4. The Universal Terms, together with the Additional Terms, form a legally binding agreement between you and Career Jamaica.com in relation to your use of the Services. It is important that you take the time to read them carefully. Collectively, this legal agreement is referred to below as the “Terms”.
1.5. If there is any contradiction between what the Additional Terms say and what the Universal Terms say, then the Additional Terms shall take precedence in relation to that Service.
2. Accepting the Terms
2.1. By using the Products and Services, you are agreeing, without limitation or qualification, to be bound by, and to comply with, these Terms of Service and any other supplemental terms and conditions, posted guidelines or rules applicable to Career Jamaica.com, Product or Service. All such guidelines and rules are hereby incorporated by reference into the Terms of Service.
3. Use of the Services by You
3.1. In order to access certain Services, you may be required to provide information about yourself (such as identification or contact details) as part of the registration process for the Service, or as part of your continued use of the Services. You agree that any registration information you give to Career Jamaica.com will always be accurate, correct and up to date.
3.2. You agree to use the Services only for purposes that are permitted by (a) the Terms and (b) any applicable law, regulation or generally accepted practices or guidelines in the relevant jurisdictions (including any laws regarding the export of data or software to and from the United States or other relevant countries).
3.3. You agree not to access (or attempt to access) any of the Services by any means other than through the interface that is provided by Career Jamaica.com, unless you have been specifically allowed to do so in a separate agreement with Career Jamaica.com. You specifically agree not to access (or attempt to access) any of the Services through any automated means (including use of scripts or web crawlers) and shall ensure that you comply with the instructions set out in any robots.txt file present on the Services.
3.4. You agree that you will not engage in any activity that interferes with or disrupts the Services (or the servers and networks which are connected to the Services).
3.5. Unless you have been specifically permitted to do so in a separate agreement with Career Jamaica.com, you agree that you will not reproduce, duplicate, copy, sell, trade or resell the Services for any purpose.
3.6. You agree that you are solely responsible for (and that Career Jamaica.com has no responsibility to you or to any third party for) any breach of your obligations under the Terms and for the consequences (including any loss or damage which Career Jamaica.com may suffer) of any such breach.
4. Your passwords and account security
4.1. You agree and understand that you are responsible for maintaining the confidentiality of passwords associated with any account you use to access the Services.
4.2. Accordingly, you agree that you will be solely responsible to Career Jamaica.com for all activities that occur under your account.
5. Content in the Services
5.1. You understand that all information (such as data files, written text, computer software, music, audio files or other sounds, photographs, videos or other images) which you may have access to as part of, or through your use of, the Services are the sole responsibility of the person from which such content originated. All such information is referred to below as the “Content”.
5.2. You should be aware that Content presented to you as part of the Services, including but not limited to advertisements in the Services and sponsored Content within the Services may be protected by intellectual property rights which are owned by the sponsors or advertisers who provide that Content to Career Jamaica.com (or by other persons or companies on their behalf). You may not modify, rent, lease, loan, sell, distribute or create derivative works based on this Content (either in whole or in part) unless you have been specifically told that you may do so by Career Jamaica.com or by the owners of that Content, in a separate agreement.
5.3. Career Jamaica.com reserves the right (but shall have no obligation) to pre-screen, review, flag, filter, modify, refuse or remove any or all Content from any Service.
5.4. You understand that by using the Services you may be exposed to Content that you may find offensive, indecent or objectionable and that, in this respect, you use the Services at your own risk.
5.5. You agree that you are solely responsible for (and that Career Jamaica.com has no responsibility to you or to any third party for) any Content that you create, transmit or display while using the Services and for the consequences of your actions (including any loss or damage which Career Jamaica.com may suffer) by doing so.
6. Proprietary rights
6.1. You acknowledge and agree that Career Jamaica.com owns all legal right, title and interest in and to the Services, including any intellectual property rights which subsist in the Services (whether those rights happen to be registered or not, and wherever in the world those rights may exist). You further acknowledge that the Services may contain information which is designated confidential by Career Jamaica.com and that you shall not disclose such information without Career Jamaica.com prior written consent.
6.2. Unless you have agreed otherwise in writing with Career Jamaica.com, nothing in the Terms gives you a right to use any of Career Jamaica.com’s trade names, trademarks, service marks, logos, domain names, and other distinctive brand features.
6.3. If you have been given an explicit right to use any of these brand features in a separate written agreement with Career Jamaica.com, then you agree that your use of such features shall be in compliance with that agreement and any applicable provisions of the Terms.
7. Licenses from Career Jamaica.com
7.1. Career Jamaica.com gives you a personal, worldwide, royalty-free, non-assignable and non-exclusive license to use the services provided to you by Career Jamaica.com as part of the Services as provided to you by Career Jamaica.com. This license is for the sole purpose of enabling you to use and enjoy the benefit of the Services as provided by Career Jamaica.com, in the manner permitted by the Terms.
7.2. You may not (and you may not permit anyone else to) copy, modify, create a derivative work of, reverse engineer, decompile or otherwise attempt to extract the source code of the services or any part thereof, unless this is expressly permitted or required by law, or unless you have been specifically told that you may do so by Career Jamaica.com, in writing.
8. EXCLUSION OF WARRANTIES
8.1. YOU EXPRESSLY UNDERSTAND AND AGREE THAT YOUR USE OF THE SERVICES IS AT YOUR SOLE RISK AND THAT THE SERVICES ARE PROVIDED "AS IS" AND “AS AVAILABLE.”
8.2. IN PARTICULAR, Career Jamaica.com, ITS SUBSIDIARIES AND AFFILIATES, AND ITS LICENSORS DO NOT REPRESENT OR WARRANT TO YOU THAT:
8.2.1. YOUR USE OF THE SERVICES WILL MEET YOUR REQUIREMENTS,
8.2.2. YOUR USE OF THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE OR FREE FROM ERROR,
8.2.3. ANY INFORMATION OBTAINED BY YOU AS A RESULT OF YOUR USE OF THE SERVICES WILL BE ACCURATE OR RELIABLE, AND
8.2.4. THAT DEFECTS IN THE OPERATION OR FUNCTIONALITY OF ANY SOFTWARE PROVIDED TO YOU AS PART OF THE SERVICES WILL BE CORRECTED.
9. Refund of Payment
9.1. At the time this document was written and until otherwise stated, Career Jamaica.com grants full a full refund of the purchase price within 15 days of the purchase date.
9.2. You agree that by purchasing any products from Career Jamaica.com, Career Jamaica.com is not required to refund your money if there is proof that copyright infringement has occurred or duplication of any products has occurred before requesting a refund.
One major advantage of banking in the US is the fact that the government insures the money. This generally is not the case with an offshore bank account though. So, in the event of a catastrophe you may wiped out financially in one fell swoop!
The most famous of countries to have an offshore bank account in is: Switzerland.
Offshore Bank Account Features
- True offshore banking
- No bank references for the account signatory
- No reporting requirements
- No taxation
- 24-hour online internet banking from any PC
- Multi-currency accounts
- Low monthly account management charges
- International ATM debit and credit card facilities
- ATM anonymous cash card (aka debit card)
- Gold and business credit cards
Offshore Banking: What You Need to Know Before Opening an Account
Offshore banking, we have all heard about it before. Unfortunately, many are misinformed when it comes to offshore banking. We have all heard news reports of offshore accounts being used to front illegal activities or to avoid taxes. In fact, we have also seen it in the movies, being used a similar way. This has led many individuals to believe that offshore banking is illegal. Despite what you may believe, offshore banking is legal. However, how you use it may be considered illegal.
Offshore banking is done through a bank that is known as an offshore bank. Offshore banks are banks that are located in another country, other than the country that you reside in. For instance, if you live in the Untied States an offshore bank would not be located in the United States. Many popular offshore banks are located in Switzerland. There are a number of advantages to offshore banking, but there are disadvantages as well.
The biggest advantage of offshore banking is that you are offered privacy and stability. There are many individuals who place their money in offshore accounts for security purposes. When your money is in an offshore account, you can access it, but many choose not to. It is easier to access and spend your money if it is at a local bank. That is why a large number of individuals use offshore banking to help them increase their savings.
Another advantage of offshore banking is that just about anyone can open an account. The most common users of offshore banking are corporations, the self-employed, or individuals who wealthy. Offshore banks may have restrictions on the amount of money that is needed to open an account, but it is not always a large amount. Whether you are a small business owner, wealthy, or you consider yourself middle class, you should still be able to open up an offshore bank account.
The Importance of E-mail Addresses
Using the wrong email address when applying for a job could hurt your chances Using your work email to apply for jobs is not a good idea. Not only is it a misuse of company resources, it's a good way to get caught looking for a job by your current employer. People get fired for less. Plus, prospective employers will not look favorably on this. Also, you're obviously planning on leaving your job. If you leave your job, you will not have access to your email account. What if an even better job offer comes through and they can't contact you?
Using the wrong email address when applying for a job could hurt your chances
Using your work email to apply for jobs is not a good idea. Not only is it a misuse of company resources, it's a good way to get caught looking for a job by your current employer. People get fired for less. Plus, prospective employers will not look favorably on this.
Also, you're obviously planning on leaving your job. If you leave your job, you will not have access to your email account. What if an even better job offer comes through and they can't contact you?
You also should not use the email account your Internet Service Provider gave you. This makes you too dependent on your ISP. If you decide to change ISP's, you lose all your contacts you've been developing unless you contact them with the new address. This is impossible for most people, let alone job seekers.
Which email address should you use
Get an account from an email provider. Some are paid and some are free. The ultimate is to have an email account at a domain you own. This gives you complete control over your domain name, looks more impressive and gives you a permanent email address. This may not be in your budget. So, we've created email accounts that allow you to solve these problems and have an email address that professionally represents who you are.
Choosing a username
Send yourself an email
A good practice is to put yourself in the recruiter's shoes. So once you choose your username, send an email to yourself at another account. Observe how it appears in your inbox. Check your email signature, your name in the FROM line, etc. Make sure that all elements look professional.
Designate an email account just for your job search
Get an email account specifically for applying for a job. It's not advisable to have your real name as a username for general web purposes. But in applying for a job, you'll be giving your full name anyway. So having this email address specifically for the purpose of applying for jobs is a good idea. Another good reason to do this is that you will not have used this new address out on the web in message boards, guest books, your personal web site or the web site of your 'side business'. All of these actions can be indexed in search engines and viewed by your prospective employers. Keeping your job search address separate is also a good practice to help you stay organized and not confuse private email with job search email. You're also likely to have less spam in your job search email. So, your risk of confusing an employer's email with spam is much less.
As previously mentioned, offshore banking is often associated with illegal activities. One of these illegal activities is tax evasion. If you set up an offshore bank account, you will still need to report your savings. Not reporting all of your money in an offshore account can lead to you be brought up on tax evasion charges. It is important to note that you have the ability to prevent this from happening. As long as you choose to use your offshore bank account legally, there shouldn’t be any disadvantages to having one.
The decision to open up an offshore bank account is a large one. If you are interested in opening up an offshore bank account, it is advised that you fully examine your decision. Many benefit from offshore banking, but not all do. If you are planning on using your offshore account to avoid a lawsuit or to evade taxes, you may want to reexamine your decision. As previously mentioned, there are serious consequences for doing this. As long as you plan on using your offshore account in a legal way, you can benefit immensely from offshore banking.
Joe Kenny writes for FinanceFool.co.uk, which offers bank account information.