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I am interested in investing in St Vincent and the Grenadines, but am a South African resident. I am interested in high risk volatile equity investments. Would I be able to open an offshore account and how feasible would it be to do this? I came across a website that looks very lucrative but also warns that I can lose everything easily?
Dear Manda,
Thank you for getting in touch with our company. Regarding the investments in high risk volatile equity we would recommend you to contact a consulting company that specializes in offshore investments.
On our behalf we can provide you with bank account opening in St. Vincent and the Grenadines without your physical presence. With this account you can transfer your funds, withdraw money in ATMs all over the world and pay in online and physical merchants.
As you have mentioned correctly, making investments in offshore jurisdictions can be very risky but if you get informed properly, in your country of residence and offshore country, about the options you have it can be one of the best solutions for tax optimization and protection of your funds.