Yesterday's offshore services:
Stale but still for sale

Getting what's right for you

Need offshore services? Beware easy answers and shaky, short-term solutions of a bygone era. It's your assets.

OFFSHORE-FOX.COM
with Peter Widder

(Part 5 of 5)

Most offshore services providers are used to clients accepting formula solutions. They are not overly concerned about the structuring of their business services to meet your needs -- particularly where financial privacy is concerned.

Don't be afraid to ask direct questions. Enquire how your assets will be protected from intrusive scrutiny, and do not be brushed off with yesterday's sales pitch. If you have a particular scenario in mind -- for example a vengeful litigant conducting a global asset check on you -- examine your situation on a "what-if" basis. Will the proposed defences stand?

Bank secrecy and corporate confidentiality are a good foundation, but other steps usually need to be taken if your assets are to remain secure.

Remember that times have changed -- and if your offshore services provider hasn't changed too, perhaps it's time to change him.