In Nauru, an offshore bank account for non-resident is defined by a banking service that includes money deposit options at a Nauruan bank for private persons and companies that are residing in Nauruan territories.
In Nauru, the offshore bank account for non-resident is dedicated to individuals and corporates to transfer cash and assets to a Nauruan bank, to save tax payments in the country, however an international convention making Nauru as cooperative country has stopped this statute.
In Nauru, an overseas bank account for non-resident is not offshore anymore as type of service is not available anymore and all offshore banks had their licenses so that opening an account is not helping to proceed with tax evasion anymore.
In Nauru, the offshore bank account for non-resident being not existing anymore the Government has imposed a Non Resident Tax (NRT) and the applied rate of tax is 20% for capital gain and Nauru as tax heaven consideration is not applicable given its membership to the OECD's Convention on Mutual Administrative Assistance in Tax Matters and this allows the exchange of financial and tax related information.
OVERSEAS BANK ACCOUNT OFFSHORE BANK ACCOUNT ANONYMOUS BANK ACCOUNT FOR US CITIZEN DECLARING AN ACCOUNT GERMANY FOR BRITISH CITIZEN FOR EXPATRIATE NO MINIMUM DEPOSIT FOR RETIREE FOR STUDENT IBAN NUMBER PANAMA LUXEMBOURG SWITZERLAND ANDORRA ANGUILLA ANTIGUA BAHAMAS ARUBA BAHRAIN BERMUDA VIRGING ISLANDS CAYMAN ISLANDS COOK ISLANDS CYPRUS DOMINICA GIBRALTAR GRENADA GUERNSEY ISLE OF MAN JERSEY MALTA MARSHALL ISLANDS MONTSERRAT NAURU CURAÇAO ST. KITTS & NEVIS NIUE SAMOA SAN MARINO SEYCHELLES ST. LUCIA ST. VINCENT GRENADINES TURKS CAICOS U.S VIRGIN ISLANDS VANUATU MAURITIUS AUSTRALIA SOUTH-AFRICA UK MONACO DUBAI BELIZE IRS LIECHTENSTEIN DISCLOSURE OF ACCOUNT LIST OFFSHORE BANKS FOR INDIVIDUAL FOR BUSINESS ONLINE ACCOUNT SINGAPORE LIST OF TAX HAVENS FOREX TRADING ACCOUNT BITCOIN OFFSHORE ACCOUNT IS IT LEGAL ? ADVANTAGES INCONVENIENTS LOAN AGAINST INHERITANCE TYPES OF ACCOUNTS COMPTE OFFSHORE COMPTE ANONYME POUR FRANÇAIS DÉCLARATION COMPTE ALLEMAGNE SINGAPOUR POUR SANS PAPIER EXPATRIÉ FRONTALIER RETRAITÉ ÉTUDIANT POUR FONCTIONNAIRE PANAMA POURQUOI OUVRIR UN COMPTE? EST-CE LÉGAL AVANTAGES INCONVÉNIENTS TYPES DE COMPTES LISTE DES PARADIS FISCAUX COMPTE FICP INTERDIT BANCAIRE AVEC POURSUITES POUR FICHÉ BNB COMPTE LUXEMBOURG SUISSE ANDORRE ÎLE MAURICE ESPAGNE ITALIE COMPTE BELGIQUE LIECHTENSTEIN COMPTE SANS RIBA LISTE DES BANQUES OFFSHORE PRÊT SUR HÉRITAGE COMPTE LONDRES POUR PARTICULIER POUR ENTREPRISE EN LIGNE POUR NON RÉSIDENT MONACO FRANCE POUR NON-RÉSIDENT