In the Turks and Caicos Islands, an offshore bank account for non-resident is by definition a financial product that allows deposits of money and investments offered by a Turks AND Caicos Islands bank to people and corporates that have no domiciliation in these islands.
In the Turks and Caicos Islands, the offshore bank account for non-resident is subject to the establishment of an offshore company and local banks require on top of a heavy documentation for their due diligence, a minimum deposit for bank account of the equivalent of USD 50,000.
In the Turks and Caicos Islands, an overseas bank account for non-resident presents the advantage that there is no personal income tax and during the first 20 years after a company has been established, it is exempt from any tax on profits or income as well as on capital assets.
In the Turks and Caicos Islands, the offshore bank account for non-resident can be opened remotely online via internet and the request made by the banks is to provide with: a certified passport copy for proof of identity, a document that confirms the address of residence and the legitimation for the source of funds.
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