Скачать с ютуб Offshore Banking, Explained: Where "Old Money" Families Stash Their Billions в хорошем качестве

Offshore Banking, Explained: Where "Old Money" Families Stash Their Billions

So, you’re intrigued by offshore banking - and who wouldn't be? The idea of tucking your money away in some exotic, far-flung locale has a certain allure - However, as the kids say online these days - “You have questions”. At this point in the conversation, we’ll usually hear something like - "Is this all above board, or am I diving into a murky underworld of financial skullduggery?" Well, my friend, quite naturally that depends on your personal outlook. Done properly, offshore banking is as legitimate as having an account down the street - Done improperly, it’s the playground of sociopaths who could make Bond villains look like Harry Potter. ------- The Secret World of Swiss Banking: Where “Old Money” Hides Its Wealth:    • The Secret World of Swiss Banking: Wh...   ------- Why "Old Money" Families HATE Dubai:    • Why "Old Money" Families HATE Dubai   ------- TIMESTAMPS 0:00 Introduction 1:08 Chapter 1: The Basics of Offshore Banking 5:34 Chapter 2: Governments Step “Offshore” 8:47 Chapter 3: The Rich and the Offshore 12:21 Chapter 4: Accessibility and Future Outlook ------- Our breakdown begins in the late nineteenth century, as financial markets matured and international trade expanded - and the concept of "banking" began to take on new dimensions. Traditionally, banking meant simply “the business of holding money for customers” - providing loans, credit, and payment services, and offering various investment opportunities. Therefore, in some ways, before the emergence of offshore banking - traditional banking was pretty straightforward - especially for the average person. They thought of it simply as a secure place where they could store their money, get a loan if they needed one - or invest in basic opportunities like savings accounts or bonds. You could walk into a local bank branch, talk to the staff, and conduct your business mainly within the boundaries of your home country. However, as nations and economies of scale interacted more closely - a specialized form of banking emerged - our lovely friend “offshore banking” that we’re discussing today. In this model, all the typical activities of a bank are conducted in a foreign jurisdiction - adding layers of shrewd complexity and hidden opportunity. In simple terms, bankers, financiers, and even countries realized that they could attract even more money by offering specialized services in foreign locations. For example, if a bank in Switzerland offered better privacy laws or tax benefits than your home country - you might decide to put your money there instead. It became a competitive edge - a way to lure in clients who were looking for more than just the basics - or perhaps murkier ways to stack their coin away from the prying eyes of governmental regulation. As the clock ticked into the nineteen sixties, offshore banking was indeed no longer just the domain of wealthy individuals and multinational corporations - the role of the state began to emerge as a topic of interest and scrutiny. In this era, governments began to take an interest because of the growing impact of offshore banking on global finance - as well as the potential for political and diplomatic maneuvering. States saw these offshore accounts as tools that could be discreetly utilized for certain sensitive transactions - away from the watchful gaze of the public and other nations. Without a doubt, the offshore platforms offered an intriguing mix of secrecy and financial advantage - that governments found hard to completely ignore. And although they might not like to admit it -while governments themselves generally did not engage in offshore banking in the way private entities did - they were sticking their hands into the “offshore pie” as well. For certain specialized transactions - or to manage resources away from the public eye - state entities like the C.I.A. during World War 2 and the Cold War - did indeed open and operate offshore accounts. These accounts allowed them to perform activities that might be diplomatically or politically sensitive - and by 1970, the landscape of offshore banking hubs had taken shape - providing a clearer picture of which jurisdictions were the most significant players. Hot on Europe’s heels were newer entrants like the Cayman Islands - where fewer regulations and a more relaxed tax environment attracted a flurry of offshore activity. Around the start of the nineteen eighties, the relationship between wealth and offshore banking entered a new, more intricate phase. By this time, engaging in some form of offshore banking had become almost a rite of passage for the well-heeled. The motivations were manifold - asset protection, tax benefits, and financial privacy stood at the forefront.