Learn more about moneyandinvestments with this collection
How to use storytelling to influence and persuade
How to create a compelling narrative
How to structure your story for maximum impact
Choosing a currency
Offshore bank accounts offer the option of the currency in which you wish to hold your funds. This can be a highly valuable feature of an offshore account, especially if one's domestic currency is unstable or expected to depreciate.
Holding funds in certain currencies may allow you to earn interest on your deposits, but it can also result in foreign tax liability. You may also need to exchange currencies to make deposits and withdrawals, which could be a significant expense depending on the fee structure and exchange rates offered.
34
40 reads
MORE IDEAS ON THIS
What Is Offshore Banking?
People who bank offshore do so in a part of the world outside their home country. As such, the term offshore banking is generally used to describe international banks, companies, and investments. In short, you're banking offshore if you're an American who has a bank account in Ca...
36
308 reads
Documents Required
In order to open an account Offshore banks require a notarized copy of documents that mention your personal information, such as your name, date of birth, address, citizenship, and occupation.
You will need to submit a copy of your passport and driver's license in order to verify the ab...
34
71 reads
Depositing to an Offshore Bank Account
Offshore bank accounts are mostly funded electronically through international wire transfers. The systems that enable free electronic transfers common in domestic banking are typically not able to transfer money internationally.
35
38 reads
Is Offshore Banking legal?
Many use it as a way to hide their money and avoid paying taxes. Some use it for illicit purposes like money laundering and tax evasion. While these activities are criminal and can result in jail time, offshore banking doesn't have to be illegal.
It can be...
35
89 reads
Additional Documents
Banks may often require additional documents to discourage money laundering, tax fraud, or other illegal activities.
May ask for financial reference docume...
34
39 reads
Making withdrawals
Banks offer a variety of ways to withdraw funds to maximize the convenience of using their services. Many offshore banks issue a debit card that allows you to easily access your funds worldwide. Make sure you're aware of the fees fo...
35
48 reads
CURATED FROM
CURATED BY
Generalist. Great minds discuss ideas, average minds discuss events, small minds discuss people.
Explore the World’s
Best Ideas
200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.
An Idea for Everything
Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.
Knowledge Library
Powerful Saving & Organizational Tools
Save ideas for later reading, for personalized stashes, or for remembering it later.
Start
31 ideas
Start
44 ideas
# Personal Growth
Take Your Ideas
Anywhere
Organize your ideas & listen on the go. And with Pro, there are no limits.
Listen on the go
Just press play and we take care of the words.
Never worry about spotty connections
No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.
Get Organized with Stashes
Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.
Start
47 ideas
Start
75 ideas
My Stashes
Join
2 Million Stashers
4.8
5,740 Reviews
App Store
4.7
72,690 Reviews
Google Play
Shankul Varada
Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.
“
Ashley Anthony
This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!
“
Sean Green
Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.
“
samz905
Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.
“
Laetitia Berton
I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!
“
Jamyson Haug
Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.
“
Giovanna Scalzone
Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.
“
Ghazala Begum
Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates