An island nation located off the North American Coast, Bermuda is an international trade and financial hub. It has a highly developed economy primarily based on Financial Services and International banking. The island also boasts of hosting majority of the world’s major insurance and reinsurance companies.
Bermuda has a highly investor friendly tax and company regulation mechanism which has made it a favoured destination for investors from the globe. The island allows for free flow of capital for non resident and also does not prohibit dealings in any currency.
On the other hand, the island has four banks which provide banking services for foreign nationals who wish to take advantage of the banking facilities in the island. The banks are well versed in multiple languages and are able to provide services in most major international languages. The Bermuda Deposit Insurance Corporation (BDIC) has also started the provision of providing deposit insurance services for a limited amount of the deposits making the banking sector more secure.
The Empire team is well equipped to provide you with detailed information about the Banking scenario in Bermuda and undertake all steps necessary to open an account in the country.
No designation has been made by the Texas Board of Legal Specialization for a Certificate of Special Competence in this area.