Offshore banking in Singapore is secure, stable and reliable. Furthermore, offshore banking in Singapore has an excellent image. By establishing a Singapore offshore account your company portrays a positive image to customers, suppliers, investors, venture capitalists, governments etc. Also, a Singapore offshore account provides good protection against instability of 'onshore' jurisdictions.

Offshore banking in Singapore offers more favourable interest rates than 'onshore' banking because interest paid is tax-free. A Singapore offshore account is also available in multiple currencies and with excellent Internet banking facilities.

Offshore banking in Singapore provides legitimate tax benefits. A Singapore offshore account is a legitimate way for international entrepreneurs to conduct global business and house profits offshore.

Another advantage of offshore banking in Singapore is that foreigners can apply for residency in Singapore if they hold at least S$5 million (US$3.2 million) with a financial institution regulated by the Monetary Authority of Singapore.

A Singapore offshore account is confidential. For example, Singapore's strong client confidentiality laws means it refuses to exchange Singapore offshore account holders' information with OECD (Organisation for Economic Cooperation and Development) member countries.

After opening a Singapore offshore account, banks can offer letters of credit support to Singapore companies engaging in international trading.

To support offshore banking in Singapore, Healy Consultants help clients obtain international mortgages from Singapore banks for their properties in Asia and globally. With significantly lower interest rates and more simple procedures, Singapore mortgages are a viable, cost-effective and convenient option to mortgages in locations such as Australia, Canada, the US and Europe.

For a total of US$1,900, Healy Consultants will handle your Singapore offshore account application from start to finish, there will be no additional costs for you to consider. The time period from initial application to having the Singapore offshore account operating is three weeks.