Offshore Brokerage Accounts: Sketchy?

offshore investing

Are Offshore Brokerage Accounts Really Sketchy? A reader question: My friends wonder if I’m doing something really sketchy when I mention that I’m opening an offshore brokerage account. Is this stigma justified? Is it perpetuated by Tax Authorities to discourage people from opening them? My main two questions that I need answered are: am I doing anything illegal (if the $ is from a legal source)? If it’s such a good idea, why doesn’t everyone…

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