People have many reasons for wanting to move their assets to an "offshore" location. Some of the most common are:
fear of lawsuits (frivilous or otherwise)
fear of overly aggressive or changing taxation policies
fear of repatriation of private assets to public domain
fear of currency controls or other government interference in the "free" flow of capital
Moving money anywhere (or doing anything for that matter) brings with it certain risks, however, for people in certain financial situations makes offshore banking make sense. To contact an offshore banking company about treasury accounts in Uruguay (available only for non-Uruguayans) contact my offshore banking company by clicking on the link provided.
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