Do Any Laws Forbid Going Offshore?
Absolutely not. Most countries encourage international trade and investment. As such, there are virtually no regulations forbidding citizens from doing business or having bank accounts in other countries. Should any major country ever forbid foreign banking or investing, international trade would quickly grind to a halt. This would cripple the world economy. Therefore, major countries will likely never forbid foreign business, banking or investing. Rather, sophisticated and knowledgeable individuals and corporations all over the world have used and will continue to use offshore tools.
