I am researching offshore accounts and have realized that there are many options: the Caribbean, Europe, Asia. But each has its own nuances: some are easier to open, some are more expensive to maintain, and some carry greater reputational risks. In your opinion, which offshore accounts are really the “best choice” for a mid-level entrepreneur? Not for billionaires, but for people who want to secure part of their capital and have convenient access to currencies.

It depends on what you need. For security, Switzerland and Singapore are best. For ease of opening, the Caribbean (Belize, Dominica) is best. But keep in mind that the “best” offshore jurisdictions have higher entry and maintenance costs. For medium-sized businesses, Cyprus or Malta may be a good compromise.

I would definitely look towards Switzerland and Singapore. They have high entry thresholds, but their reputation and stability are 100%. If you want to open an account more easily and cheaply, then the Caribbean (Belize, Dominica) would be suitable, but their reputation is worse, as you understand. I myself opened an account in Cyprus for a medium-sized business: the threshold is reasonable, multi-currency accounts are convenient, and the jurisdiction is normal in relation to the EU. I advise you to think in advance about what is more important to you - simplicity or prestige? Perhaps information about the best offshore bank accounts will help you figure this out. Although I'll say right away, be prepared for the fact that offshore does not mean a life without taxes. You still need to take into account the rules of your country.