An offshore (or foreign) bank account is a bank account you have outside of your country of residence. The benefits of an offshore bank account include tax reduction, privacy, currency diversification, asset protection from lawsuits, and reducing your political risk.
58% Yes |
42% No |
36% Yes |
37% No |
21% Yes, as long as offshore income is reported |
4% No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes |
1% No, and neither should corporations and business organizations |
See how support for each position on “Offshore Banking” has changed over time for 1.4k India voters.
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See how importance of “Offshore Banking” has changed over time for 1.4k India voters.
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