Petro Funds is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals A GLOBAL FINANCIAL POWER-HOUSE
|
|
Bank Formation Only $9,500 |
|
| Secrecy?
|
|
There's a lot more to a successful bank formation than CAPITAL You need resources, technological and marketing expertise, asset management abilities, loan administration - in a word, Services. Petro Funds Is the provider of such service.
It may surprise you to learn that the NUMBER ONE reason for people moving money offshore is NOT because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind. With 60,000,000 lawsuits filed last year in the U.S. (product liability awards were up 73% in 1998 and class action lawsuits were up 41% last year) and 680,000,000 world-wide you owe it to yourself and your family to form an offshore bank with help of Petro Funds |
|
|
Why Costa Rica?
Costa Rica is the most stable and robust democracy in Latin America, with a long-standing commitment to economic growth and social development. The share of national wealth devoted to social expenditures in Costa Rica has been among the highest in the Latin America and Caribbean region at 15-18 percent of GDP over the past 20 years. As a result, Costa Rica enjoys some of the best indicators of social well-being in the developing world One of Costa Rica’s biggest attractions is not the mountains or the parks or even the coastal resorts, but its people. Costa Rica has managed to develop into a successful agricultural community and maintain a steady upward trend towards educational supremacy and political stability. This has proven to be its key to the successful development of tourism, especially catering to the travelers who are looking for environmental experiences and leisure activities that incorporate natural settings. The Costa Ricans’ attitude towards foreigners makes the visitors feel welcome. Many Costa Ricans speak English surprising most visitors but adding to the warmth of the every day cultural exchange. |
Costa Rica; The One And Only
|
|
With the current changes that are taking place in the global economy, there has never been a better time to explore the benefits of owning your own offshore bank. The term "offshore" means conducting business in a country in any geographic location where there is stability, low taxes, minimal restrictions and a less restrictive financial atmosphere than exists in the well-known developed countries.
Seize your own assets before your creditors do
Don't twiddle thumbs while the vultures are blithely hacking away at your life time savings: with Petro Funds insider strategy, you will be able to employ your bank to lay its hands (i.e. yours!) on your assets before anyone else does.
|
Rio Estrella, Costa Rica |
|
Once you formed your own bank, we will show you a unique insider strategy how to reduce your tax-load and even say goodbye to taxes forever.
"Almost Like Printing Your Own Money!" You can have your own bank registered in Costa Rica without having to provide detailed documentation of your professional experience, assets etc., as would be the case with banks in virtually all offshore jurisdictions, registering your bank in this low-profile country enables you to legally do the following (and more): |
|
|
|
|
|
You can choose any name in any language, e.g. Bank, Banque, Banco, Savings & Loans, Credit Union, etc.
You can use your bank to conduct full banking activities. The bank comes complete with four correspondence bank accounts. One in Costa Rica where the bank is registered, one in London, one in Hong Kong, and one in Switzerland. No need for references or minimum opening deposits. Together with the bank documents you will receive an index of consultants and companies you might need to get started and to manage the registered bank. Your bank is tax exempt. Your bank is also a superior tax planning tool. Costa Rica is not a famous tax haven so it is a perfect "first stop" when funds are to be transferred offshore. If you need to transfer funds back ON-SHORE, it will be the perfect tool as well. You simply grant yourself or your on-shore corporation a loan and, of course, you are not paying taxes on a loan. The possibilities are unlimited when you have your own bank! The total formation cost is as low as $9,500 Annual fee for registered office, agent etc is $1,250. Nominees can be offered for $1,100 a year. The nominees will front on all documents and the client gets power of attorney. |
Your Road To Success
Coastal Waters in Manuel Antonio National Park, Costa Rica
|
|
Mailing, Fax, Telephone And Office Facilities:
As part of the domiciliary service fee we provide clients with a registered office address in the country of incorporation but clients may find it convenient to arrange for mail forwarding, fax and telephone facilities through our Switzerland, The Bahamas Islands, London or other Petro Funds world-wide offices. This service may be especially useful where, for example, the company is opening bank accounts. Normally the bank would address statements and other correspondence to the company at the address of the client but this results in a loss of confidentiality in that the connection between the company name and the client will be automatically made.
To safeguard against this mail can be directed to our offices and we can re-mail those letters in a plain envelope addressed to the client or otherwise as the client directs. An additional advantage of using our re-mailing services is that the provision of a re-mailing address through one of our prestigiously located offices in the onshore jurisdictions may allow the offshore company to appear to be domiciled on-shore and thereby give that company an added degree if respectability. For example, your offshore company could quote Petro Funds London office address on its letterhead and thereby appear to be domiciled in the UK. This procedure is particularly attractive if the Hong Kong address is used as a Hong Kong company is not required to quote its registered office address on its letterhead. Thus if an offshore company were to quote a Hong Kong address it would be indistinguishable from the letterhead, from a normal Hong Kong trading company.The charge for this service is only $275 per annum. Trust Services: Using a trust to own the shares of an offshore company can result in very substantial tax and non-tax related advantages which will accrue both on death and during the lifetime of the trust settler. These advantages may include: Saving Of Inheritance Tax: On death, the Inheritance tax which would normally be assessed on the value of shares would generally be eradicated. Asset Protection: Assets placed into trust are generally beyond the reach of creditors who might arise as a result of financial difficulties, divorce proceedings, litigation, etc. Avoidance Of Probate: A trust provides a means whereby assets can be smoothly passed on to the next generation without the disruption, delays substantial costs, loss of confidentiality associated with the probate procedure which necessarily follows when assets are bequeathed by will. Continuity: Trusts provide a means whereby assets can continue to be administered in accordance with the wishes of the settlor after his death so the weak can be protected from others and the spend-thrift can be protected from himself. Lifetime Tax Savings: During lifetime, substantial income and capital gains tax advantages may result from setting up the trust. Using the service of one of our licensed trust companies, we are pleased to act as trustee for a suitably drafted discretionary trust and the cost of this service would be from US$500 for setting up the trust deed and from US$500 per annum for the provision of trustee services. Other Services: Petro Funds provides a wide range of administrative and documentary services including, but not limited to legalization and notarizing of documents, credit cards, yacht and ship registration, invoicing, documentary trade services, trade finance applications, accounting, consulting and immigration services. VIP Package: For one payment US$15,599 Petro Funds International will provide the following:
|
Costa Rica; The Quiet Jurisdiction
Waterfall at Tabacon Hot Springs
Costa Rica; Next To Heaven
Costa Rica; Live Another Life
|
|
Confused?
The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore company formation or registering of a bank or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes. Petro Funds has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to go offshore. |
![]() |
We trust that we have clarified the intriguing world of Costa Rican Bank Formation Programs. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services.
Please click here to write us the full particulars of your situation and what you wish to accomplish. We will review your situation VERY CAREFULLY and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.
|
If you would like to obtain further details surrounding the formation of Your Own Costa Rican Private Bank or wish to discuss any matter in complete
confidence, please
click here
to contact:
Mr. Robert Haig Petro Funds Offshore Bank Formation Division |
|
Petro Funds is in a position to assist new and established clients in opening personal and corporate offshore bank or trust accounts, denominated in almost every currency, in over 125 of offshore jurisdictions world-wide, including:
New Zealand, Australia, Chile, The Dominican Republic, Ireland, Argentina, Belize, Brazil, Spain, Italy, Costa Rica, Venezuela, Uruguay, Prague, Bodrum, The Spanish-Moroccan Tax Havens, The Madeira Tax Haven of Portugal, The Jamaican Free Trade Zones, The Dominican Republic Free Trade Zones, Campione D'Italia, Andorra, Poland, The Eastern Turkish Border and Tbilisi, Mozambique, Guatemala, The Virgin Islands, The Philippine Islands, and Anguilla are just some of the countries and places featured.
| There is only one Petro Funds. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. | ![]() |
Petro International
|