Your Questions About Foreign Exchange Forex
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Mark asks…
Offshore Investing.
Private banking?
What are some offshore...
More
Your Questions About Foreign Exchange Forex
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Mark asks…
Offshore Investing.
Private banking?
What are some offshore investments or other investments to do, in which your investments can
pay you a weekly or monthly income? Does Forex foreign exchange work that way?
admin answers:
Just about any investment can be structured to provide you weekly or monthly income.
Offshore
investments are no different, they are simply located in another jurisdiction, in this case, outside
of the US.
Offshore advantages are lost though when you repatriate that income; you’re going
to have to pay income tax on any gains.
Foreign Exchange is like trading a commodity or a stock in many ways, so you can have gains
paid to you as often as you wish.
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