The Offshore Finance Industry

By Boyd N. Reneau

The approach of the year 2000 will mark not only the beginning of a new millennium, but also the start of a brand new way of life for millions around the world. Nowhere will this be more evident than in the way the Offshore Finance Industry will influence people. The effect of this super industry cannot be over emphasized as its diversity and impact on nations economy continues to expand.

Today more than ever the Offshore Industry is booming and contains a large portion of the world's wealth. Astounding opportunities are opening for large multinational companies, small businesses and individuals as well. The Offshore Finance Industry today has evolved from what traditionally were known as "tax havens." There are those who were critical and suspicious of Offshore activities. But much information has been published regarding Offshore Finances and the word is out that "Offshore" is the way to go. The Centers are no longer conceived merely as a place to escape