As an expat, you are advised to examine the possibility of opening an offshore bank account, in order to take advantage of the tax efficiency and relatively enhanced confidentiality that this provides. No tax is payable on interest arising from money held in an offshore bank account (unless the EU Savings Tax Directive applies), so even if you are just looking for somewhere to receive funds remitted from home, or have your salary paid into, this is worth considering.

 There are various types of account available to suit your means and needs. These include instant access accounts with credit/debit card facilities, fixed term deposit accounts with tiered rates of interest, and fixed and variable rate accounts.