Ghana is fast becoming one of the most dynamic and competitive offshore financial havens in the world. In recent years, the Government of Ghana has taken measures to strengthen its macro-economic values with prudent economic policies, good governance and stable democracy. These have yielded positive results and placed Ghana as one of the leading financial centres in Africa and a major force to be reckoned with on the global terrain. Ghana has over the past few years asserted itself as a true gateway to Africa. There is stable democracy, a free press, independent judiciary, low inflation, and stable currency, rapidly developing infrastructure, strong network of financial institutions, an active civil society, sustained economic growth, and many more.
It is with these developments in mind that, the Government of Ghana has decide to provide offshore Banking services and has passed the legislation that will allow the operation of offshore Banks in the country.It is therefore possible for non-resident individuals and foreign companies to open and operate offshore bank accounts in Ghana.The Government of Ghana through further reforms intends to provide the formation of international business companies (IBC`s), granting of licenses to offshore insurance companies, formation of offshore mutual funds and many other offshore services in Ghana.
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