How to Open an Offshore Bank Account in Italy? 2025 Details16 min read

How to Open an Offshore Bank Account in Italy? 2025 Details16 min read

How to Open an Offshore Bank Account in Italy, what are the details. What is required. We will explain all the information in this article.

Offshore bank account is among the most preferred services in international digital banking transactions. There is a widespread use of digital usage throughout the world.

This widespread use is directly proportional to the development of technology and the increased use of electronic devices.

We see that people own companies internationally and are engaged in product sales. Due to the global trade market, it has become ordinary for hundreds of companies to generate income. Therefore, Italy offshore banking services are among the topics of interest. 

What Kind of Country Is Italy?

Italy is a Mediterranean country. It stands out with its rich history, art, and architecture. It carries the legacy of the Roman Empire. It is world-renowned for its cuisine, fashion, and natural beauty. It is also one of the founding members of the European Union.

For this reason, companies are demanding to create accounts in other countries. However, creating an account in a country where you do not live or have citizenship will require a different procedure.

Thanks to remote transactions, an account is obtained through a digital financial institution. 

Since this system is called offshore, it is one of the commonly known terms all over the world. The countries preferred in the offshore system vary for various reasons. 

⇒ Tip : In order to be exempt from tax, countries such as Saint Lucia, Saint Vincent and the Grenadines from Caribbean countries are chosen and companies pay lower taxes. 

However, the use of the Euro currency in the selection of countries within Europe is one of the situations that attract the attention of companies. As it is known in the European Union countries, the Euro currency is used. 

For this reason, it would not be wrong to say that countries such as Italy, which has an important location, are one of the interesting countries in the offshore system. We will look for answers to questions such as how to do offshore banking in Italy for you. 

Thanks to our reviews, you will learn how to open an account remotely in developed countries such as Italy. You will also find answers to questions such as the procedures for opening an account and which banks should be assisted.

Can Foreigners Open a Bank Account in Italy?

We often hear questions such as whether foreigners can do offshore bank account in Italy transactions or open an account. It would not be wrong to answer yes in response to this question. 

However, the time is certain, in fact, you need a company that offers you a quality digital banking service. One of the rare institutions that will meet this need is The Kingdom Bank. 

We must say that the company offers offshore services not only in Italy but also in various countries around the world.

This is why it is a highly experienced and expert financial institution. Thanks to the trust offered by the company, it is possible to manage your income by protecting your financial assets.

How to Do Offshore Banking in Italy?

The number of people wondering how to do Italy offshore bank account transactions is quite high. In developed countries like Italy, there are many various advantages.

The first opportunity offered by the country is that it has a valuable currency. Investors and company owners trading with valuable currencies will increase their income levels.

Earning income with important currencies such as the Euro is valuable for investors. Especially in international e-commerce companies, it is an advantage that the income from the products and services sold is Euro-based. 

For this reason, the desire to create an account in areas such as Italy, one of the European Union countries, is higher.

We have examined the steps you need to take to create an Italy online bank account for you. In the continuation of our article, we have listed all the procedures that need to be done in order. 

It will be possible to create an account by applying the procedures in order. It is necessary to say that The Kingdom Bank is one of the leading financial companies you will receive service in this regard. 

Offshore Bank Account in Italy Online

Offshore account online in Italy transactions are done remotely as the name suggests.

In the offshore system, transactions can be made remotely, without living in the country, without residence and without being a citizen. It is possible to create accounts through online platforms, digital banks and various platforms. 

The Kingdom Bank will provide you with the best service in this regard. Apart from being a digital bank, the company has a financial infrastructure with advanced technology. For this reason, you can easily make your transactions in a simple way.

Opening a Bank Account in Italy for Non Residents

A settled life is not required for Italy online bank account transactions. It is possible to create an account without living in the country. You can create an account with support from companies such as The Kingdom Bank. 

It will be sufficient to follow the list we have stated in the continuation of our article about the process and the procedures to be done. 

Thanks to the procedures we have listed in items, your account will be opened and ready for use.

How to Open an Offshore Bank Account in Italy Online?

How to do offshore banking in Italy is frequently asked. There are some procedures you need to do to open an account. You can manage the process positively by applying the steps we will specify in items.

Here are the things you need to do;

• Log in to The Kingdom Bank’s website.
• After logging in, click on the account creation option.
• Since the account will be opened in Italy as a country, you should make the selection accordingly.
• After selection, continue by entering your personal information.
• Information such as your age, name, date of birth, ID number is filled in.
• Continue by entering your contact number and e-mail address.
• Continue by entering your company information to create an account.
• Although the process is completed, some banks may request additional documents. In these requests, documents are sent to the bank and the account is approved.

Can You Open a Bank Account in Italy Online?

It is possible to open an offshore account online in Italy. Therefore, the answer to the question of whether I can open an account within the country will be yes. It is possible to easily open a remote account. 

Thanks to the privileges offered by the country, you can generate more income for your company. Your account will be activated by following the procedures mentioned above. It is necessary to emphasise the importance of bank selection again. 

With The Kingdom Bank, you can create an offshore bank account in Italy without being a citizen and carry out all your digital banking transactions from a single platform.

Can I Open a Bank Account in Italy Without a Residence Permit?

Yes. There are various methods available to you for opening an offshore bank account in Italy without needing a residence permit. Traditionally, this meant traveling there and handling all paperwork yourself or hiring an agent who could do it on your behalf.

Today however, you can start this process from home using digital documents to verify identity. Once opened, funds from domestic accounts can be transferred over to this new offshore account in Italy. 

Where funds may then be used just like regular banking accounts, mobile web app tokens for transactions and multi-currency accounts capable of receiving and sending international wire transfers.

After experiencing some uncertainty related to foreign investments, Italy’s economy is steadily rebounding and becoming more attractive for investors looking for safe places to park their money. Real estate investment remains the main area where foreign money can be found.

An offshore account offers an ideal way to diversify your portfolio, gain access to some of Europe’s most picturesque countries and take advantage of tax benefits.

They may also protect assets against sudden economic shifts that impact financial institutions in your home country; many banks use deposits from customers as funding source for lending activity so it is important that your money is safe in case sudden change takes place in state policies.

Benefits of Having an Offshore Account in Italy

While some may assume offshore banking is illegal and only used to avoid taxes or launder money, in reality it’s perfectly legal and safeguards are often in place in most nations’ banking laws to ensure accounts don’t get used for illicit purposes.

Furthermore, offshore banks provide various advantages for individuals looking to protect their assets.

Of these benefits is being able to deposit funds into an  offshore account in Italy that does not fall under local regulations, offering relief for individuals concerned about domestic banks being subject to excessive interest rates or wanting a faster banking process.

Furthermore, offshore banks typically offer greater liquidity than domestic counterparts, meaning funds can be moved quickly between accounts.

Italy offers many types of offshore account suitable for those wishing to open an account here, with some banks providing full range services similar to what would be available to an Italian resident, such as online banking, cheque books (checks), utility bill payment and debit cards.

Other banks are equipped to conduct AML checks remotely via video interviews – making them an ideal option for non-residents wanting an account here.

As The Kingdom Bank, we provide guidance for your offshore banking activities in Italy.