Recent two years have given all of us a hard lesson to learn. Growing Covid-19, numerous anti-government protests, fluctuations in fiat currencies and the wildfires that multiple prestigious governments failed to extinguish. All these examples were underlining one ugly truth. What if our governments are not as trustable as they seem? This sudden loss of trust increased the persuasion of separating the eggs into different baskets rather than one. According to the latest statistics, offshore bank accounts have made a dash up to 60% worldwide since 2019. Why do people prefer to open overseas accounts? What are the pros and cons of utilizing an offshore banking service? Firstly, to clear out the clouds, we better define what an Offshore Account is. In a nutshell, it is a bank account in a foreign country rather than the country where the person lives. Therefore, a French businessperson who has a bank account in Malta is an offshore account holder or vice versa. Except for the last puzzling situation of our world, there are many reasons why people consider to utilize offshore banking accounts.