Sure we do. The best bang for your buck and lower taxes. Don't forget to add 401k retirement plans to the list of overseas banking and investments.<quoted text>We all know why the rich put money in swiss bank accounts and in the Caymen Islands. GE and Facebook just to name two.
You don't have to be rich to do overseas banking or investing. You just got to be willing to accept the risk of doing it.
Remember Charlie's problems with his overseas investment.