Um, I think it's more correct to state that Japanese people have a much easier time getting offshore banking than Americans as an example.
I found it next to impossible to arrange something beneficial in the offshore market whereas a Japanese friend was able to set up some stuff in his name with little effort.
Really? A few friends are in the business of arranging offshore investments and holdings, and they have mainly Japanese clients. The only issue really comes with repatriating funds if you need a lot in a hurry.
I found it next to impossible to arrange something beneficial in the offshore market whereas a Japanese friend was able to set up some stuff in his name with little effort.
It seems there was a law change recently that states that in order to offer banking or investing services to people living in Japan you would need to have an actual office in Japan.
Source: my European stock broker (bank) that suddenly froze my online account last year.