It seems as there is more and more focus placed on offshore bank accounts by the US and European governments it has created a wave of people who now want to open such accounts.  Since many people were not aware of offshore banking and just how it works.  Since mass media campaign against offshore accounts has turned into a positive campaign for why people should go offshore, many have taken the time to investigate offshore accounts and are intrigued about how they function.  Many have found that using offshore company incorporation as well as an account can actually save them money.  Due to the fact that there are no requirements to maintain accounts as well as to submit accounts, the need for an accountant has diminished and the savings can rage from US$200.00 per month and up.  Secondly, the need for local legal counsel has also disappeared.  Since most respectable offshore service providers are legal ad visors, there is no need for a local attorney eliminating retainers as well as excessively high hourly rates.  One of the other attractive aspects of setting up an offshore company with an offshore account was the assets protection provided by the structure.  Many people are looking for a way to protect assets from creditors, frivolous lawsuits, as well as from Big Brother.  One of the biggest preoccupations of most Americans as well as Europeans is that their governments will come after their assets in order to make up for their losses in the government or to bail out major companies who then in turn plunder them in exorbitant bonuses and retention bonuses.  With all of the cards on the table most reasonable individuals have seen that offshore bank accounts can be the alternative to a system that does not work and is unreliable making such accounts the trend for 2009.