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Offshore debit cards?

Hey, does anyone know anything about this type of cards?I heard that some of them are hosted in countries like, Belize, Panama, etc. Would you put your $$$ in a card like that, if it gives you excellent fees on transfers, and you can keep your $$$ out of US tax free, etc? I'm not sure about it. I'm interested cause my son studies abroad and I'm spending too much $$$ in transfers. I have a feeling that this might work but i would like to be sure about it.
I was looking at some links and this is one of the ones I most liked, but I know nothing about them. Can some one orient me a little?

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