Overseas Bank Accounts

Good day, I am an emergent entrepreneur. I wish to do a little business overseas; I decided recently that the best way to speed up financial developments overseas is to open a bank account overseas, as the rules and regulations of the Reserve Bank of India does not permit any outflow of cash from within Indian territory, under FEMA Act 1999. This also applies for all overseas-based e-wallets, such as Neteller, PayPal, Skrill, or even overseas purchases. In short, I don't think there is a direct or indirect way to do it. 1. In your opinion, which country allows the most favourable policies and from my perspective, any plausibilities of opening an Overseas bank account? 2. Where do I start with creating the bank account? What bank should I choose in the country I select? What documents are necessary to facilitate this? I do not have certain documents such as a PAN Card. I strongly feel that any decision taken should comply with the letter of the law. Thank you, sir.