I don't think that makes any sense opening an offshore bank account, they can be easily shut down, freeze etc. The currency diversification argument is also very sluggish, All currencies suck! And sorry to put this bluntly but they are all the same!
@@kazuko6388 well not in a today world where you need to declare everything or they can double check on their own but this option is more painful for you!
I use HSBC in 3 continents (US, Europe, and Asia) including HSBC Expat in Jersey, UK. I also use interactive brokers. I’m happy with this setup and as long as you don’t have to deal with HSBC staff (as for most non-local banks) and do everything yourself it’s perfect.
But here's the catch. And is is a MASSIVE one. Sooner or later you WILL need to use HSBC staff. And let me tell you what this means. This means you will be hospitalised after that in a psychiatric facility for at least a week. Because a) HSBC staff do not speak English - or they don't speak English that you are familiar with b) they don't really want to do anything for you - they just want you to get lost and then spend another 40 min listening to their horrific music c) they will try to mess up everything and if they fail at that, they will misinform you or worse damage you account which will require you to USE HSBC staff again.
In Italy it’s pretty easy to open a retail account - all you need is a codice fiscale which you get for free from the website of your closest Italian embassy or consulte’s website.
Untrue. Google "expat forum italy" and you'll see posts upon posts of people denied bank accounts because they can't prove residency - and these are people who actually live there
I worry about these risks with accounts in foreign countries. I'm not saying they don't happen here (U.S.), but many problems are harder to resolve if you are not there. 1. Identity theft: It will take longer to discover and the delay might make it impossible to reverse a fraudulent transaction. 2. Corruption: The bank or the government might just take your money. 3. Inactive accounts: Many banks close accounts that haven't been used in a while.
The United States could "just take your money", and some banks are more investment-focused and require you to move money manually so nobody would just login or use a debit card to spend it.
No-one is saying that banks in every country are great, but there are places which are more secure than the U.S. The key is to become literate in the various banking laws and regulations (or pay someone who is literate to advise) and then only open the ones that are beneficial to your goals.
@@DdDd-pk4pu Wise and Revolut are both good for currency exchange at low rates, but you need to do your homework. There are others like them but not all of them support all currencies. I frequently exchange Saudi Riyals into Sri Lankan Rupees and Australian Dollars, so I use both. Sometimes I need to take 4 - 5 steps to get the most favourable exchange rates.
May I suggest you also address the issue of closing a foreign bank account. If you die, your estate must present a death certificate. A bank in Malta told me their backlog for closing such accounts was anywhere from one to two years. If you are still alive and want to close the account, you may have to front up in person in order to do it. This is the case in Hongkong and, I believe, China.
Americans can easily open a bank account in Philippine National Bank. PNB has branches in Manhattan and California. They offer both dollar denominated and peso denominated accounts. Opening an account is easier overseas than it is in the Philippines for foreigners. PNB has branches worldwide and has a 60% cash reserve and has been open for a very long time.
They will ask you what is the source of the funds. The bank does withhold 20% of the interest for income tax and you have to file a tax return for a refund. You are still a US citizen so you are only liable for US taxes unless you have Filipino sourced income. Keep in mind that the PDIC only insures depsits to 500,000 pesos ($10,000) if the bank fails. @@omumbeejumbee
Thanks for the valuable info across your videos. I'm still far from being wealthy enough to be a customer of yours, that said, let me share this knowledge with your other subscribers: " Not your keys, not your crypto". Time to "diversify" in other ways. Just my 2 satoshis.
The problem with opening a foreign bank account is that US is extending its claws to foreign banks. Yes, you can open but the application will you ask you questions that it is impossible to hide that you don't live there (even if you have dual citizen) and then there is a disclosure that your information may be sent to the US government especially if you are a US citizen. If you agree, that is fine. It used to be that Swiss banks and Cayman banks have very strict secrecy laws but not anymore. Only a very banks does not bow to US pressure like banks in Singapore, the only problem is that US banks (mandated perhaps) do not have banking relations or will not have bank transfer from Singapore. Also, if you keep receiving money from a foreign bank, the US bank will flag you for a very vague reason and just get surprised that you get a notice that they will close your account at the end of the month.
Exactly what I’m worried about. I just want to have like 5k in an offshore account that nobody knows about just in case. I’m fine with flying to Cayman to open an account and deposit so that there is no wire transfer. I just don’t want to declare it in the US as this jeopardizes the reason for having an offshore account. Also it’s none of their business.
If you open an offshore banking account, can you get a tax number for that country?...if you die who wraps up your financial matters?..must you put down the names of a next of kin?..if a child is under age, does the bank act on behalf of the child, or must you appoint a person to do so?...would your money automatically go into a trust account?
yeah, from what I've seen in banks around the world, if you a have bill or contract stating, that you'll have recurring expense in a country, on you, you can usually open a bank account in retail banks.
I was surprised you mentioned Andorra. I currently find myself trying to set up a bank account in Andbank and it is a very slow process. I am from Spain.
To me Brazil is the easiest to open an account in. All you need to to apply for a CPF number (similar to social security) and anyone can apply for it. Takes about 2 weeks and then you pick up your card in person and go straight to a bank. Easy. I have helped many friends do this. ❤
It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say l've made more progress within a year generating 6figure profit.
Thanks for the video brother Swiss quote bank ltd Is more than possible to get with almost no capital I got it with less than 1000 bucks It's a trading platform but also a bank Just had to send a small international payment from my Brittish bank account to activate it. With obviously my ID documents etc done online Also they offer virtual debit cards etc so can pay with nfc and free local sepa payments Can store numerous currencies aswell So it is possible to get a swiss bank account with literally no money
What would you suggest for just keeping dollar from 10k to 100k and maybe the option to buy S&P500 if I'm a Hungarian resident? I'm afraid my government will crush our currency and might force the population to exchange all foreign currencies back to Forints similar like in Argentina.
"Your government" is EU and "your boss" is Christine Lagarde and they will crush "your currency" (euro) very soon. And Argentina has always been a communist sh*t show and forever failure.
I'm at work but I'm saving this for later. I've been needing to do this because funding my illegal gambling account is a pain in the ass. Plus I might be able to escape paying taxes to Uncle Sam hehe
They're arrogant with many, but "even with US citizens"... US citizens are the last people most banks want to deal with. A Singaporean bank would far rather deal with a wealthy Indonesian free from regulatory baggage and with a clear regional interest in Singapore than an American who lives far away. The idea that Americans are the creme de la creme to international firms is a figment only of Americans' imaginations.
I have looked into opening a USD account in Equador remotely to obtain higher USD interest and lay the foundation for a reaidence permit or citizenship. I have been successful finding such an account. Anybody else have success at this?
I've only got one in Thailand. There were difficulties opening it with my wife. It was easier opening an account with bangkok bank in the 90s. The good thing with places like Thailand is that you don't need a bank mostly. Cash and gold.. . Once my investments take off I'll cash some in and take money out of Australia. I'm getting tried of the bullshit here.
@@nocomment4848 it wouldn't surprise me but I have and still move around in the 'freedom' groups. I can't say that I've heard of anyone's back account being closed. There's no doubt that with some pressure the banks would do the same as in canada. I'm also politically active, more in a mainstream way and I do know that what's coming and been happening is purely the fault of the Australian people. I know a lot don't like that reasoning but it's completely reasonable to say that.
The problem is not really Singapore or such and such country, it's the US that doesn't want it's citizens to have bank accounts abroad because the US government cannot control them so they put some hefty fines on the foreign banks that don't follow the US regulation of so foreign countries don't want to bother with Americans.....
I think you're right. The issue is what to do? I am horrified with what is taking place in the US today. I am a resident of Portugal but I don't want to spend five years there to get a passport. I like Asia better. @@Carolinapetroska
What countries has good banks with high apy om euro? Tjat you could open from another euro country? I found german banks but they only allow german citizents
Can you name some good Singaporean 's bank where it's possible to open a retail checking account without being a resident, and avoiding to go there to open it up
If you open a bank account in a country that requires you to have a residency permit do you get to keep it if your permit expires and you no longer live there?
Can we live in KL & get the salary into a US Wise account from our own company in Ireland? For cash withdraws from ATMs would it be better to do it from Singapore?
What about if I have a US registered company and want to register, say, in the EU. Could I then get a bank account in the EU entity's name, for example?
To me Brazil is the easiest to open an account in. All you need to to apply for a CPF number (similar to social security) and anyone can apply for it. Takes about 2 weeks and then you pick up your card in person and go straight to a bank. Easy. I have helped many friends do this. ❤
All real wealth is produced from energy and time. You can never go wrong with this guideline. The tool we use to measure and represent it should not differ in properties
Hi Andrew, I will be in Australia for Christmas, currently living in Spain. Can I just walk into the bank and open an account? I'm a non resident but have an australian passport.
What is the fee to open a Georgia bank account remotely going through Nomad Capitalist? I was planning to go in June/July, but if it's cheaper to go through this process via DN, then that's interesting.
Sure, you can reach out to our team through this link: nomadcapitalist.com/apply/ They will be able to provide you with detailed information about the fees involved in opening a Georgia bank account remotely and guide you through the process.
I have a friend in Mexico that wants to put his US dollars into an Argentine bank because he's going to make millions of pesos. I'm trying to find out how to say psychotherapy in Spanish.
I always like when you spoof those Lichtensteinian private bankers! Ps Why does Canada restrict Americans who are non-residents from opening retail accounts?
There's a liquidity crisis Brewing right now and the media is being quiet about it here in america. Everybody is selling off bonds which is never really happened at this scale even JPMorgan is selling their shares in the market. Looking like a full on banking crisis coming soon, could be a bail in this time where they lock up our money and credit instead of the bail outs of 2008.
But there's now automatic data exchange with many countries which means tax authorities in YOUR home country will be notified of your account details in another country and in some cases this is enough for you to start getting serious problems. So something as innocent as opening such account in a "friendly" offshore land will put you on the list right next to very serious offenders in all sorts of categories.
I always love you and your content. And Bravo for being your expressive self rather than subscribing to the imbecilic hand clutch that swept all forms of media. 😊 // Where /which bank would you recommend in Eq for surety?
Do you really must declare offshore account? Obviously the reason I want it so no one knows I have it. It just would give me a peace of mind having some money in case my future marriage goes south.
@Aldeel Ollah sorry for deleting my initial comment on how banks can act as brokers on your savings if you are under 35. My response to your response that ‘Nigeria has no banks ‘ is In Europe and America where most people use credit union accounts aren’t real bank accounts actually they’re only loan extensions powered by one credit union or the other and in Nigeria Gold standard banking is mostly what is practiced which in which case any person will achieve full inclusion at ~age 35 which is when an individual can achieve frozen interest rates peculiar to a person age 35 and over which is why a person’s 20’s are most important as financial destiny is counting.
Thank you so much! ❤...i have a question?... I live in USA if i go to Bahamas which is a Common Wealth Country they have Common Wealth Banks Can i Exchange a Common wealth currency if that country is a Common Wealth Member?? Example Zimbabwe or Venezuela? How much money can i travel with legally? And is it Legal to do that? Would they put the exchange in USd dollars if i ask? THANKS ❤
Hello, I have a question, and I hope you can help me. I live in Brazil, and I recently received a large amount of money, over 5 million dollars, and I want to move to Dubai. Can I transfer all this amount from my Brazil bank account to my Dubai bank account? Thank you very much.
Very informative. Maybe a Q & A session from your subscribers in the near future? Appreciate your content. Keep well.
We do have a Q&A session and deeper dive on this at Nomad Capitalist Live. www.nomadcapitalist.com/live/
I don't think that makes any sense opening an offshore bank account, they can be easily shut down, freeze etc. The currency diversification argument is also very sluggish, All currencies suck! And sorry to put this bluntly but they are all the same!
@KoDeMondo it's a nice way to say tax benefits
@@kazuko6388 well not in a today world where you need to declare everything or they can double check on their own but this option is more painful for you!
This link doesn't seem to be working.@@nomadcapitalist
I use HSBC in 3 continents (US, Europe, and Asia) including HSBC Expat in Jersey, UK. I also use interactive brokers. I’m happy with this setup and as long as you don’t have to deal with HSBC staff (as for most non-local banks) and do everything yourself it’s perfect.
can i use expat hsbc as for an offshore corporate account, i have a UK company but managed from cyprus
@@HalefoxLimited i believe they only serve individuals and not corporates, but best to check on their website there is an easy eligibility test.
HSBC, the drug money laundering bank?
Can you explain how did you do that ?
But here's the catch. And is is a MASSIVE one. Sooner or later you WILL need to use HSBC staff. And let me tell you what this means. This means you will be hospitalised after that in a psychiatric facility for at least a week. Because a) HSBC staff do not speak English - or they don't speak English that you are familiar with b) they don't really want to do anything for you - they just want you to get lost and then spend another 40 min listening to their horrific music c) they will try to mess up everything and if they fail at that, they will misinform you or worse damage you account which will require you to USE HSBC staff again.
In Italy it’s pretty easy to open a retail account - all you need is a codice fiscale which you get for free from the website of your closest Italian embassy or consulte’s website.
Untrue. Google "expat forum italy" and you'll see posts upon posts of people denied bank accounts because they can't prove residency - and these are people who actually live there
This. This is it. Your best video, by far. So far. Thank you.
Wow, thank you!
I worry about these risks with accounts in foreign countries. I'm not saying they don't happen here (U.S.), but many problems are harder to resolve if you are not there.
1. Identity theft: It will take longer to discover and the delay might make it impossible to reverse a fraudulent transaction.
2. Corruption: The bank or the government might just take your money.
3. Inactive accounts: Many banks close accounts that haven't been used in a while.
The United States could "just take your money", and some banks are more investment-focused and require you to move money manually so nobody would just login or use a debit card to spend it.
No-one is saying that banks in every country are great, but there are places which are more secure than the U.S. The key is to become literate in the various banking laws and regulations (or pay someone who is literate to advise) and then only open the ones that are beneficial to your goals.
What kind of Card is Good for Exchangeing Foreign Currency? And where can I get it? Thanks ❤
@@DdDd-pk4pu Wise and Revolut are both good for currency exchange at low rates, but you need to do your homework. There are others like them but not all of them support all currencies. I frequently exchange Saudi Riyals into Sri Lankan Rupees and Australian Dollars, so I use both. Sometimes I need to take 4 - 5 steps to get the most favourable exchange rates.
European banks are far superior than the US banks and much more regulated and safe.
Thank you Andrew and Nomad Capitalist Team. Your hard work & research are appreciated.
May I suggest you also address the issue of closing a foreign bank account. If you die, your estate must present a death certificate. A bank in Malta told me their backlog for closing such accounts was anywhere from one to two years. If you are still alive and want to close the account, you may have to front up in person in order to do it. This is the case in Hongkong and, I believe, China.
Americans can easily open a bank account in Philippine National Bank. PNB has branches in Manhattan and California. They offer both dollar denominated and peso denominated accounts. Opening an account is easier overseas than it is in the Philippines for foreigners. PNB has branches worldwide and has a 60% cash reserve and has been open for a very long time.
They will ask you what is the source of the funds. The bank does withhold 20% of the interest for income tax and you have to file a tax return for a refund. You are still a US citizen so you are only liable for US taxes unless you have Filipino sourced income. Keep in mind that the PDIC only insures depsits to 500,000 pesos ($10,000) if the bank fails. @@omumbeejumbee
Thanks for the valuable info across your videos.
I'm still far from being wealthy enough to be a customer of yours, that said, let me share this knowledge with your other subscribers:
" Not your keys, not your crypto". Time to "diversify" in other ways. Just my 2 satoshis.
The problem with opening a foreign bank account is that US is extending its claws to foreign banks. Yes, you can open but the application will you ask you questions that it is impossible to hide that you don't live there (even if you have dual citizen) and then there is a disclosure that your information may be sent to the US government especially if you are a US citizen. If you agree, that is fine. It used to be that Swiss banks and Cayman banks have very strict secrecy laws but not anymore. Only a very banks does not bow to US pressure like banks in Singapore, the only problem is that US banks (mandated perhaps) do not have banking relations or will not have bank transfer from Singapore. Also, if you keep receiving money from a foreign bank, the US bank will flag you for a very vague reason and just get surprised that you get a notice that they will close your account at the end of the month.
Exactly what I’m worried about. I just want to have like 5k in an offshore account that nobody knows about just in case. I’m fine with flying to Cayman to open an account and deposit so that there is no wire transfer. I just don’t want to declare it in the US as this jeopardizes the reason for having an offshore account. Also it’s none of their business.
If you open an offshore banking account, can you get a tax number for that country?...if you die who wraps up your financial matters?..must you put down the names of a next of kin?..if a child is under age, does the bank act on behalf of the child, or must you appoint a person to do so?...would your money automatically go into a trust account?
Those are the very reasons why you should have at least 3 different offshore accounts in different jurisdictions. (Always have backup plans.)
I love videos like this! Super functional.
Glad to hear that!
If you live in the UK have an isa I would extremely strongly take notice about what the government is talking about taxing them.
What's the list of the 50 strongest bank accounts?
Yeah , where is the list??
You can google that.
You could type this same question on Google and know it already.
trust google?
Strong in which way everyone looking for different criteria in their bank account
yeah, from what I've seen in banks around the world, if you a have bill or contract stating, that you'll have recurring expense in a country, on you, you can usually open a bank account in retail banks.
I was surprised you mentioned Andorra. I currently find myself trying to set up a bank account in Andbank and it is a very slow process. I am from Spain.
I heard that they don't like to deal with Spanish or French citizens.
@@JazenValencia all the opposite
Can I Help You? My Friend is a senior executive from andbank🙌
He is spanish living in spain.. I charge for this😇
@JazenValencia
To me Brazil is the easiest to open an account in. All you need to to apply for a CPF number (similar to social security) and anyone can apply for it. Takes about 2 weeks and then you pick up your card in person and go straight to a bank. Easy. I have helped many friends do this. ❤
Which particular bank do you use in Brazil? I wanna know so i dont end up putting my 💰 somewhere it’s not protectedb
@@A1_Amir NUBANK and Banco do Brazil
Thank you for this
Thanks for watching!
Hi Andrew- how about a video on setting up an offshore account in El Salvador?
I was going to open an offshore bank account... Until I saw the bureaucracy involved... I threw the paperwork in the bin.
Sounds like something I would do. With my luck the foreign government would seize the account or go to war and cut it off.
I'm under pressure to grow my reserve that currently holds about $500k. I'm down by 20% already following the crash and I fear I could lose more.
It's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan
It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say l've made more progress within a year generating 6figure profit.
That's truly remarkable. I hope you don't mind pointing me towards their direction.
She's 'Olivia Maria Lucas' The best I've seen so far. Simply do your diligence.
Out of curiosity I looked up Olivia on the web and I have to say her Credentials are really Amazing.
It's already hard enough to keep 2 or 3 and pay those expensive maintenance fees...So really no need for 50 or more...
What about accounts like Wise or Payoneer?
FATCA could be a thorn in the side of opening bank accounts in giving jurisdictions
Thank you so much Andrew!!
Why not just use Bitcoin?
Thanks for the video brother
Swiss quote bank ltd Is more than possible to get with almost no capital
I got it with less than 1000 bucks
It's a trading platform but also a bank
Just had to send a small international payment from my Brittish bank account to activate it.
With obviously my ID documents etc done online
Also they offer virtual debit cards etc so can pay with nfc and free local sepa payments
Can store numerous currencies aswell
So it is possible to get a swiss bank account with literally no money
Off shore bank accounts have one big down side. You have trouble bringing in that money again to western countries that are not off shore.
Can you recommend a good tax accountant for an expat
www.nomadcapitalist.com/apply/
Great pound for pounds discussion. Easy to listen to and information dense
What would you suggest for just keeping dollar from 10k to 100k and maybe the option to buy S&P500 if I'm a Hungarian resident? I'm afraid my government will crush our currency and might force the population to exchange all foreign currencies back to Forints similar like in Argentina.
"Your government" is EU and "your boss" is Christine Lagarde and they will crush "your currency" (euro) very soon.
And Argentina has always been a communist sh*t show and forever failure.
yes, preferably with an overseas broker
I'm at work but I'm saving this for later. I've been needing to do this because funding my illegal gambling account is a pain in the ass. Plus I might be able to escape paying taxes to Uncle Sam hehe
Thank you Andrew!
I'm not surprised with Switzerland's arrogance with bank management. They're arrogant even with us citizens.
They're arrogant with many, but "even with US citizens"... US citizens are the last people most banks want to deal with. A Singaporean bank would far rather deal with a wealthy Indonesian free from regulatory baggage and with a clear regional interest in Singapore than an American who lives far away. The idea that Americans are the creme de la creme to international firms is a figment only of Americans' imaginations.
@@nomadcapitalist By "us citizens", I meant "we Swiss citizens" but yes, I agree with your reply.
I have looked into opening a USD account in Equador remotely to obtain higher USD interest and lay the foundation for a reaidence permit or citizenship. I have been successful finding such an account. Anybody else have success at this?
I've only got one in Thailand. There were difficulties opening it with my wife.
It was easier opening an account with bangkok bank in the 90s. The good thing with places like Thailand is that you don't need a bank mostly. Cash and gold.. .
Once my investments take off I'll cash some in and take money out of Australia. I'm getting tried of the bullshit here.
In australia ? What is wrong with their banks ?
@@user-Marketing1 control
@@nocomment4848 it wouldn't surprise me but I have and still move around in the 'freedom' groups. I can't say that I've heard of anyone's back account being closed. There's no doubt that with some pressure the banks would do the same as in canada.
I'm also politically active, more in a mainstream way and I do know that what's coming and been happening is purely the fault of the Australian people. I know a lot don't like that reasoning but it's completely reasonable to say that.
I'm direct to a wealth enhancement program where returns are phenomenal
I am in Asia for at the moment but I can't find a bank in Singapore that will open an account for an American. Suggestions? I prefer Singapore.
The problem is not really Singapore or such and such country, it's the US that doesn't want it's citizens to have bank accounts abroad because the US government cannot control them so they put some hefty fines on the foreign banks that don't follow the US regulation of so foreign countries don't want to bother with Americans.....
I think you're right. The issue is what to do? I am horrified with what is taking place in the US today. I am a resident of Portugal but I don't want to spend five years there to get a passport. I like Asia better. @@Carolinapetroska
What countries has good banks with high apy om euro? Tjat you could open from another euro country? I found german banks but they only allow german citizents
are there ANY banks that can be trusted ???
In Azerbaijan I heard since last year open bank account without residency permit is not possible
In Singapore, DBS bank has terrible service this year...they suffering from shutdowns for hours or even 1 day
do you use Wise?
Can you name some good Singaporean 's bank where it's possible to open a retail checking account without being a resident, and avoiding to go there to open it up
Citibank
HSBC
If you open a bank account in a country that requires you to have a residency permit do you get to keep it if your permit expires and you no longer live there?
Loved the vid! 🧠👌🏼
Thank you!
I'm a US citizen. I went through hell to open a UK bank account.
was it due to FATCA ?
@@FJF119 I don't know. Just their laws I guess.
How do you handle the online banking aspect? Keeping multiple phone sim cards for sms security can be a hassle.
Sure you can open all those bank accounts, and deposit in them.
The REAL question is: will you *always* be able to withdraw from them?
As soon as the share market bounces back ill be cashing out. Good to know I can trust banks with my money 😂
Good luck if you're a US citizen.
I AM where I'm treated best
Great content. What are your thoughts on Hong Kong?
Can we live in KL & get the salary into a US Wise account from our own company in Ireland? For cash withdraws from ATMs would it be better to do it from Singapore?
What about if I have a US registered company and want to register, say, in the EU.
Could I then get a bank account in the EU entity's name, for example?
It’s not about hiding money. It’s about not having all you assets in ONE jurisdiction. What I have is no one’s business.
To me Brazil is the easiest to open an account in. All you need to to apply for a CPF number (similar to social security) and anyone can apply for it. Takes about 2 weeks and then you pick up your card in person and go straight to a bank. Easy. I have helped many friends do this. ❤
Thank you.
All real wealth is produced from energy and time. You can never go wrong with this guideline.
The tool we use to measure and represent it should not differ in properties
Andrew please cover the new book, The Great Taking
Great idea. It does bring up a lot of concerns with stock pooling and bad laws.
Who can I contact directly in Singapore to open an account?
You can contact us through this link: nomadcapitalist.com/apply/.
Yes, I have already connected there.@@nomadcapitalist
when you compare these bank accounts you mentioned with creating a self custody Etherium wallet feels like you are talking about dinosaurs.
Time to put this little funky $20.00 in the offshore account.
Great video. Thanks.
Thank you!
Love it!!!!!!!!!!
What about credit unions in other countries outside of the USA?
Hi Andrew, I will be in Australia for Christmas, currently living in Spain. Can I just walk into the bank and open an account? I'm a non resident but have an australian passport.
Thank you for your comment! Feel free to reach out, our team will be happy to discuss your case: www.nomadcapitalist.com/apply/
For all that you don’t have to open an account just trade the currency instead of watching everything deflate
Andrew, hi.
What is the cost for bank account opening service in georgia through PoA? I am a resident of Dubai currently, thank you!
Hey, this video might be helpful for you: ua-cam.com/video/j7r8wMgnCUs/v-deo.html
What is the fee to open a Georgia bank account remotely going through Nomad Capitalist? I was planning to go in June/July, but if it's cheaper to go through this process via DN, then that's interesting.
Sure, you can reach out to our team through this link: nomadcapitalist.com/apply/ They will be able to provide you with detailed information about the fees involved in opening a Georgia bank account remotely and guide you through the process.
I have a friend in Mexico that wants to put his US dollars into an Argentine bank because he's going to make millions of pesos. I'm trying to find out how to say psychotherapy in Spanish.
😊
Jajajajajajaja LOL
Saquen la camilla qué no aguanto más risa 😂😅😊🎉🎉🎉😂😮🎉
I always like when you spoof those Lichtensteinian private bankers! Ps Why does Canada restrict Americans who are non-residents from opening retail accounts?
Hi! If I have an llc in a foreign country, do I have to pay us tax on it
Ty
There's a liquidity crisis Brewing right now and the media is being quiet about it here in america. Everybody is selling off bonds which is never really happened at this scale even JPMorgan is selling their shares in the market. Looking like a full on banking crisis coming soon, could be a bail in this time where they lock up our money and credit instead of the bail outs of 2008.
Hey Andrew, I'll be visiting Georgia next month and wondering which bank would be good for non resident retail banking?
Hi, you can read our blog about it: nomadcapitalist.com/finance/offshore/banking-in-georgia/. Enjoy your trip!
@@nomadcapitalist thank you so much! I'll look into it tonight!
Use cold crypto wallet. Put your USDC OR USDT. use your crypto cards. You dont need banks…go bankless..
Anybody can mention bank in Singapore where they will let you open an account with US$ 50K?
Bitcoin cold wallet/s sound far simpler than bank accounts.
But there's now automatic data exchange with many countries which means tax authorities in YOUR home country will be notified of your account details in another country and in some cases this is enough for you to start getting serious problems. So something as innocent as opening such account in a "friendly" offshore land will put you on the list right next to very serious offenders in all sorts of categories.
how difficult is it to open a bank account in Singapore with say $10k-$30k deposit as a non-resident?
You can learn all about it from this video: ua-cam.com/video/VmWiAlUfV3s/v-deo.html
Open a acc in Panama and us this for ur daily life
Why do you need 50 bank accounts?
I always love you and your content. And Bravo for being your expressive self rather than subscribing to the imbecilic hand clutch that swept all forms of media. 😊 // Where /which bank would you recommend in Eq for surety?
Why not just buy and self-custody crypto
Do you really must declare offshore account? Obviously the reason I want it so no one knows I have it. It just would give me a peace of mind having some money in case my future marriage goes south.
You will still need to wire money from somewhere
@Aldeel Ollah sorry for deleting my initial comment on how banks can act as brokers on your savings if you are under 35. My response to your response that ‘Nigeria has no banks ‘ is In Europe and America where most people use credit union accounts aren’t real bank accounts actually they’re only loan extensions powered by one credit union or the other and in Nigeria Gold standard banking is mostly what is practiced which in which case any person will achieve full inclusion at ~age 35 which is when an individual can achieve frozen interest rates peculiar to a person age 35 and over which is why a person’s 20’s are most important as financial destiny is counting.
what banks in UAE allow me to open bank account without resident visa?
It’s not allowed
Thank you so much! ❤...i have a question?... I live in USA if i go to Bahamas which is a Common Wealth Country they have Common Wealth Banks Can i Exchange a Common wealth currency if that country is a Common Wealth Member?? Example Zimbabwe or Venezuela? How much money can i travel with legally? And is it Legal to do that? Would they put the exchange in USd dollars if i ask? THANKS ❤
Since when did Venezuela manage to get into Commonwealth?
Can u give me one i can open to get payments from Turkey?
Why does the government need to know that I have a foreign bank account?
FATCA is a law that mandates foreign banks to disclose your bank account(s) enacted 2010 .
@@SpectralAI
Long story short… Taxes
Because the government has become our jailer.
Because they want control
Andrew, Thanks for this incredible information. Where can I find the Top 15 Banks in the World?
You can see this video here: ua-cam.com/video/HTKNXelF8Sk/v-deo.html
Right at the top.
sir is the beneficiary need to pay the opening of offshore bank account? and how much the cost do you think.
Extra bank account means extra costs 😂😅
I burn the Sun so kindly suggest which Banks and Countries would mine my Bank balance
Or wait and just use bitcoin
aren't all banks worldwide failing?
I like your overtop. brand name ?
Hello, I have a question, and I hope you can help me. I live in Brazil, and I recently received a large amount of money, over 5 million dollars, and I want to move to Dubai. Can I transfer all this amount from my Brazil bank account to my Dubai bank account?
Thank you very much.
Nigeria has no bank.
They still report it to the US yearly though
Who is your attorney?
OUTSIDE THE CENTRALS .........NO SWIFT CODES