“Can I Keep My Bank Accounts When Moving Overseas?”

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 74

  • @robinsattahip2376
    @robinsattahip2376 2 роки тому +19

    I kept my US credit cards and checking account simply by using my brother's address, which is in an affluent zip code. It's worked for 17 years. I do all transactions and payments online anyway. Please see update below.

    • @benkim2016
      @benkim2016 2 роки тому +2

      Been doing that since 1995. US credit cards are more flexible and good for disputes as well!!

    • @robinsattahip2376
      @robinsattahip2376 2 роки тому

      About 2 weeks after I wrote this I got a letter from the California Franchise Tax Board demanding to know why I have not filed an income tax return. I've sent copies of my Thailand residence permits, all 17 of them to my brother who is a CPA and he is dealing with the bastards. I hate California. Don't know if this will be a simple resolution or a court case. I do not have an American drivers license and spend no more than 30 days a year in the US mostly in Oregon and Pennsylvania. I'm angry enough to be homicidal.

    • @yosefmacgruber1920
      @yosefmacgruber1920 5 місяців тому

      @@robinsattahip2376
      I would think according to the 4th Amendment, it is none of their business.
      I call it commie-fornia.

    • @afriendabroad2083
      @afriendabroad2083 2 місяці тому

      ​@@robinsattahip2376 what happened?

  • @Imhim247
    @Imhim247 2 роки тому +7

    This video is important to me. When I move to oversea. I just want a account I can wire the money from USA without any problems. Thank you!

    • @Imhim247
      @Imhim247 2 роки тому

      @@anonymousdonor8084 My plan is in Serbia. So, Asia is way out of my league, yet I like it there. I am going to visit there soon

  • @lordjael
    @lordjael 2 роки тому +3

    I reside in Brazil and Germany and couldn’t give not a care less about any US accounts I have. Renouncing soon. 🤙🏾

  • @demri123
    @demri123 2 роки тому +5

    Interactive Brokers!! great international brokerage

  • @ericeverson5956
    @ericeverson5956 2 роки тому +7

    100% correct on this video. They are a real pain to deal with, which is kind of an ad for Crypto:) Thank you, Andrew. PS....Do we get to see the highlights of Mexico City? Unrelated, love the video's that the ladies are doing as well as your own, of course:) Peace now.

  • @harsharao3555
    @harsharao3555 2 роки тому +11

    Charles Schwab has dedicated international client division for US Expatriats.

  • @enjoyslearningandtravel7957
    @enjoyslearningandtravel7957 2 роки тому +3

    I had a possible problem with the bank when I was a resident overseas in Germany and I am a US citizen.
    I wouldn’t have chosen Germany for a low tax country but I was there for other reasons but a US Bank said something like I need to fill out more papers if I’m going to stay there longer or they might get rid of me, I forgot exactly what they said because this is around five or six years ago. I ended up moving back for other reasons but just to let the people on the forum know sometimes some US banks are going to be harder to work with and others which I guess basically was said on the video

    • @enjoyslearningandtravel7957
      @enjoyslearningandtravel7957 2 роки тому +4

      These papers do not have to do with, by the way, the IRS or FATCA I had filled up all the legal papers I needed to fill out.

    • @1439315
      @1439315 2 роки тому +1

      Opened a bank account in London while living their for 6 months 1994. It was as casual as ordering a sandhich then.

  • @thefluffyfrog
    @thefluffyfrog 2 роки тому +6

    Interactive Brokers!

  • @samnathan7399
    @samnathan7399 2 роки тому +3

    Keep money in a td account. I've been living panama and commuting back to delray beach...no problems so far. I've not renounced my citizenship though

    • @enjoyslearningandtravel7957
      @enjoyslearningandtravel7957 2 роки тому +1

      Do you have a US address? Maybe that’s the reason you don’t have any problems with the TD account

  • @CryptoMindSet
    @CryptoMindSet 2 роки тому +6

    good stuff Mr Henderson👍😀

  • @thomasinatafur4479
    @thomasinatafur4479 2 роки тому +6

    When I lived in KSA, TD Ameritrade insisted on an American address. Just FYI

    • @enjoyslearningandtravel7957
      @enjoyslearningandtravel7957 2 роки тому

      Wow! What does KSA mean what country please? And by the way TD Ameritrade was bought by Schwab now. I don’t know if the regulations are any different from TD Ameritrade.

    • @thomasinatafur4479
      @thomasinatafur4479 2 роки тому

      @@enjoyslearningandtravel7957 KSA is for the Kingdom of Saudi Arabia. I'm aware of Schwab taking over TDA. I'm in the process of researching now and will probably add IBKR to my portfolio to address future moves

    • @jackieboy1593
      @jackieboy1593 2 роки тому

      Just use a mail forwarding service and use their address,

    • @enjoyslearningandtravel7957
      @enjoyslearningandtravel7957 2 роки тому

      @@thomasinatafur4479 thanks for the information I’m glad you explained what KSA stood for.
      Yes I see you’re aware of the takeover but not everybody on this video may know that. Now I have to ask you what doesIBKR stand for?

    • @DianaLevine-t1b
      @DianaLevine-t1b Рік тому

      ​@@enjoyslearningandtravel7957ibkr stands for interactive broker. They apparently allow us citizens living abroad to trade from overseas

  • @maxwelltreasure5027
    @maxwelltreasure5027 2 роки тому +1

    What did the add say about travellers cheques, “don’t leave home without them.” 🤔

  • @sprezzatura8755
    @sprezzatura8755 2 роки тому +8

    Will you be discussing the brouhaha at paypal?

  • @toddhayes3506
    @toddhayes3506 2 роки тому +4

    Great Job Intelligent

  • @VittoShulman
    @VittoShulman 2 роки тому +1

    ING closed all accounts because they left US market at all, they sold their CC and brokerage business and left US I assume because of regulation issues.
    I had ING and loved was very easy to use.

  • @maddog1738
    @maddog1738 2 роки тому +1

    I'm a retired person with a modest pension and about $1million in equity before taxes and sales fees. How do I get out of the U.S. and have enough left over to renounce and be free?

  • @westleywest7259
    @westleywest7259 2 роки тому +6

    Andrew, I’m a US citizen (born) and I live in Italy. In a few months I will give up my US mailing address. Some financial institutions won’t accept FULL paperless or a P.O. Box as a residence address.
    What problems might I face, and what are alternative (secure) mailing address options?
    Thank you.

    • @Star-wd5en
      @Star-wd5en 2 роки тому +4

      UPS offers this service. You would just list your mailbox number as a unit number similar to if you lived in a apartment/condo.

    • @westleywest7259
      @westleywest7259 2 роки тому +1

      @@Star-wd5en Wow. I didn’t know that! Thanks…

    • @westleywest7259
      @westleywest7259 2 роки тому

      @@claythomas359 Excellent info. Thanks!

    • @fumble_brewski5410
      @fumble_brewski5410 2 роки тому +4

      Find a dependable mail forwarding service that allows you to use their physical (U.S.) address. Such can be rented for a modest monthly fee. If you really want to cover your tracks, fill out a permanent change of address (USPS Form 3575) with your local U.S. Post Office, and show your new mail forwarding location as your permanent official address. Just make sure to keep your new address paid up fully with the mail forwarding service, preferably 1 year in advance. Saluti e buona fortuna.

  • @Mytrix0
    @Mytrix0 2 роки тому

    Would love to hear more about this topic.

  • @Sammyjane72x
    @Sammyjane72x 2 роки тому +3

    I have Romanian nationality (and UK) and a RO passport, can I open a bank account in Romania without being a resident there

  • @kennethroth6757
    @kennethroth6757 2 роки тому

    My sad uses bank of the west it uses to be a French owned bank and u could use it international

  • @faramarzmokri9136
    @faramarzmokri9136 2 роки тому +2

    Can a US citizen open a brokerage and or a bank account in Switzerland? If so could you name a couple of them?

    • @eppsislike
      @eppsislike 2 роки тому +1

      Only if you're residing or if you have a business registered in Switzerland.

  • @boradooly
    @boradooly 2 роки тому

    I am currently living in the US but also have real estate in several parts of Europe that I am planning on major improvements and selling. Do you know how to get in touch with an English speaking real estate person in poland? Wondering if your company can help me.

  • @caroldanson5476
    @caroldanson5476 2 роки тому

    I am a Canadian citizen with TD and they have a bank in NYC so I think I am okay.

    • @edwarddufour6503
      @edwarddufour6503 2 роки тому

      Hi Carol, I'm a Canadian citizen and as soon as I changed my address to the country of Georgia TD locked my trading accounts. I couldn't sell or buy anything on Webbroker. My normal bank accounts were not locked just the trading accounts. Check carefully with TD. Ask someone there that knows something and by email would be best.

    • @caronridge6912
      @caronridge6912 2 роки тому

      In the past year or so, TDDI brokerage in Canada suddenly stopped serving Canadian citizens living overseas, including those who'd been with TDDI for many years - even for registered accounts and locked-in profit sharing accounts that the govt wont allow you to close until age 65. That happened to me. BMO Investorline did the same a decade ago - froze the accounts and told you to move them within sixty days. AFAIK, the only Cdn brokers that still work for canadians who move overseas (non-res) is Royal Bank, National Bank, HSBC, and Questrade. I have all those and they still work for me. Note: you CANNOT open any Cdn brokerage account after you go non-res; you MUST open & fund them before leaving the country.

  • @ericeverson5956
    @ericeverson5956 2 роки тому +1

    Love the globe @ 8:17.

  • @tomrusack3266
    @tomrusack3266 2 роки тому

    Anonymous internet, moving away from credit cards that track you, crypto they’re all options but the international personal finance space is evolving and chaotic at the moment. As demand for these services picks up things will change, money talks and somebody somewhere will respond.

  • @lvgroup6537
    @lvgroup6537 2 роки тому +10

    If anyone decides to expatriate, avoid EU countries and the US, UK as well, take your bank account with you, because a lot of EU countries have added draconian laws to seize your bank accounts. Just think for a moment what they have done to the Russians. They have stolen their yachts, bank accounts and their properties as well. Expatriate to countries that are not part of the EU if you want to keep your wealth. Do your research regarding your expatriation..

    • @sphinx11982
      @sphinx11982 2 роки тому +1

      Yes. Like El Salvador

    • @lvgroup6537
      @lvgroup6537 2 роки тому +1

      @@sphinx11982 I didn't know that "El Salvador" was the only country in the world??? former congressman Ron Paul said, in a speech in 2014, 90% of the global population are dumb and stupid! He was 100% right! You really proved it, to me!

    • @thebizness5596
      @thebizness5596 2 роки тому +3

      Any government in any country has the power to do the same.

    • @sphinx11982
      @sphinx11982 2 роки тому

      @@thebizness5596 yes but it will depend which one is convenient for you

    • @lvgroup6537
      @lvgroup6537 2 роки тому +1

      @@thebizness5596 But, not any government is stealing people's properties! Only "FASCIST and MARXIST" countries like US, UK and the EU!!! These countries "Motto" is; "Let us help you invest your money", but guess what, once they have full control of your money they will use all types of schemes to steal your whole entire wealth and they will use draconian laws made up by these Fascist and Marxist governments as an excuse to steal all your wealth. Stay away from the US, UK and the European Union countries, if you want to keep your assets, wealth and property safe. Speaking of seizing assets, the giant US, UK and the EU central banks are already stealing money out of private citizens' accounts with the next massive redistribution of wealth reset button, only instead of tax-funded bail-outs the globalists have already devised economy collapse contingency plans with draconian legislation authorizing banks to bilk billions of bail-in dollars that's already begun. With a gambling debt of $1.5 quadrillion in global derivatives being racked up by western criminal banksters, their latest capital offense crime chapter in grand theft planet is already well underway.
      In case you've been asleep all year long, it's time to wake up.

  • @1439315
    @1439315 2 роки тому +7

    Visual around the 4 minute mark; earth is NOT a 'ball' (spinning) through space. IF your planet was spinning at the (lied about) spin rate; how would your airplane or helicopter take off or land? -Surface of the whole is flat.

    • @rivenoak
      @rivenoak 2 роки тому +1

      uuuh 😆
      for planes and heli: air moves around same speed as the imminent ground; sometimes crosswinds occur to make a landing/start impossible for real.
      also be aware: the spin is one revolution every 24h. your analog clock's hour indicator moves twice as fast as earth on equator !

    • @one3y3jack
      @one3y3jack 2 роки тому

      @chronicreader keep spinning

    • @one3y3jack
      @one3y3jack 2 роки тому +3

      @@rivenoak that sounds ridiculous. So what, the air is spinning with the ball like it's stuck to it? Time is 2x as fast at the equator?

    • @rivenoak
      @rivenoak 2 роки тому +1

      @@one3y3jack yep air moves with earth.
      nope, the analog clock's indicator moves twices as fast as equator; learn to read

    • @rivenoak
      @rivenoak 2 роки тому +1

      @@timothysmcnamara5925 nobody pays Henderson unless you purchase books or consulting time; the vid is 4 free