What is An Offshore Bank Account?
Вставка
- Опубліковано 4 лют 2025
- nomadcapitalis...
There are some common misconceptions about offshore bank accounts, based on information given by politicians and media of certain countries.
The reality is that offshore banking is not about "hide and seek", but could be a way to more stability, more wealth, higher interest rates, as well as more investment opportunities.
Simply put, it allows you to diversify your options and take control of your own money.
-------
ABOUT NOMAD CAPITALIST
Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
Work with Andrew: nomadcapitalis...
Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
About Andrew: nomadcapitalis...
Our website: www.nomadcapit...
Subscribe: www.youtube.co...
Buy Andrew's book: amzn.to/2QKQqR0
DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
I don't make enough to have a decent on shore account lol
Michael Anderson Watch this: ua-cam.com/video/gcI85WkFUxA/v-deo.html
Michael Anderson lmaoooo
Same 😂
Thank you for this video. I obviously had the wrong impression of offshore banking. I am now informed correctly and accurately.
Glad to have you, Corey. Thanks for your feedback.
Like I always said, Singapore & Caiman island were and are still my top choices for banking & living!
@Murat love Not in the case of Caiman Island!
Offshore banking/ ktt
Pro tip: don’t offshore bank in Iraq, Afghanistan, Syria, Iran, or South Africa. Lol
Robert Weekes no shit🤣☠️
Are you afraid that all this countries are going to kill the jewish economy in israel ?
Or get poke.
Why??
Because maybe America will come bomb the shit out of the country "shock n awe" under democracy and steel the profit?
It's that spot in your room where you keep your money from banks
Nobody envisions cash washing up on a beach.
Ron Mecham I was thinking the same thing.
Lol exactly! That was dumb!
Precisely
Exactly
Probably just a joke
2:30 sounds good, starting my entrepreneur journey... tired of being tied down.
More options is good.
I’M JUST TRYING TO NOT HAVE TO PAY TAXES
Tough
Same.
Yeah me too. You guys into it already? It would be cool if I could dodge the high taxes in Australia and have this loop hole where I don't have to pay back my Uni fees cos I'm not making any money in this country. But I'm still able to go to the gas station and buy a Snickers to really satisfy my hunger.
Where are you from and what's tax
Could you please give me some information about offshore bank in Honolulu, Hawai, the USA?
2:05 Tax Haven
2:13
2:23 Offshore Banking
3:25
4:24 9.1% banking
4:44
No. I don’t think anybody has that idea of an offshore bank account.
Ladarius Deary Haha I said the same thing to myself when he said that nonsense.
Hahaha yup. I was looking for this comment.
Excellent vid😎👍Thank you. I've had a few, all good. (Bangladesh, Macau, HongKong, Maldives, Jeddah, etc)
James Bradley Glad to hear it!
What is jeddah
Well you could have an offshore account in the Bahamas 🇧🇸 because it’s tax free
Being a South African citizen I agree with you its a bad ideas to do so
High interest savings is better than stock market risk
Bigtruckseriesreview Motorsports not really pal
I dont know about that. You would earn more in the stock market in the " long run".
They both have their values. But if we are talking about putting money away and saving it for a very long period of time then the stock market clearly wins.
games i'm shit at till it doesn’t
games i'm shit at till it doesn’t
Higher interest rates sounds very appealing!
Why can't everyone have one tho. Be nice if banks where decentralize
No, people don’t think it’s money by the shore. most people think an off shore banking account is a criminal used bank, so the government can’t touch it.
Stephan Berns the government is the main criminal
Bison is right. they are not ghost banks, just have a diferent tax ruling
My offshore bank account is in a shoe box digged in grandmas backyard. I ain’t trusting no scumbag in Switzerland with my money
I can hear this said in Bender's voice so clearly.
SHALOM and bles Mr Andrew thanks for you información.
Let's not conflate "honest" with "law-abiding". Don't get me wrong though: minimizing the money government gets its hands on is a humanitarian service in and of itself.
It's a bank that is located on a beach
What I do with my money after paying the taxes on it, no ones business! PS: Death taxe is a way bigger government crime!
Put it in a trust?
Just get a trusted broker that can help you, I invest in international stocks with the help, guide and expertise of a fiduciary Mr ravies benjamin. this is the best way
I saw his name while researching on investing, sure has a reputation where is he located and how can I get in touch
@@Ahmad-b9q5x thank you very much sir
I subscribed but nervous about giving them my money and getting Bernie Madoff’d.
Lol 🤣
Hi Nomad, I enjoyed your video.
Do you have an opinion on Kinesis or Glint?
Great video I liked it nicely done
Glad you enjoyed it!
When having an offshore account does it cost alot to transfer between different countries also time scale if you require your money incase of an emergency? Great video thank you.....
Maybe keep an emergency fund between $500-a years worth of income on shore and easy to acess
Thank you so much for this educational video!
I want to open up a business in the Philippines. What would be my best option to an offshore bank?
If they treated best in a different country, then maybe they should do business in that country instead..? They make money in a country that gives them best opportunities to do it, but they don't want to pay back their share. Sounds dodgy.
And what if you do want to keep your money private and earn higher interest rates abroad? Im constantly getting asked to show proof of funds - it's very annoying. Everything is legit but annoying.
Very informative thank you need this.
5:31 biorcrads got me😂
Thanks for the information.
Thanks for sharing amazing video,xxcc
my offshore bank is in MOGADISHU 🇸🇴🇸🇴
Mohamed Mohamed Somalia is not safe
Thank you for sharing such wonderful information. It’s really opened our eyes to what one should do as a digital nomad. I think you mentioned before in an other video that the couch surfing when opening accounts is potentially more expensive and problematic. I just watched a video about an Estonian e-citizenship. Would love your thoughts on this. I can share with you the video that I saw discussing this if you like
Thank you, we will consider it! :)
I like this guy.
do you think offshore banking gives the opportunity to those people who use it for laundering money from least developing countries?
btw, thanks for your video
To open an account in the USA wouldn't this require you have an address in the USA?
No , You can be foreign person and have visa B1/B2 and open an account though
Thanks a lot,
Nice 👍🏻
what do you mean by "earn interest" on the money? don't savings account have really bad/low rates
Please give me more insite on bonds.
sennadasilva11 this made me laugh
All the politions have offshore account to safe black money my friends
May I ask do you know if any other over sea off shore bank need to pay tax to IMF first before transfer any money to other bank otherwise they will terminate the transfer and might need to confiscation of funds to the treasury department by the Tax Agency. This is the problem I am encountering now. I am so worry that all my money will be gone.
Thank you for all your videos. So grateful for your knowledge.
Im learning how to run a business so nothing coming in yet, selling my home in Aus as I cannot manage the interest rate, could I get some advise around putting some of the money into US account, high interest to help me buy in costa rica and get on my feet.
You're working in HK?
I have $805 in my savings acc it will be mostly gone by next payday. I will never need this advice 😔
Conspiracy Bear That’s funny. But you make strike it rich one day.
Damn... $800 is a shit load
Yea $800 is lot of money but even I come home every day trying to work on my own thing to use in trying to get a better life, I get less than $500 per month and get to keep very little but your day job is just a source of keeping a roof over your head and keeping you in societies sirculation but after you are done with work you go home and work on what you love and are good at and that will take you places.
Same well not even 800 lol 😂 still hadto pay shit
@@zenderiangaming259 thats sad. I hope for u someday u find a job or some type of work that will makr u happy or atleast satisfied
What is your opinion about BVI company formation?
‘i think a lot of people’ 😴
Ok but how do you open one up legally
Wonderful Information Will Do!!@@!!!
Is singapore and hong Kong a good place for offshore account?
Do your research
Question: if I put my 💰 ney in Argentina bank can I keep it in dollars and.still make the high interest rate?
Buy Bitcoin. Then send it to a cold storage wallet. 🙂
How did banking in Georgia work out for this guy?
I have a high tide bank
Dane Pacheco low tide here
@@shawnhambler #lifeguardonduty
Andrew, I´ll be working with a US company while living in Mexico. Can I get an account in USD in case my currency (MXN PESO) devaluates? Transfer my expenses each month to my local currency/bank ? Thanks, really enjoy your videos.
Is there a fee for intermediate bank that need to charge the fee for (.75%) of the payment to transfer money into US account?
Not necessarily.
Thank you for your excellent channel. I have a bank account in Jersey but am finding it's a problem with estate planning. I can't put my wife as a beneficiary thus avoiding probate and can't have the account in a trust. A will means it goes through Jersey probate and you have to hire a local lawyer. Is this the same everywhere; is there somewhere I can add a beneficiary as in my US accounts?
Hi , can a person get money from a person who has an off sure account that has been invested already
What i do is invest into stocks and other financial assets online but stocks is most effective for high profits monthly thanks to my fiduciary
Gibraltar is the best option to go offshore
What do you know about General Corporate Services, Lawyers Limited, Asset Protection Planners, and Offshore Company? Are they legit or scammers?
Money and corruption go hand in hand it always has and it always will.
Helo sir. I live in South Africa and will love to know where and how I can open an account off shore to save and pay in a little money each month. I think soon this currency will be the same as Zimbabwes, worth nothing. How do I open an acc in another country? Online? Thanx for all the helpfull info.
Hey Zeandre, you can start from here ua-cam.com/video/9bEmbBJbtWI/v-deo.html, but we also have other videos on our channel with the similar topic. Enjoy!
I live in SA too. I recently opened an account with Lloyd's in the isle of man. If course this is no good for hiding from SARS, they report it anyway, but I use it among others to receive foreign income and invest in stocks without having to bring the money into sa where the banks will nail me 20 cents on the spread plus the transaction cost.
Each country has to report the income of any US citizen they hire
A fascinating promotion of illicit capital. Offshore banking is just great. Hilarious! Not even a remote talk about inequality and new economic colonialism.
A more realistic view on that - Treasure island by Shaxson
Letta Shtohryn illicit capital?
Offshore banking/ ktt
Or just keep the damn money in your house.
ye keep 10,000 of thousands of dollars in your house money just loses value as well
Anyone have information on Pacific Offshore Central Bank
But what if interest (usury) happens to be forbidden in your religion?
Sir why u no wear a tie?
I have a nice collection of ties and sometimes I wear them :) Check out here: ua-cam.com/video/SGQvemmCnkg/v-deo.html
Ooooo look a squirrel
The channel Islands. Guernsey 🇬🇬 or sark. Great place to open a account.
Everyone needs a tailored approach, and depending on someones situation, these might work. If you are thinking about having more options, contact our team here nomadcapitalist.com/apply/
u look like Mark Webber as David Kressen hahaha
You sure you want to put your money in Egypt?
killowatra ibikio isn’t it safe?
I earn around 150k per anum as a self employed locum in the UK. Currently have a limited company set up in the UK, will this benefit me?
Faisal Khan yep
Save tax
Id there an offshore sperm bank?
Are you in tbilisi?
Giorgi Gogidze I think he’s in Malaysia..
@@Phoephoey masjid jamek KL i can saw that maybank HQ tower & Dayabumi towers left of him
There redtube I watched it
You don't need one now... Simply buy any Top 10 CMC Cryptos or BTC.
I have ethereum what u reccomend?
Jo smook
Music is so loud can’t hear what guy says
Yo me hiphop jessin enschede
Cool
Yeah bitcoin
I try it 1000 times for contact u but no response
Please avoid scammers.
The Tories favourite thing
Up the Tories
The Teenage Entrepreneur I’d rather not
Just for balance, take a look at Tony Blair and his cronies…
Should have titled the video: Tax Evasion 101
You are obvously ignorant !
It’s for tax evaders
This is the most white video I've ever seen
Bruh
Do you really need glasses?
Loool
Lollll
Life is nothing to allah the god who created us in order to work for after life and after the day of judgement
BORING!!!
Disgusting. Pay your fair share like the rest of us?
Mark Rice who are these people who are not paying their fair share.
This is lies