for a personal account BoA seems to require a US proof of address

Schwab international is limited to fews countries, yes you can get the credit card but it's not a checking account, it is using Citi bank. I see it as a safe store of dollars and you can keep your funds on ETFs or stocks.

The Schwab account you mentioned would have been perfect for me as my income is from trading. I set the account up but they wont issue a Visa debit card to Australian residents. Still great information though.

Excellent and helpful video, thanks a lot! One question, do you have to pay a monthly fee with Charles Schwab?

It's great to be a non-taxpaying foreigner who is playing the system like a piano!

US CITIZENS are cursed with FACTA and tons of restrictions on banking and investment. When US non-residents get away with economic murder and pay no taxes!

myles, absolutely fantastic video the amount of actual research and experience you packed into this you deserve all the best man

Chase bank, wellsfargo? Bring business

Bro , im not a US citizen I want a bank account Objective : doing some trade online earn some passive income Which option should i go for?

Mercury needs ssn, face verification etc

I cannot find one for US Citizens living outside the US!!!!

Can someone make a video for US Citizens living outside the US

Appreciate this!

Hello Myles thank you for all the info. I just opened the Charles Schwab international Brokerage account. The tricky thing is that the customer service says that International brokerage accounts does not offer bank accounts such saving and checking but they send you the debit card. So How does this account work as a bank if they say they cannot offer bank account to non US resident?

A video on Crypto right now would be 🔥🔥🔥

I needed to see this video years ago.

I wanna make cash app : (

Thanks you bro

Can use any of these back cards to buy crypto ?

Hi there, am from South Africa and how can I open a USA account if I can open one

what a helpful vedio, thank you for you efforts

Wow 😮! U are amazing . Awesome content .

So all the question should be based on when u r 80 ? I don’t get it . Sorry am slow 😢

So I got the brokerage account open from Trinidad 🇹🇹 then I tried to link my interactive brokers to it as either a savings or checking account and it won’t work . Did some digging and the account is a brokerage account only . I did the form and submitted to get it made to a checking account so I can get the card and it’s under review I’ll update in a few business days . Hopefully I’ll be able to link it then

Wise is not good

Thank you for this .. very informative

very informative thanks !

great vid . thnx man

Could you help me? I'm trying to open with Mercury and Relay but they reject me without reason. Ive provided all documents but I cant understand they reject me. I really need to open bank account!

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm now thinking of ways to protect my portfolio worth of $800k from this bloodbath.

Who the hello would be so stupid to? They block countries and steal their money. Why should anyone outside the US trust them.

WOW WOW WOW THANK YOU SO MUCH!!!!!!!!! this is such a helpful video!

I opened a TD Ameritrade account to be able to invest in the stock market. Now that it's a Charles Schwab account I'm excited to realize I'll have more functionality. I can't wait to look into the debit card.

The moment you open a bank account in the U.S. and conduct transactions through that account, you are subject to US laws for every transaction you make, including the USA PATRIOT Act. Therefore, just be sure that your business and the people you deal with are legitimate and that you have not committed fraud. If you use money from your US bank account to conduct business in a country that is sanctioned or subject to IEEPA laws, you can be charged by the US government. In addition, you could be the subject of an investigation and never know it. As a non-resident you do not enjoy all of the rights as a US citizen and therefore are easy prey for the government if they want to get to someone you may have conducted a transaction with.

Interesting how i stumbled here, thanks Myles!

No use in mentioning credit unions cuz no foreigners can ever open a credit union checking account cuz foreigners are not in the us military or work for certain criteria jobs the credit union accepts so yea 🤣🤣🤣

😮

Your information is very nice and simple to understand. Good job 👍🏼

when I tried to get a credit card in Wells Fargo, it explicitly says in the terms that I have to be a US citizen though. How do you go around that?

Very good video , would you be able to explain re business credit card as a foreign resident? Thanks 🙏

Not Mercury nor Wise are "banks"... sorry

Can these be used with Zelle?

Well done mate, God bless you

HI Myles, thank you for this video; really excellent piece of info. Could you also let know how to trade in US F&O [not stocks], for non-residents. Cheers!

What about the apple card?

For e-commerce businesses in the USA like an Amazon seller do you think murcury bank is a good option to open a bank account I'm asking from Malaysia pls reply.

This is a great video, but most will move or attempt to structure something to save on taxes and don't consider the entire picture. Those are great points that most never cover.

why would anyone want anything to do with USA...

that's why Bitcoin is good

As a Canadian, one cannot open a personal account at Charles Schwab. I believe it is because Canadian regulations are far stricter in brokerage and banking services separation regulations.