How to Open An Offshore Bank Account

[@Aidan_Au]

Andrew is exactly the type of man who would just travel and open a bank account!

[@Aidan_Au]

Best day today, 2 videos from Andrew on both channels 😄Thanks R&D team

[@NomadCapitalistRD]

Hope you enjoyed it!

[@mattanderson6672]

Thank you so much Andrew! Brilliant advice! I'm in the process!

[@NomadCapitalistRD]

Fantastic!

[@mixingjd]

Just wondering how foreign banks like Singapore and Thailand deal with American Trusts? Are Wyoming dynasty trusts recognized by banks in Singapore and Thailand?

[@gustavodiaz4689]

Great videos I’m a fan of

[@owent1166]

Currently in the process of opening a Georgian bank account. I like their savings and it’s a diversified place to hold my capital.

[@lucie442]

Would love to know how and what bank you chose!!

[@owent1166]

@@lucie442 Sure I went with Bank of Georgia and began an application through their website. They have some requirements that must be met e.g. employment as a contractor and proof of income as a contractor. If they are satisfied then they will either approve the application online or require me to go to one of their banks for further verification.

[@NomadCapitalistRD]

Opening a Georgian bank account is a wise move, and we're glad to hear you're taking steps to secure your financial future. If you have any questions or need further assistance during the process, feel free to check out our video on opening a Georgian bank account for additional insights: kzbin.info/www/bejne/oGjVaaqDnNN2i9U

[@martinvanbentum9196]

Tbc of Liberty square

[@TRENDORILLA]

What about offshore bank account for payments from Turkey?

[@AG-so4gl]

Kept my Malaysia accounts open from having lived there. I left 3 years ago. I will go back just to renew the Bank cards

[@tierpin]

What about online-only banks in places like Switzerland or Singapore?

[@johnrhodes2367]

How do you move large some of money from one bank to another, in a foreign country ?

[@Aidan_Au]

Over the years of watching Nomad Capitalist, we realize that you and your business do NOT have to be (incorporated) in the same country. And you do not have to bank in the same countries either. For example, Andrew lives in Malaysia and bank in Singapore. Also, having a second passport is useful because it's important to have a valid passport to do (real estate) deals. If government passport processing time takes too long, having a non-expired passport is useful to do those deals

[@jobaptist]

he probably banks in singapore to evade taxes while he talks as if its so easy to open an account in foreign country!!!

[@mjg239]

As a US citizen, do I first need to renounce my citizenship to have offshore accounts?

[@danielj3792]

What is the best way to transfer money bank to bank opening the same currency bank account overseas then change to local currency?

[@Aidan_Au]

"Nothing happens in a vacuum" "Everything is easy and nothing is easy"

[@martinvanbentum9196]

Officially Georgia complies with CRS,does it?

[@GamerFromJump]

OCBC in Singapore has an attractive looking multi-currency account; would it be hard to get for an American?

[@nayanmipun6784]

Please talk about Dukascopy bank

[@micomarinas2753]

to nomad capitalist team kindly make a video of all the banks worldwide that gives a high bank interest rates for depositors from 10% or higher.

[@stevehorn6206]

10% do not meet the theory of economic

[@micomarinas2753]

@ishouldbeonmountrushmore6831 which bank in turkey that gives a 30% interest on bank deposits? how many years is the holding period?

[@GilletteDBG]

Can you update on the Country of Georgia with the eminent collapse of the current government? Risks & Rewards.

[@martinvanbentum9196]

Idem Morocco?

[@aholegames4207]

been looking for something like this. philippine banking too strict due to money laundering creating restrictions to international transactions. cant even play poker online which was one of my sources of income

[@fliflaflu2659]

What are these restrictions? Can you not send funds out of the country or something? Live in PH and I've never had an issue

[@aholegames4207]

@@fliflaflu2659 i am a double citizen and applied as filipino citizen where my income is more internationally based as an influencer-you basically need a recognized job already in the market locally. bitcoin is also very tightly regulated for locals. playing poker as well, a lot of the payment options are closed off. im sure if you apply as a foreigner some of these restrictions are lifted, but the lack of news explaining this situation makes it very confusing how to go about this. also a lot of these bans just happened with no explanation

[@nickybyrne4961]

I thought Ultimo to be an interesting option. Especially for crypto bros.

[@MyLatinLife]

Offshore bank accounts are key

[@pg.travels]

I'd like to hear opinions on USD accounts in Cambodia... It is a USD country and has very... flexible.... laws with most things. If the banks there are safe, it could be a great option to keep money off the western radar..

[@owent1166]

Cambodia though… Lots of trouble there and their government is highly authoritarian

[@mchu7371]

it's called bitcoin

[@LittleFrenchyinBigTexas]

You barely cover South America. Uruguay in particular which is considered the little Switzerland of Latam. Not interesting from your perspective?

[@NomadCapitalistRD]

Stay tuned, it's coming.

[@CanadasEleanor]

Following

[@theanimecompletionist]

For some reason KZbin deleted my original comment. I managed to open an HSBC HK account just fine with no minimum deposit, not sure why people have trouble with that. It supports up to 12 currencies too.

[@WolfF2022]

I don`t trust China.

[@FlamencoOz]

Yeah, you are probably getting ripped off on exchange rate. At least all the banks in Australia are terrible for fees or exchange rates. I ended up going Wise and they are way better than the banks for rates and fees and I can use almost any currency. The only issue with Wise is if you need to take money out of an ATM where it can get expensive (due to bank fees) but given the world mostly does card transaction and transfers it was rarely an issue for me.

[@AG-so4gl]

WISE card

[@mohamedali9495]

Is this even legal?

[@NomadCapitalistRD]

Yes, it is.