Category: Analysis
Ever tried to open a bank account in Hungary? Picture this… You walk into a bank branch in Budapest. After talking with 7 employees in broken Hungarian, you find an employee that speaks functional English… his name might be Zoltán. You tell Zoltán, your new Hungarian banker, “I want to apply for a basic savings […]
There’s a lot of confusion over how to open a Polish bank account for non-residents these days. In fact, many foreigners are getting rejected from Polish banks unnecessarily because they don’t have the right information, know which branches to target, and aren’t sure who to contact. In other words, most people are flying blind when […]
Ever considered a Vanuatu bank account? Most haven’t. But, in certain situations and for certain people, Vanuatu bank accounts are highly sought after. For others, it’s the opposite. In this article, we’re going to explore the Vanuatu banking scene, the pros and cons, what to watch out for, and how you can take advantage of […]
Today, offshore banking in St. Vincent and the Grenadines has taken a backseat to unregulated forex brokers, cheap banking licenses, IBCs, and bare-bones regulations. And it’s just another example of why you need to be careful. Corporate service providers and bank introducers promote horrendous banks in dangerous banking jurisdictions without a care in the world. […]
Isle of Man bank accounts seems to be enjoying a surge in popularity and for good reason. This tiny island in the middle of the Irish Sea has established itself as a stable and transparent financial center with a lot to offer non-residents and corporates. In fact, it’s now a favorite banking destination for third-country […]
If you’re looking for the best bank for a BVI company, then you’ve already stumbled upon one of the greatest secrets in the offshore industry… BVI companies are like Delaware Corps but on steroids. They pay nothing in taxes. They’re easy to run. And there’s no special reporting or annual audits. Plus, there’s the added […]
Thirty minutes from Miami sits the Bahamas. 700 little islands, on the same timezone as New York. It’s dotted with bankers from old aristocratic families with wildly interesting backgrounds. People here understand the offshore world and they’ve seen everything. Need a trust? Want to buy a bank? Need to invest your nestegg? Or figure out […]
When it comes to international banking, most people don’t think to open a bank account in Andorra. And for many, that’s a missed opportunity. Andorra is a tiny, landlocked microstate sandwiched between France and Spain. It’s known for skiing in the Pyrenees, cheap cigarettes, and low taxes. Duty-free shopping is a sport here. Literally, 11 […]
Welcome to Liechtenstein, the biggest offshore banking hub you’ve never heard of. Liechtenstein is a tiny principality, sandwiched between Austria and Switzerland. It’s small. You can walk across it in two hours. And only 36,000 people live here. On National Day, the prince invites the entire country to his castle for a cocktail reception. Liechtenstein […]
If you’re looking to open a bank account in Europe as a non-resident, you’ve probably noticed that it’s getting increasingly difficult. And the reason is pretty simple: non-residents (especially those with no connection to the country that they intend to bank in) are considered to be “high-risk.” Regulators, governments, and bank compliance everywhere are waging war […]