Category: Analysis
Why might you want to open an overseas bank account as a US citizen? Well, if you travel frequently, are looking to diversify your wealth, and/or take advantage of higher interest rates, it can be a very good idea to have an international account. Opening overseas bank accounts for US citizens used to be a […]
Opening a bank account in Switzerland for a non-resident has its perks. While Switzerland is no longer the hub of banking secrecy that it once was, the country is still one of the best banking jurisdictions in the world. In fact, 30% of the world’s assets are managed and protected by Swiss banks alone. So […]
For years, one of the best practices for foreign companies has been to open a bank account in Hong Kong. The jurisdiction was very popular for being stable, offering great banking services, and being easy to get into. But over the last two years, all of that has completely changed. Since China has taken over, […]
Probably the question we get asked most often is – How to open an American bank account? This is because, in the world of international banking, an American bank account can be a powerful tool. If you’re a foreign non-resident, expat, digital nomad, or foreign business owner who deals with US dollars or US customers, […]
Are you a non-resident looking for information on how to get a US-issued credit card? If so, you’re not alone. US credit cards are known to offer some of the best benefits in the world. Including higher cashback rates, better travel perks, and much more. And, what many people don’t realize is that you can […]
US credit cards can offer foreign non-residents lucrative benefits that you can’t access anywhere else in the world. And though most articles will tell you that you need to have a US Social Security Number (SSN) to apply for a US credit card, that’s not the case. It is entirely possible for foreign non-residents to […]
One of the most common questions we get from our GlobalBanks USA members is: “What proves I am the owner of my LLC?” This always comes up when they want to open a bank account for their company. With the right documents, it’s actually quite simple to prove that you’re the owner of your LLC. […]
Israel is not necessarily our top choice for opening a non-resident bank account, but there are a few factors that make this jurisdiction uniquely attractive for banking. One of these reasons is that Israel is one of the few banking jurisdictions that does not require you to have any ties to the country to open […]
Higher interest rates are coming back into fashion. And, while that might be scary for borrowers, it can offer opportunities for savers and investors. But, are spiking borrowing rates really translating into higher interest rates on deposits? That’s the question we’re going to tackle in this article. And, importantly, we’re going to help you determine […]
Over the last twelve months, an increasing number of US expats have asked us “can a US citizen living abroad open a bank account in the US?”. Well, here’s the answer… If you’re a US citizen living abroad you can open a bank account in the US. To do so, you must apply to banks […]