Category: Blog
Many readers of GlobalBanks.com are looking for offshore or international bank accounts and are wondering about the banking reputation for different countries. But they don’t know how or where to get started. Naturally, there are a number of variables that need to be considered before choosing where to bank. And opening an account without considering […]
If you don’t have a foreign bank account, you’re exposing your assets to risks and missing out on asset protection opportunities. Why? Because you’re keeping all your eggs in one basket. So, if you live in a sue-happy country, like the United States, your risk is even higher. Here are some figures to consider: 9 […]
Many people mistakenly think that they can avoid taxes with offshore accounts. But, the truth is, an offshore bank account alone can’t be used to reduce taxes. An offshore bank account is only one piece of a larger strategy and financial plan. More specifically, an offshore bank account will only lower your tax burden if […]
One of the most popular questions that we get asked is “how can I open a bank account as a foreigner?” The answer to this depends on a few key factors, such as the country where you want to open the account, what “ties” you have to that country, where you’re from, and what you […]
In today’s article, we’re going to explore how to open an offshore bank account if you’re not rich. And here’s why… offshore banking is not just for the rich anymore. Regular people, including small business owners, entrepreneurs, and retirees can access the benefits of the offshore banking world with a bit of guidance. You just […]
Banking in Lebanon used to be seen as a status symbol. It was home to solid banks with good reputations that offered customers stability (and banking secrecy) in a shaky part of the world. But banking in Lebanon is changing. In Beirut, banks recently shutdown for two-weeks. They cut-off access to customer accounts and blocked […]
Account opening requirements for non-residents at European banks are changing. In fact, there are brand new requirements that didn’t even exist 2 to 3 years ago. You used to be able to open an account by simply showing up and having a semi-justifiable reason for wanting a bank account. Today, you’ll be hard-pressed to find […]
CRS Countries GlobalBanks CRS Tracker Last Updated Jan 7, 2020 Take Control Of Your Personal And Financial Information Today! 3 strategies you can use NOW to increase privacy & asset protection without shady banks (Page 5) The most important WARNING you must know BEFORE opening in Non-CRS Countries (Page 6) Our BEST piece of advice […]
I’m just as surprised as you are that I’m writing about Cuba’s banking sector. But here I am, writing from my balcony in Havana. While I’ve traveled to a lot of different countries over the years, Cuba never made the cut. So I decided to make a stopover while I was visiting banks in the […]
In our last article, we discussed the difficulties that offshore and international companies face when setting up payment processors. But besides accepting payments via a payment processor, an entrepreneur needs to receive funds into a bank account for their new company as well. And while a lot of small businesses and startups are opting for […]