Tag: CRS

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 […]

The advantages of offshore accounts can vary dramatically between countries and banks. This is in large part due to different regulatory environments and different treatment of foreign non-resident clients. Of course, given each client’s unique requirements, there is no “one-country” fits all approach to unlocking the advantages of offshore accounts. In fact, even the best […]

It’s true that foreign non-residents can open accounts with Montenegro banks. But, whether opening here is worth your time is a different story. Don’t get us wrong… Montenegro is incredibly beautiful and well worth a visit. In fact, if you’re spending time in the Balkans, it’s a must-see. Unfortunately, ancient ruins, imposing fortifications, and breathtaking […]

If you’re looking to open a US bank account from abroad, you’ve probably come across the many benefits it can offer. Whether you’re looking to transact in USD, acquire a US credit card, or you’re in need of a safer banking jurisdiction, non-residents can unlock these benefits and more when opening a US bank account. […]

Armenian banks are typically considered by non-residents looking for high-interest rates and easy account opening options. But, with many other countries to choose from, are banks in Armenia really the best choice? Overview of Armenia Banks Armenia banks welcome non-residents, foreigners, and even some foreign and offshore companies. But, there are challenges when opening accounts […]

Banks in Puerto Rico are often perceived to be an “easier-to-access” option than those in the mainland USA. For many, the view is that banks in Puerto Rico offer all the benefits but require jumping through fewer hoops than their US counterparts. And, while that can sometimes be true, it’s not always the case. Overview […]

In this article, we explore why Taiwan banking is interesting and who can benefit from opening accounts. We’ll also share important warnings for prospective applicants and lesser-known tips on how to save money during account opening. But first, let’s look at why we’re talking about banking in Taiwan in the first place… Taiwan Banking for […]

An offshore account can be a powerful tool for diversification, asset protection, and even wealth creation. But, if you’re not careful (or choose the wrong one), offshore accounts can also cause headaches, trigger unintended tax reporting requirements, and be expensive to maintain. In this article, we’ll show you how to open an offshore account, reap […]

Deciding to open a bank account in Russia as a non-resident is the banking equivalent of walking a tightrope across the Grand Canyon with a penguin on your back… It doesn’t make any sense… and with one wrong step, you’re screwed. Largely influenced (read: controlled) by the state, Russian banks are a prime example of […]

If it seems like the list of non-AEOI countries is shrinking every year, that’s because it is. In just the last 12 months Georgia, Montenegro, Thailand, and more countries have agreed to start sharing information with tax authorities automatically. That said, if you’re looking to open a bank account in one of the remaining non-AEOI […]