Tag: Offshore Banking
The anonymous bank account in Switzerland is probably the most misunderstood tool in international banking. Top advisors, trustees, and even bankers will give you conflicting information about your options. But anonymous Swiss accounts aren’t anything new. For almost a century, they were the ultimate form of asset protection, used by the super-rich to build wealth […]
Well, opening with an online broker in Luxembourg just got more interesting… There’s a huge wave of account closures happening at Interactive Brokers (or “IB”) right now, the largest electronic trading platform in the US. And it’s sending shockwaves through the investing world. The trigger? Fast and loose AML practices. US regulators claimed that IB […]
Opening a bank account in Luxembourg is like a sport for the super-rich, the entire financial industry, and even normal people from all over the world. They’ve all flocked to Luxembourg for decades, parking cash in banks, investment funds, and other vehicles. Note: if you hate free markets, tax efficiency, and capitalism, you should probably […]
If you’ve ever thought about combining a BVI company with a Singapore bank account, then listen up. In this article, we’re going to break down what you NEED to know before trying to open a bank account for a BVI company in Singapore. Yes, it’s more difficult than it was five years ago. And the […]
Are you a non-resident or have Estonia e-Residency and want to open an Estonia bank account? Welcome to the club… If you’re one of the 66,000 Estonia e-Residents or you desperately need to open a bank account for your Estonian company, this article is for you. In fact, if you’re like most people with Estonia […]
Today, we’re going to address whether you should open a bank account in Gibraltar. The short answer is, maybe. To open a bank account in Gibraltar, you need to be able to demonstrate a connection to the country. But, residency is not the only way to do this. In fact, with the right strategy, most […]
An offshore bank account with a credit card is a very powerful tool. In fact, just having a bank account and credit card in the right country can be wildly lucrative. For others, the offshore bank account and credit card combo is about raw utility. Allowing them to run their businesses, make money, protect privacy, […]
Want to open a bank account in Ukraine? Most people don’t. Most locals go to great lengths to avoid banking in Ukraine. In fact, Ukrainians with the wealth and means, park their cash outside of the country. In short, banking in Ukraine can be one hell of a rollercoaster ride. So why would we even […]
Ever try opening a Lithuanian bank account as a non-resident? Spoiler alert: You probably already have one. Have a Revolut account? Then, congratulations– you’re banking in Lithuania. Until recently, Lithuania was just a smudge on the banking map. But, almost overnight, it became a non-resident banking powerhouse. While everyone was obsessing over Transferwise and Brexit, […]
Before 2016, it was a breeze to open a non-resident bank account in Bulgaria. You could show up at the bank with a passport and have an account in under an hour. But times have changed… Now, banks have new rules in place that make non-resident account opening much more difficult. On top of that, […]