Tag: Offshore Countries
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 […]
Opening an online bank account in France as a non-resident, a “compte non-resident,” can be notoriously difficult. From complicated document requirements to discrimination against non-French speakers (and non-residents), challenges abound. But the real question is whether you actually need an account in France at all… and if your answer to that question is yes… then […]
If you’re after a Montenegro bank account, or you’re wondering what the benefits are, then you’re in the right place. But before embarking on an account opening adventure in this tiny Balkan nation… you need to know the pros and cons of banking here. Opening accounts is not as easy (or as beneficial) as others […]
While Denmark’s economy and high standard of living make it a popular destination for foreigners, it’s an expensive and bureaucratic place to live — and the same principles apply to Danish bank accounts. But bureaucracy aside, banking in Denmark attracts attention from foreigners for a few very good reasons. For example… During the last financial […]
If you’re in the market for a Cook Islands bank account, or you just want to know what options you have for banks in Rarotonga, you’re in the right place. But before diving into the account opening particulars, let’s pull back the curtain on this tiny South Pacific nation so you can make an informed […]
One of the most sought after setups in international banking today is pairing a foreign company with a UK bank account. There are tons of reasons for this. But businesses differ. Motivations vary. And, opening a UK bank account for a foreign company is definitely not guaranteed. In fact, most foreign companies will never make […]
Opening a UK company bank account as a non-resident doesn’t have to be a time consuming and expensive process. With the right information (and a bit of direction) you’ll be able to do it on your own in no time. And that’s exactly what you’re about to get from this article. For years, non-residents have […]
Let’s talk about non-resident bank accounts in Portugal… In this article, we’ll explore what you need to know before opening an account, who qualifies, and why you might want one. We’ll also reveal a few lesser-known non-resident banking secrets that might blow your banking mind… and put Portugal on your European banking radar. Here’s why […]
Opening a bank account in Spain as a foreigner is critical if you’re living in (or thinking about moving to) the country. Like most places in Europe, expats discover that having a Spanish bank account is an important requirement of life here. The reason is that many Spanish institutions and local businesses will only transact […]