i wasted 7 minutes and u didn't give an answer. you just talk repeating some stupid words that mean nothing. austria, singapore it's like someone who doesn't know what he's talking about.
It took me a day or two opening a bank account in Hong Kong back when I was a teacher there fresh out of college. It took me another day or two to open a bank account in Mexico as a 'temporary resident.' I don't think either permit people on a tourist visa to open an account. I needed proof of residency in both circumstances.
Future video idea: can you address the issue I've had where I opened an account & deposited some money, just to have some savings in a foreign jurisdiction. But they insisted that they needed some account activity in it at least every 2 years (again, I have no need to use that account, it's just a hedge). Once 2 years passed, it became a "dormant" account. I wouldn't want to have to metaphorically spin plates with multiple accounts around the world.
Andrew. I love your videos. My questions- what is the minimum income you really should have before worrying about offshore banking and 2nd passport, etc. I know it’s all Indiv. But I also know you have said w the fees and things needed it just isn’t worth it if you have less then 500k in your bank account. Can you please do a video on this. Thanns
What are your views on something like N26 bank. I have recently used it for travel, around Europe and even in South Africa. I downloaded the app scanned my passport and got the card a week later. I don’t pay for the account and they don’t seem to charge me for international swiping. Also how does a bank like this make any money?
I don't understand the reason for offshore banking. Neobanks can be done anywhere, online and you can set up your account in minutes with zero paperwork. Most have zero atm fees, offer competitive interest rates and allow you to invest in foreign currencies. Are there some kind of tax incentives to opening a physical bank account overseas?
Walking down the main street of Bamako,Mali,it was surprising how many big named banks have a presence there,while round the corner things are less than impressive.Perhaps they have a secret. Many of my bosses pay me,working and cleaning for them in London,on accounts from Mali banks.
@@curiousgeorge6921 Shocked,I tell you shocked,however,in processing the payments,I have noticed quite a number of the "cards"are just numbered,I asked one of the big bosses how,he assures me,a peasant,that this is readily available in Mali,for a fee and Qatar(seemingly),all just numbers but no names?Don't know how much it costs as he got bored after one question.
Hi Neeraj, we have helped quite a few crypto investors over the last few years. Feel free to reach out to our team at help@nomadcapitalist.com if you need help.
i wasted 7 minutes and u didn't give an answer. you just talk repeating some stupid words that mean nothing. austria, singapore it's like someone who doesn't know what he's talking about.
48% income taxes is an abuse
It gets to be around 53% in Canada in the highest income bracket.
50% in Dublin City
That’s what I get tax just before Christmas
Wtf ! And i thought india at 37% was bad
I definitely want to set up an offshore bank account in the future.
Good vision.
Monitoring accounts over $600…I’d say that the future is here.
It took me a day or two opening a bank account in Hong Kong back when I was a teacher there fresh out of college. It took me another day or two to open a bank account in Mexico as a 'temporary resident.' I don't think either permit people on a tourist visa to open an account. I needed proof of residency in both circumstances.
Thanks man
@@amir5593 my pleasure Amir 🙏
Future video idea: can you address the issue I've had where I opened an account & deposited some money, just to have some savings in a foreign jurisdiction. But they insisted that they needed some account activity in it at least every 2 years (again, I have no need to use that account, it's just a hedge). Once 2 years passed, it became a "dormant" account.
I wouldn't want to have to metaphorically spin plates with multiple accounts around the world.
Oof. Makes since.
Maybe setup a small automatic transfer with an other account every two weeks
There’s nothing HOW to about your vids man. Stop doing that. Be specific
Then he wouldn't have anything to sell you.
🎯
Hello Andrew I need help to open a offshore account remotely/online. any companies you can recommend that could help me open up an account??? Thanks
I'm almost at the point of having opened the puzzle box and going through the pieces to sort them out
Could you recommend specifically some banks?
Hi Andrew!
What is your opinion or advise on banking with FAB in UAE?
I am planning to go to Georgia or Armenia from the UK to open a bank account
What do you think of the new fintech solutions? And what about Lithuania?
Lots of Russian mafia using Lithuania. Better stay away. You look bad for US/UK authority
Thank you for this.
Do you recommend banking in the US as a foreigner? Why or why not?
1. Drive to Canada. 2. Look for sign that says Royal Bank of Canada. 3. Open bank account.
how Amazon pay zero tax ...can you make full videos
Because they employee 100,000s of people.
For that, they get tax breaks.
Quid pro quo.
Andrew. I love your videos. My questions- what is the minimum income you really should have before worrying about offshore banking and 2nd passport, etc. I know it’s all Indiv. But I also know you have said w the fees and things needed it just isn’t worth it if you have less then 500k in your bank account. Can you please do a video on this. Thanns
I am a US Citizen. Is being an Offshore Banking Agent worth it working for an established company? If so, how much does it pay? Based plus commission?
Some one get this guy some eggs and bacon for his waffle!
Swear
What are your views on something like N26 bank. I have recently used it for travel, around Europe and even in South Africa. I downloaded the app scanned my passport and got the card a week later. I don’t pay for the account and they don’t seem to charge me for international swiping. Also how does a bank like this make any money?
They also get paid from the merchant for every swipe you make
You have to be careful to be not in debt because they will charge almost 10%
Beating around the bush.🙄🙄
too much talk for no informations
Anyone in the comments actually want to help lmao…
I don't understand the reason for offshore banking.
Neobanks can be done anywhere, online and you can set up your account in minutes with zero paperwork.
Most have zero atm fees, offer competitive interest rates and allow you to invest in foreign currencies.
Are there some kind of tax incentives to opening a physical bank account overseas?
@m Most banks in the world have CRS, regardless of if they are Neobanks or bricks and mortar
@m Try Eastern Europe.
As far as I know, most of those countries aren't a part of CRS.
But this is only a problem if youre a US citizen.
@@lucnijs2205 Some of these countries offer high interest rates and no taxes if you banks in the local currency.
@@pbubalo l am in a high inflation environment and want to secure my earnings by operating foreign accounts for my business what's your recommendation
Walking down the main street of Bamako,Mali,it was surprising how many big named banks have a presence there,while round the corner things are less than impressive.Perhaps they have a secret.
Many of my bosses pay me,working and cleaning for them in London,on accounts from Mali banks.
😂
Must be corruption money or so...only wealthy malians would do that no foreigner would bank in mali lol
That would include angolan dirty pipe lines 😂
@@curiousgeorge6921 Shocked,I tell you shocked,however,in processing the payments,I have noticed quite a number of the "cards"are just numbered,I asked one of the big bosses how,he assures me,a peasant,that this is readily available in Mali,for a fee and Qatar(seemingly),all just numbers but no names?Don't know how much it costs as he got bored after one question.
@@tarigHashim GASP!
Hong Kong? I doubt.
Important topic. Lovely view.
Hi Andrew, love your videos! Do you get crypto/Bitcoin focused customers?
What countries and what banks are crypto friendly? Thanks.
Hi Neeraj, we have helped quite a few crypto investors over the last few years. Feel free to reach out to our team at help@nomadcapitalist.com if you need help.
@@nomadcapitalist If you can post some basic info here, this will be informative and attract crypto audience to your business.
I watch 3 minutes beating around the bush...
U look STYLISH
👌👌👌
NONSENSE I HAD A VERY BAD EXPERIENCE WITH OFFSHORE BANKING 5 CODES REQUIRED FOR TRASFER OF MONEY I LOST ONE MILLION DOLLARS WITH THIS OFFSHORE BANK
F