The Best Offshore Banks for 2021 (Even for US Citizens)

Dateline: Kuala Lumpur, Malaysia When I write about offshore banking, one of the most common questions that I get from readers is, “what are the best offshore banks?” If you’re a six- or seven-figure entrepreneur or investor, then finding the best offshore bank for your needs can be particularly difficult. Most of the information that you’ll find on the internet is from armchair expats or digital nomads who are mostly interested in transactional accounts and fintech solutions.2 Unless those kinds of accounts are what you’re looking for, then that information likely doesn’t help you much – if at all. This is why my research team and I spent the past few months exploring what the best offshore banks are for high-value individuals. Your needs are going to be different than the average expat’s or digital nomad’s, so you’ll want to find a bank that will cater to you. The following article will tell you:
  • What NOT to look for in an offshore bank;
  • What makes a high-quality offshore bank; and
  • The best offshore banks in the world.
If you’re just getting into the world of offshore banking, be sure to check out our information page on offshore banking as well as our YouTube video on offshore bank accounts.

What Not to Look for in an Offshore Bank

Before we dive into what makes an offshore bank one of the best, let’s first discuss what kinds of offshore banks to avoid. From my personal experience, I’ve found that these banks aren’t necessarily bad, but they’re likely not what you’re looking for in an offshore bank. They may not have all of the services that you’re looking for, or they might just be difficult to work with. As a general rule, you should probably avoid the following types of banks:

“Neo-Banks” and Fintech

The first type of bank that I would avoid is what are called “neo-banks” or fintech solutions. While these banks can be great backups and may meet some of your more cursory needs, they’re meant for people who are just starting out and primarily need transactional accounts. Additionally, they’re not always available to everybody – particularly US citizens – and can be somewhat limited in the services that they provide. Because these banks are primarily remote, their ability to perform due diligence on their customers is more limited, which consequently limits the types of services that these banks can provide. Granted, these banks can work if all you need to do is bill a handful of low-value clients or directly deposit a salary. I actually like many of the Asian fintech products hitting the market now – but unfortunately, they don’t have enough features to meet all of my banking needs. You can call me old school, but in my opinion, there’s nothing that can replace a bank meeting you in person and feeling comfortable with having you in their branch. With a physical bank, you’re going to get better service and more features than you will with one of these online fintech solutions.


Those of you familiar with my blog already know that I’m not a big fan of HSBC.
Although it’s one of the better-known offshore banks, it’s simply not a great bank to work with. They’re not very responsive, and HSBC Premier simply isn’t worth what you pay for it. Overall, if you’re looking for a high-quality offshore bank, there are plenty of better options out there.

Banks in Classic Offshore Jurisdictions

Despite what the talking heads on the internet say, you’ll likely want to avoid banks in the Caribbean and other classic offshore jurisdictions. The fees at many of these banks are sky-high, and their customer service isn’t very good. Caribbean “island time” applies even in the most reputable offshore banks, so you can expect customer service to be quite slow. Additionally, because these offshore jurisdictions have a bit of a bad reputation, they’re constantly under pressure from the US and other governments to comply with laws like FATCA and CRS, and if you frequently make wire transfers, you may face extra scrutiny if your transfers come from places like Belize or the British Virgin Islands. Therefore, while the Caribbean might be a great option for getting a second passport, it isn’t the best place for offshore banking.

What are the Ingredients for the Best Offshore Banks? Now that we’ve gone over what to avoid when it comes to offshore banks, let’s look at what makes for a good offshore bank.

Jurisdiction Quality An offshore bank is only as good as the jurisdiction that it’s located in. Certain jurisdictions aren’t monetarily stable, which makes holding local currency risky and increases the likelihood that the government might take your money – something that actually happened in Cyprus a few years ago. Additionally, as I mentioned in the previous section, many traditional offshore banking jurisdictions also aren’t great places to bank. Their governments are constantly under pressure for compliance, and their banks aren’t always the easiest to deal with. Instead, you want to choose banking jurisdictions that are stable, pro-business, and not under any sort of crackdown from the US or other entities. Georgia, for instance, is perhaps the easiest place in the world to bank in and is highly pro-business, and as an added benefit, its banks have great interest rates on term deposits. Jurisdiction quality is part of the reason why I promote the idea that onshore is the new offshore. While traditional offshore jurisdictions tend to suffer from problems like poor reputation, there are a number of other “onshore” banking jurisdictions that offer better benefits and stability.

Institution Quality

Just as you want to bank in a high-quality jurisdiction, you also want to bank with a high-quality institution. One of the issues that you should always consider is the financials of the banks that you want to deal with. One of the issues that I often discuss is how many banks in the US and other Western countries often keep less than 1% of deposits on hand at all times. On the other hand, even countries like Belize require their banks to keep a minimum of 24% of their deposits available. Other banks don’t even make any kind of loans, so they hold 100% of their deposits at all times. Along with a bank’s overall reputation, these kinds of financials are important to look at when you decide where to bank, and they certainly factored into our decision about the best offshore banks.

Ease of Opening a Bank Account

When my team and I selected the best offshore banks for this article, the third factor that we considered was the ease of opening an account at that particular bank. what to look for in an offshore bank The best offshore banks will be easy for you to work with. In this case, the word “easy” is somewhat relative. You’re never going to be able to open an offshore bank account at the push of a button. Instead, you’ll need to either travel there or send in a pile of documents to open an account remotely. For our purposes, then, easy doesn’t necessarily mean zero effort – it means that the process is smooth and the bank has good customer service. The fact is that even if a bank has excellent financials and is located in a premium banking jurisdiction, you don’t want to bank with them if they’re a hassle to deal with. Think of it this way – would you rather date a supermodel who constantly nags you and acts superior or an average, attractive person who makes a great life partner? The fact is that many glamorous banks and banking jurisdictions – such as Switzerland, Panama, or Hong Kong – aren’t easy places to bank in. Banks in those places often have high deposit minimums for foreigners, require a series of appointments to open an account, and have poor customer service.

Nomad Friendliness

The fourth issue that you should consider when choosing an offshore bank is nomad friendliness – whether that bank’s policies and services suit your international lifestyle. To determine whether or not a bank is nomad friendly, you’ll need to consider a handful of different factors. First and foremost, the best offshore banks for nomads need a good online banking system. Because you won’t always be in the country where your bank is located, it’s important that you have the ability to maintain your account without needing to make frequent calls or visits. This need is why banks in places like Georgia and Mongolia have excellent online banking systems while countries like the US tend to lag behind. The more remote customers that you have, the more valuable an online banking system becomes. Another factor that contributes to a bank’s nomad friendliness is whether you’re able to easily use ATMs and make transactions in various countries. Some banks may charge exorbitant fees for international transactions, or they may sound the fraud alarms if you so much as step foot overseas. When my parents came to visit me in Kuala Lumpur, for instance, they were unable to use their debit cards since Chase Bank is convinced that Malaysia is a den of fraudsters. Therefore, you need to have a bank that you can access while you’re traveling to various countries, and your bank should also offer services such as 24-hour customer service and priority banking. The best offshore banks will be able to keep up with your international lifestyle while offering you the services that you need to maintain it.

The Best Offshore Banks for 2021

With the above criteria in mind, my team and I researched the best offshore banks in the world for 2021. However, before we dive into the list of the best offshore banks, I want to address a few caveats to this list. First, you should keep in mind that what’s best for the general public isn’t going to be what’s best for you. While this list is geared toward six- and seven-figure entrepreneurs like you, the following banks might not work for you. This list isn’t meant to tell you exactly where to go – it’s meant to give you ideas of the kinds of offshore banks that you should be looking for. Second, the following banks are what’s working currently in 2021, and circumstances may change in the not-so-distant future. In the offshore world, the targets are constantly moving. One bank may gladly accept US citizens one day and then reject them the next; in fact, one bank I work with in Singapore decided to no longer accept British citizens in the wake of Brexit. My team and I will work to keep this list as updated as possible, but if you have a different experience with one of these banks, then let us know in the comments. Finally, the following list will tell you the best offshore banks for particular purposes and situations. It’s not a definitive ranking or an exhaustive list, but it will give you an idea of the best offshore banks for different needs.

Premier Banking: DBS Treasures

Of the three major banks in Singapore, DBS Treasures has the best premier banking services for Nomad Capitalists. DBS is fairly easy to deal with, and it has plenty of interesting investment banking opportunities, including next-generation robo-investing. You’ll need to invest at least 350,000 Singapore dollars, but for that amount, you’ll get a relatively robust level of service. These benefits make DBS Treasures my go-to recommendation for wealthy entrepreneurs and investors who keep cash on hand.
Singapore itself is also an excellent jurisdiction for wealth. As I mention in the video above, it’s my favorite place in the world to store gold and preserve wealth. Additionally, although Singapore has a reputation for wealth and opulence, it’s more accessible than what Crazy Rich Asians would have you believe. Singapore is designed for the modern entrepreneur who doesn’t want the pretense and the B.S. of places like Switzerland. Banks like DBS reflect this idea with benefits like top-notch online banking, unique travel privileges, and creative investment options.

Ease of Opening an Account: TBC Bank

As I mentioned earlier, one of the most important aspects of an offshore bank is how easy it is to deal with, and TBC Bank in Georgia is perhaps the easiest bank to deal with in the world. Georgia is just generally an easy place to do business. As an emerging market, the country wants your capital, and most Georgian businesses and banks will happily do business with you. TBC Bank reflects Georgia’s business-friendly attitude as the process for opening an account here takes as little as ten minutes. You’ll need to show proof of identity and fill out some paperwork, and if you’re a US person, you’ll need to fill out a few FATCA-related forms. Then, once you’ve completed that minimal amount of paperwork, you can make your deposit and be on your way. Account minimums are also quite low. You can open a regular or CD account here with as little as $10, and for premium banking services, you only need around $50,000. However, while this is relatively cheap, you get great service – in fact, many of the people who I work with have told me that premier banking in Georgia reminds them of the golden age of banking in Hong Kong. As an added bonus, TBC Bank has excellent online banking services, and for term deposits, you can get interest rates of up to 10%.

Remote Account Opening: Capital Security Bank As I’ve mentioned in previous articles, I’m not a big fan of remote bank account opening. Call me old school, but I prefer to open bank accounts in person. In my view, nothing can replace meeting with your bank in person, and remote account opening can be tedious thanks to the amount of paperwork involved. However, sometimes you might need to open an account remotely – or if you’re a nerd like me, you may want to do it just for the sake of experiencing the process. In that case, I recommend using Capital Security Bank in the Cook Islands. The process for opening an account remotely here is much more streamlined than in other remote banking jurisdictions, and you’ll get better service here as well. It’s a bit more upscale than most banks where you can open an account remotely, which means that you’ll need to put in a higher minimum deposit. You’ll need at least $20,000 to open an account, and you should expect to pay roughly $50 in fees per month. However, as I often say, you get what you pay for – especially in the realm of offshore banking.

100% Liquidity: Capital Security Bank

As I mentioned earlier, banks don’t often keep all of their deposits on hand since they’ll make loans and investments, and a bank’s liquidity ratio indicates how much of your money that they may use to do that. However, a handful of banks don’t make any loans whatsoever, meaning that they have 100% liquidity. Capital Security Bank also takes the title here for one of the best offshore banks with 100% liquidity. Rather than acting as a traditional bank, CSB essentially holds your money in trust, giving you the peace of mind knowing that your bank won’t lose your money.

Best Fintech Bank: Neat

I personally am not a huge fan of fintech banks. I like them for what they are, but they’re not going to meet the needs of a six- or seven-figure entrepreneur, who likely needs more robust services than a fintech product can provide. However, if you need a transactional account, then fintech products could be an interesting choice, and if that’s what you’re looking for, then I recommend Neat. Unlike European fintech banks, which often involve plenty of bureaucratic nonsense, Neat is based in Hong Kong, and like most Asian tech and financial products, it’s a lot more efficient than its European counterparts. Neat allows you to set up accounts entirely online, and it also allows you to easily bank in multiple currencies. Additionally, if you’re in e-commerce, then you can easily link Stripe, Amazon, PayPal, and similar types of accounts to your Neat account.
best offshore banks fintech
Although fintech banks may not meet all of your needs, certain products can be great for transactional accounts.
While I don’t personally use this product, I’ve heard excellent reviews from both the people who I work with as well as others in the digital nomad community.

Best US Bank for Non-US Citizens: Wells Fargo

If you’re not a US citizen, then banking in the US is surprisingly desirable. Although the US doesn’t have the safest banks in the world, they’re well-connected to the global financial system, and opening an account there is quite easy as well. As an added benefit, the US has FDIC deposit insurance, which insures up to $250,000 per account. This is, by far, the highest amount of deposit insurance in the world. Although I hate to say it, the best bank for opening a bank account in the US as a non-resident is Wells Fargo. I understand that this bank does have some challenges, but it’s one of the few that will allow you to open an account without a Social Security number. If you decide to travel to the US to open an account at Wells Fargo, I personally recommend using the Miami or Las Vegas branches. Both are accustomed to dealing with non-US residents, and neither require an SSN to open an account. While opening an account at Wells Fargo may seem like the antithesis of offshore to a US citizen, it can actually be an excellent diversification strategy for people outside of the US. With excellent deposit insurance and deep ties to the global financial system, Wells Fargo in the US might be an excellent choice for people who want a US bank account.

Best “Onshore” Account: TD Bank

If you’re just beginning your offshore journey, then you may not feel comfortable diving into banking in places like Georgia or even Singapore. If that’s the case, then you can dip your toe in rather easily at TD Bank in Canada. TD Bank in Canada is a great option for people looking to begin their offshore banking journey close to home. You’re not going to get sky-high interest rates or interesting investment banking options as you would elsewhere, but at TD Bank, you’ll get stable banking and excellent customer service. Additionally, the bank does allow you to hold either US dollars or Canadian dollars, which gives you a small degree of diversification. TD Bank can therefore be a good way to begin banking internationally if you’re not quite ready to take a long-haul flight to Armenia or other parts of the world. You can easily travel to a major city like Toronto or Vancouver, open an account with a low minimum deposit, and start to get a feel for offshore banking.

What are the Best Offshore Banks for Me?

After reading this list, you may be wondering which offshore bank is right for you. Like most things in the offshore industry, however, the answer to that question will depend on what you want and what you need. Additionally, if you’re looking for an offshore business bank account, then you’ll likely need more specific guidance. While many of these banks have great options for corporate accounts, this list is geared toward personal banking – not business. If you’re looking to open an offshore bank account for your business or need help deciding where to open a personal account, feel free to reach out to my team and me.
Andrew Henderson
Last updated: Jul 4, 2021 at 7:07PM


The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success

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  1. LFord

    Let it be known that HSBC in HK is past worthless. I am taking my time today to go from Shenzhen across the border to deal with a wire transfer that they couldn’t competently complete. I took printed wire transfer instructions from my broker. Now I have lost the use of my money for a full week, incurred a fee of about $90 US and have to go back and deal with them. I almost think it is feigned incompetence so they can do what banks do, steal your money with impunity. Note you also have to pay a fee to deposit more than $1500 US per day. Who charges you to put money IN the bank?!

    • Eduardo peavy

      What is the name of the bank?

      • Nathan Brown

        HSBC HK probably.

  2. TruthTalker9

    You couldn’t be more right about HSBC Hong Kong, they are the worst bank in the entire country.

  3. Igor S

    Hong Kong banks now are most difficult to open bank accounts for foreigners and HSBC just closing banks accounts for thousands of commercial and private accounts without any explanations.Happened with me after 8 years to be a loyal customer with them.

    • Sam Withers

      Igor?! Igor Serra da Terra?

      Yo, it’s me, bro! Sam Withers, from high school!

      You’re into this stuff too?

  4. James Davis

    They Just shut my HSBC account down. Hang Seng has a wait of 2 months just for an appointment
    . Any recommendations?

  5. Mark Jackson

    I’m an American with bank accounts at Bank of East Asia, Hang Seng, and Bank of China (Hong Kong). None of them have given me any trouble and just asked me to sign the relevant documents so they can report me to the IRS.

  6. Jeff C.

    Andrew, if we’re a dual citizen; American and other, if we’re opening an account say in HK, do we need to disclose that we are also an American citizen? Or better to just use your other passport? Wouldn’t they see you were born in the USA in your passport, thus pointing you out as an American?

    • Cat Hunter

      Who charges you money to put money in the bank? UKRAINE! It infuriated me but all the sheep here seemed to think it was normal.

      Its so corrupt in Ukraine thst NO outsider, even the wealthy and powerful, can avoid official theft schemes. (See Kiev Post owner ” Think Before You Invest in Ukraine.”)

    • Cat Hunter

      I have the same question. And I’m sure many other dual citizen Americans do also. I hope you get an answer … soon. It’s been a year and a half …

  7. Sylvain

    Hello, I just left Singapore where I try to open a bank account. I visit about 8 banks. I’m French. It’s easy to open a bank account in HSBC and Citi bank, but you need to deposit 200k usd. If you are ok with the deposit you can have the bank account. For the smallest bank which ask only 1k or 5k deposit, it’s more difficult, you have to speak with a manager and convince him you have a good reason to have your bank account there. For me it didn’t work.

    • Nick Elisseos

      Did you ever get the chance to find and open an account? I’m in the same position.

      • Sylvain

        unfortunately no…

      • Johan

        I’m an EU citizen, Singaporean non-resident and was able to open a personal account in UOB. Went to about 15 different banks in the island, which all of them denied me an account opening even though I was incorporating a company there, however, UOB was the only bank that accepted me with a small deposit of SGD1k. Opening an account in a different currency is harder, but after having the account open you can basically apply for a new one online which is much easier. You do have to justify why you’re opening an account, it has to make sense for them.

    • mazzyakella

      can you provide more details please? im in the same boat… did you need a sgp address? what reasons did you give etc? what banks or branch locations can you recommend?

      • Sylvain

        I think there are 2 kinds of account, accounts for people who live/work in sg, and accounts for people who don’t. For the first one it’s easy to open the bank account (a few banks ask me if I have a work permit in sg, in order to know if I was in the first group or the second group). If you don’t have a work permit in sg, then you are in the second group, foreigners, so in HSBC and citi bank you have to deposit 200k $, in smallest bank you have to convince the manager to open you the account.
        Only one bank was honest and told me “I don’t find any good reason you have to open a bank account in sg”. Other banks lie and don’t give the right reason. Of course I don’t know chich reason could be good enough to have the bank account.
        I don’t know if an address in sg help you, I don’t think so, because if you say you live in sg but you don’t have any work permit, it’s weird.
        They also look my passeport to look which address was written (for me : french passeport with vietnamese address, he didn’t like this).
        I cannot recommand any banks because all the banks refused me.
        If you want to try to go there and try to open a bank account you can contact me, maybe we can rent a flat there (to have an address), and make each bank talk, to know what are their requirements to open foreigner’s accounts (address, visa…), what they want to heard, and then do the requierements and come back to finaly have the bank account.

      • aob

        Sylvian, you didn’t even understand his question before you went rambling about Brazil.

  8. Gilson Carone Neto

    Why dont you help people from countries like Brazil? The freedom here is half way between north korea and the USA. We need more help than the peoplr from the rich countries that you are helping.

    • Ben Arnold

      Getting a visa in Brazil is a bit difficult and living in Brazil is a bit dangerous depending on where you live. The infrastructure of Brazil is borderline good and borderline non-existent in most of Brazil. Currently there was a coup. And now the citizens are attempting to get rid of the new government. How many people died during the recent Olympics? Now forget that number and ask yourself how many people died after the Olympics from disease they got from drinking or swimming or running through a puddle of water? Those kind of deaths go unreported like a soldier who dies the day after returning home from the war. Brazil’s economy unfortunately seems that it is back to where it was before the Real was invented. Confidence is lost. This is worse than simply losing an oil rig. Brazil might not recover. There’s strong implications that the N.American government U.S.A. or also referred to as Washington D.C. is in control of Brazil’s government and future and wants a collapse in Brazil to help maintain control and so it’s highly likely that’s what is going to happen. Rich investors don’t want to invest in a sinking ship. Plain and simple. And they definitely don’t want to live on board that sinking ship! Personally I love Brazil, and am constantly watching what happens there because I’m waiting for the day that it becomes a great place to live and a safe investment. That would be my dream come true. I’m still a heavy eater of Brazil meat. In South Korea they’re importing Brazil chickens to make up for the horrific collapse in Korea’s chicken production (chicken was as of recent one of Korea’s restaurant industry’s largest assets now a horrific liability). Brazil has tons of gold, tons of oil, tons of land, tons of laborers, and so much potential. But maybe it’s too big for its government? The infrastructure is nearly good! But it’s like a rusted bridge that still performs just fine and shows no hints as collapsing or having any problems. But we gotta wonder why the rust, and how all that rust and the holes and the missing bolts and no paint is going to affect the bridge… is it really going to continue holding up and performing well as always? Also it’s very creaky and swings a little as you’re driving across it. It seems sound enough. But we’re all wondering and there’s no way to predict what will happen. We know there’s simply not enough money to pay somebody to clean up that rust, fill in those holes, and paint that bridge. It’s like the recent Olympics tragedies in Rio… it was almost good, almost good. And yet it wasn’t bad… it wasn’t bad… but is wasn’t entirely good either. That’s the definition of an infrastructure that is skirting the line of either disaster or greatness… and tomorrow’s actions will determine which way it goes. Get a good education, get a good job, save/invest, grow your assets and family… stay healthy and strong, spread that education around the family tree, make everybody strong, work together… that’s the best that you can do in a country like Brazil if you refuse to move somewhere better. In Brazil you have that ability to rise up, because it’s not entirely a flavella. There is opportunity. And family values are strong. Work together as a family. Rise above the middle class level.

    • richard harbo

      Hello Gilson , befor the “rich countries” were the “rich countries ” of the world they made themselves better by the greatest of efforts of self-improvement, and fighting off enemies and competitors . there were no rich countries to help them. Brasil needs to create the internal power house of people that will make it great , Brasil has had very much help from out side , now it needs to do the work from the inside and not get help from outside or it will be weakened , from outside

  9. Mike Pearson

    Hi – I have an offshore account with HSBC in Singapore purely because I move countries a lot due to work and have no solid home base – but there service sucks and that really don’t care, can any one recommend a decent offshore bank – I just need somewhere to place cans along with credit card facilities, internet banking I am a UK/NZ citizen


  10. Matt D

    I have been banking with Citibank Singapore for about three years. I have always received very good service. One problem is that while opening the account Citi’s minimum deposit went from $10,000 to $20,000. The minimum is now $100,000 or you pay a $50 per month fee. I’m still banking there and paying the fee as it allows me to diversify into HK and SD funds.

  11. Sovereign Nomad

    Andrew is correct regarding HK but this also applies now to Dubai.

    Cambodia is the spot 😉

    I can assist in the Kingdom of Cambodia and also in Shanghai relating to opening Bank accounts and Visa assistance.

    • james Fantomas

      Hello everyone. I have an offshore Cie for over 23 years now registered in the BVI. I am a US Citizen living in the US. The reason I have an offshore Cie is just because of the nature of my business which provides Crews to airlines. We have to pay our pilots offshore “Tax Free” as per the Contract signed with our Client. My business is fully transparent and reported to the IRS each year as per US Regulation. My Cie had its account in Cyprus until 2012 and thanks God I closed the account a few months before Cyprus had its Financial crisis and then froze all assets from everyone ‘s bank accounts and stole their money. Would I have had the account open in Cyprus when the Government froze all accounts, I would have lost my business . The account was then opened with HSBC/ HK. I thought at that time that HSBC was one of the best bank. It was until FATCA was implemented and I had to fill the forms. Then HSBC started to delay wire transfers targeting sometime the same beneficiary over and over each month, asking each month the same information and documents. At HSBC you cannot contact the compliance Dept and send them the proof that your beneficiary is not an International terrorist or drug can only contact their Customer service who then relay the message. Then someone eventually call you back sometime a week later and yes they always “apologize for the inconvenience caused” but meanwhile the wire is still blocked, the beneficiary is screaming because he needs to pay his bills and still hasn’t received his money ! It takes normally 10 to 15 calls and around 20 messages of treats to have the funds finally unlocked after HSBC/IN NY (because HK always accuses their correspondant bank in NY). Then they call you back to make sure that you are aware that the funds have been credited…(bend over here’s some oil…)
      Where can I go with my BVI Cie (All papers are in full compliance) to open a BUSINESS ACCOUNT with a Bank that is efficient, a Bank with whom you can contact a Manager directly who handles your account in a professional manner, a bank that will not block wires for no reasons…..Note that over a year ago, I visited HSBC in person at their main branch and spent nearly 3 hours in line and 2 hours with a bank Officer , provided the Bank with copes of Contract, compliance documents , and all the documents for all beneficiaries….the very next month, wires were blocked again……

      • Andrijana Maletic

        Hello James, you’ve really been through a lot. Unfortunately, these mishaps are more often with each passing day, which is why it’s so difficult to find a bank that takes their clients’ needs seriously, but it’s still possible. Here’s the first step:


    Setting up a off shore trust, LLC and a off shore bank account for real estate investment in South America. I was recommended cook island for the trust, Nevis for the LLC and switzerland for banking. You mentioned the banking in Switzerland is not recommend. Would Panama be better.

  13. sam

    Misleading title said38 banks Even for americans butnot listed in artcle

  14. James Neal

    Planning to retire overseas, probably Belize, & looking for info. I’ll need local banking & investment accounts & have no idea what options & fees are available. any info you have will help.

  15. Christopher Wood

    What about Antigua-Barbuda, and their citizenship and passport program? What is the best bank to work with there? Are you limited to working with the East Carribean dollar? Is there a problem when it comes to removing money, or closing accounts after a period of time?

  16. Tanya Robertson

    May I ask what the better banks are? I was hoping for a list, perhaps ratings.

  17. Cetme

    I’m an european with a LLC in Wyoming…..what banks could be great for receiving sepa payments since Cyprus banks closed their doors to foreigners?

  18. Harlan Sipe

    If i have one million usd in an offshore account for 25 years .do I have to pay to withdraw the money

  19. Chris Hepher

    I am very happy with Swissquote SA in Switzerland. It’s a trading platform and you can hold more than 7 currencies. It cost me 20 Swiss francs every quarter.

    Why not look at the Seychelles or Mauritius? I bank in Mauritius as I used to live there but if you speak to the right people, you can hold an account at MCB without being a resident. Go there on holiday, take the right paperwork and see what happens. Many Russians go to Mauritius as it is off the radar, end up staying due to the kite surfing and relaxed lifestyle. Kinda miss it.

  20. ciho

    I am a Turkish citizen and currently working with Tbc Bank Georgia.It has a great service and rates.Internet banking is also great.Got a premium customer representative.

  21. Nuria Olmedo

    In Latvia, Rietumu Bank and Blue Orange are inviting customers to leave and charging abusive commissions. In Andorra almost all banks are kicking out Spanish customers for having undeclared accounts. In both places they charge abusive commissions. Does anyone know anything else about that?

  22. chukwuma chukwugbo

    Can you open an account with TBC Georgia online

  23. Ronald

    Are there any advisors like Nomad Capitalist for US citizens who are not high worth ? There are many retired people with nest eggs under $ one million and incomes under $100k that could use a service to protect their life long savings from the ravages of inflation and other government actions.

  24. Ian R.

    I’m getting increasingly nervous about the rise of anti-Semitism in the USA. I’m feeling the need to start depositing funds outside of the USA in case my family needs to leave the country quickly. What are your recommendations on a safe country if you are Jewish?

    • Mark G

      I’m with you Ian and can relate. Definitely not Israel, that’s for sure. I like S.A. Equador is nice and so is Uruguay. Also Chile. Or if you want Europe, do check out Portugal. All of the countries I mentioned you should settle in nicely. The important thing is for you to make a trip or two and get a feel for which country you can be happy living in.


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