Are high interest rates on emerging market currencies worth it?
Dateline: Kuala Lumpur, Malaysia Jim Rickards recently said that with the central bankers’ madness infecting the Australian dollar, there were only three strong, stable currencies left. (Of course, the US dollar isn’t one of them) However, I’ve long...
High interest rates on Australia and New Zealand dollar bank deposits
I’ve talked for some time about the importance of having an offshore bank account, especially if you live in a country where such a thing is considered “unpatriotic” or “unethical”. A legal offshore account is just good financial sense as...
The World’s Highest Government Bond Interest Rates
Dateline: Dubai, United Arab Emirates A recent Friday evening of mine was spent sipping cocktails with my fiancee and our friend in one breath, and eagerly chatting with an investor friend about the free fall of the Turkish lira in another. For someone who tracks...
The World’s Highest Interest Rates at Offshore Banks in 2020
Dateline: Yerevan, Armenia Armenia just may be one of the hidden gems for tourists in the world. My new favorite hotel here, The Alexander, is quite possibly the best five-star hotel I’ve stayed at in the last year. Service here is excellent, from the surprisingly...
Serbian banks: some of Europe’s highest interest rates
Dateline: Belgrade, Serbia Over the centuries, Belgrade has been the seat or the conquest of numerous empires. In the late Middle Ages, the Serbian Empire was overthrown by the Ottoman Turks who were pushing further west into Europe. Later, the Ottomans would sign...
The five highest bank interest rates in emerging markets
Tired of earning tiny interest rates in your local bank? Looking for some of the highest interest rates in the world? If you have a sense of adventure, you can earn high yields in emerging market banks. These aren’t your average offshore bank accounts. But...
This High Interest Bank Account Earned 10% Per Year
Dateline: Kuala Lumpur, Malaysia In a world of historically low yields, people are increasingly coming up with more complicated strategies to beat the markets. But what if there was an easy offshore banking play that earned 10% per year and required minimal skills to...
7 Tax-Friendly Countries for High-Net-Worth Expats
Dateline: Kuala Lumpur, Malaysia Here at Nomad Capitalist, we often talk about my five magic words: “go where you’re treated best.” You can take your life, your money, your investments, your business, and even your citizenship to the places where...
Five International High Yield Savings Accounts
Dateline: Tbilisi, Georgia I came back to Georgia’s intriguing capital city on a mission. While I own a home, have plenty of friends, and enjoy the amazing food and wine in this little-known part of the Caucasus, I’m back in town today to open a bank account....
How to Avoid Negative Interest Rates
Dateline: Singapore Negative interest rates have gone from an impossible fantasy just a few years ago to a reality that now impacts hundreds of millions of savers around the world. Thanks to the lingering impact of the Great Recession, central banks started...