Dateline: Bogota, Colombia What’s stopping you from moving your money overseas? The main reason people don’t take advantage of overseas banking, or really any opportunity, is fear. Fear can be a powerful motivator, but it can also be a dam. Your fear of the unknown...
foreign bank account
The Best Banks for Digital Nomads Living Overseas
Dateline: Bogota, Colombia What are the best banks for nomads? That question begs yet another. In fact, it brings up an entire set of interesting but unresolved questions we commonly run into in our sphere: What is a nomad? Who is a digital nomad? Who is a perpetual...
Opportunities to Hire, Invest, and Bank in Armenia
Dateline: Yerevan, Armenia The flight from Tbilisi this morning was a mere 27 minutes; little more than a picturesque climb followed by a descent. For years, I’ve been speaking of the benefits of investing in Georgia, and I’ve put my money where my mouth is, acquiring...
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...
How to Open a Bank Account in Malta
Dateline: Istanbul, Turkey In the world of offshore banking, the targets are constantly moving, so you must always be prepared to keep up with various destinations, tax legislation, and banking systems - especially when they can force you to switch up your offshore...
International CD Laddering with High Interest Rates
Dateline: Kuala Lumpur, Malaysia One of my personal favorite financial commentators is Dave Ramsey. If you're familiar with my blog, then you might be a bit surprised by this since Dave Ramsey's content is mostly basic financial literacy. Why would I - and...
FBAR Form Filing & Due Dates | Your Ultimate Guide
Dateline: Kuala Lumpur, Malaysia Last year, after renouncing my US citizenship, I prepared my final FBAR form. Going forward, I'm pretty relieved that I'll never need to report my foreign bank accounts to the IRS again. It's a frustrating process - especially since...
Learn How to Open a US Bank Account as a Non-Resident
Last updated August 4, 2021 Dateline: Phnom Penh, Cambodia About a year ago, I flew to the US for the first time in nearly four years for two purposes. The first reason that I visited was to see some old friends who I hadn't seen in a while. The second reason: to open...
How to close an overseas bank account (and why you should avoid HSBC)
Dateline: Montreal, Canada One of the first steps toward internationalization that I recommend is opening a foreign bank account. Moving part of your money into another country's banking system subjects you to a different set of laws than where you're from and gives...
Hong Kong and Singapore: Hubs for investors and entrepreneurs
Dateline: Hong Kong When thinking of some of the most stable, business-friendly, capitalist, and financially robust places in Asia, Hong Kong and Singapore are at, or very close to, the top of the list. The two jurisdictions are similar to each other in many ways....