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Old 12-04-2004, 11:32 AM   #1
Mr. Mike
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Banking over-seas

Does anyone from the US bank over seas? If so, what's a good country and bank to do so?
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Old 12-04-2004, 11:33 AM   #2
European Lee
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Stay in the US, you have more protection

Regards,

Lee
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Old 12-04-2004, 11:33 AM   #3
azguy
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Quote:
Originally posted by Mr. Mike
Does anyone from the US bank over seas? If so, what's a good country and bank to do so?
Yes. The one you see in the movies (in Europe).
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Old 12-04-2004, 11:39 AM   #4
Mr. Mike
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Moving along......

anyone?
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Old 12-04-2004, 11:43 AM   #5
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It's best to use a GOOD attorney to set you up and they will recommend your best options based on what needs you have for overseas banking...
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Old 12-04-2004, 11:44 AM   #6
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Quote:
Originally posted by azguy
Yes. The one you see in the movies (in Europe).
i love Swiss Bankers
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Old 12-04-2004, 11:46 AM   #7
Mr. Mike
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Quote:
Originally posted by Wizzo
It's best to use a GOOD attorney to set you up and they will recommend your best options based on what needs you have for overseas banking...
Yeah Im definetaly going to do that, i just wanted to see what people are using. Just to educate my self a little before going forward.
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Old 12-04-2004, 11:56 AM   #8
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Quote:
Originally posted by European Lee
Stay in the US, you have more protection

Regards,

Lee
idiot
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Old 12-04-2004, 12:05 PM   #9
European Lee
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Quote:
Originally posted by spamofon
idiot
So you are saying you dont have more protection for your money by banking in the country of your residence? Interesting im sure a few million attorneys would disagree with you on that point but hey, whatever floats your boat

Regards,

Lee
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Old 12-04-2004, 01:27 PM   #10
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Quote:
Originally posted by spamofon
idiot
You are the Idiot
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Old 12-04-2004, 01:29 PM   #11
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Originally posted by Afrin
You are the Idiot
aren't all gfyers idiots anyway?

i'm sure all have been called idiots at some point
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Old 12-04-2004, 01:33 PM   #12
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you're going to want an offshore corp for privacy... try cyprus, bvi, mauritius.. there's tons of companies online that will do this for you, and even open an account for you to do all offshore banking...
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Old 12-04-2004, 03:04 PM   #13
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Well, I guess Brazil is not a good option. Too risky...
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Old 12-04-2004, 03:53 PM   #14
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Quote:
Originally posted by kmanrox
you're going to want an offshore corp for privacy... try cyprus, bvi, mauritius.. there's tons of companies online that will do this for you, and even open an account for you to do all offshore banking...
What he said...

It's not really a good thing to try unless You "establish" Yourself there in some way first.

You basically have two ways of doing that:
1. Incorporate there, what kman's talking about.
2. Go through a residency-program the country has in place for foreigners.

Route 2 will cost You money as well, but has it's unique benefits as well.
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