Offshore Banking Options for Individuals and other Solutions 2020

Author: The Wandering Investor

Published: June 11th 2020 

Pages and format: 50 – PDF 

You want to open an offshore bank account but don’t know where to start? Or you’ve started but are struggling to make sense of which option you should choose?

Having an offshore bank account for diversification has never been as important as it is now.

This book reviews 21 countries and 23 “real banks” that accept non-residents

Chapter 1: Opening an offshore bank account in person

Chapter 2: Opening an offshore bank account remotely with a “real bank”

Chapter 3: Opening a bank account remotely with an online bank

Chapter 4: Sending your money to an offshore brokerage account

Chapter 5: Sending your money to an offshore precious metals dealer

Chapter 6: Getting past capital controls using cryptocurrency

You will also get reviews of online banks in Europe, America, and Asia, some of which accept non-residents. The book also mentions various brokerages which accept non-residents, and offshore precious metals dealers where you can store your gold. Both these options are great in case you want to take money out of your country, but don’t necessarily want to open an offshore bank account

Finally, the author describes step-by-step how some people are currently using cryptocurrency to get past capital controls.

Save time and money

This book is a great resource which will save you a lot of time, and which will help you narrow down which banks and jurisdictions are probably the best match for your needs.

You wouldn’t want to spend a lot of time and money opening an offshore bank account, only to find out later that it’s isn’t a match for you. This book on offshore banking options for individuals will save you both time and money.