Offshore Banking Explained: What Is An Offshore Bank Account?

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  • Опубликовано: 8 ноя 2024

Комментарии • 23

  • @WealthyExpat
    @WealthyExpat  3 года назад +1

    Thank you for watching this Offshore Banking explainer video!
    If you want to learn more about how to lower your taxes legally and move offshore subscribe to the channel here: ruclips.net/channel/UC49PyeVkVY6godW0pF6H8Pg

  • @UTBSL
    @UTBSL 3 месяца назад

    Useful informations thanks dude

  • @njjj3338
    @njjj3338 4 месяца назад +1

    Which countries or banks are safest, with highest interest rates and private? I'm in the UK.

  • @ricardoramirez-io7qq
    @ricardoramirez-io7qq Год назад

    great channel 👍 quick question can you link a cayman island to your airbnb account to receive income of your worldwide properties?

  • @billionaireboyz007
    @billionaireboyz007 3 года назад +1

    What's the cost of opening a company in UAE if you wanna do day trading to avoid capital gains taxes???

    • @WealthyExpat
      @WealthyExpat  3 года назад +4

      If you're a US citizen you can't avoid capital gains at all, if you're not a US citizen then you can, the cost will be around $12,000 - $14,000 to set up the company including your residence visa, bank accounts, etc

  • @CheezersDeluxe
    @CheezersDeluxe 2 года назад

    Will Ssi be able to look at the money in the other account. Basically all I want to know is if I'll be able to feasibly avoid the 2000$ limit I have in the us?

  • @EnglishRain
    @EnglishRain 2 года назад +1

    7:38 6%+ interest in Dubai? Which bank were you referring to?

    • @Frag1ty
      @Frag1ty Год назад +1

      I'm also curious

  • @bebethbuer4146
    @bebethbuer4146 11 месяцев назад

    I am not a US citizen, can I just create an offshore bank account for a single transaction and empty it?

  • @emmanueldawariye5699
    @emmanueldawariye5699 3 года назад +3

    As a forex trader how do I do this

    • @WealthyExpat
      @WealthyExpat  3 года назад +3

      Depends on your citizenship, but usually you can create a company in Dubai for example and hire yourself as the main employee for trading, then you can get a residence permit in the UAE. Then pay 0% on the profits of the company since UAE has 0 capital gains and 0 corporate tax.

    • @emmanueldawariye5699
      @emmanueldawariye5699 3 года назад

      @@WealthyExpat thanks

  • @Dandy30249
    @Dandy30249 2 месяца назад

    Can someone closes an offshore account after opening ?

  • @glenfisher3269
    @glenfisher3269 10 месяцев назад

    Anyone hear of Pacific Offshore Central Bank? I cannot find anywhere. I supposedly have an account there.

    • @liloegger6168
      @liloegger6168 9 месяцев назад

      Found it yet? I used to know someone who worked there. I hope you’ve found what you’re seeking. Goodluck

  • @jaden-willlewis9142
    @jaden-willlewis9142 2 года назад

    Can I open PayPal with this offshore bank account

  • @otmanalami6621
    @otmanalami6621 Год назад

    It's OKay to have a business in us abd and the banking in an other county or you must the bank in US as well (i m not us citizen)

  • @sanjayvaghela8898
    @sanjayvaghela8898 Год назад

    What CMNNL BNK

  • @BbBb-hw5pq
    @BbBb-hw5pq Месяц назад

    So whats the point of banking offshore . You are not being clear . All you said is lowering tax .

  • @Ukboss1
    @Ukboss1 12 дней назад

    So offshore banks are useless now adays because of law changes