How to open a US bank account from the Caribbean

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  • Опубликовано: 7 сен 2024
  • Unlock financial freedom by opening a US bank account from the Caribbean! Discover step-by-step instructions for personal and business accounts, funding tips, and the benefits of global transactions. Perfect for entrepreneurs, frequent travellers, and online business owners. Start leveraging the power of a US bank account today!
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Комментарии • 92

  • @iamstephenstanberry
    @iamstephenstanberry 2 месяца назад +14

    I help Jamaicans register their LLC in the US. I’ve worked in the business formation service for years so I know the best options so you don’t pay out a bunch of fees annually for your LLC. So anyone need my help can reach out to me with their questions

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +2

      Great 👍🏾, I’ll pin the comment so people who need it can see

    • @hasilcreator62
      @hasilcreator62 2 месяца назад

      How

    • @hasilcreator62
      @hasilcreator62 2 месяца назад

      Apakah anda juga bisa membantu saya membuat akun di amerika? Saya dari indonesia

    • @peterunruly7727
      @peterunruly7727 2 месяца назад

      What are the best states do you recommend because I was looking at Wyoming or Rhode Island what do you think?

    • @mikematthews167
      @mikematthews167 Месяц назад

      How much do you charge for this service?

  • @javaunsewell9213
    @javaunsewell9213 2 месяца назад +13

    Your videos just keep on getting more dynamic and engaging.... Plus... I like the idea of a US bank acccount, lol.

    • @DemetressFairman
      @DemetressFairman  2 месяца назад

      Respect 🙏🏾 just trying to make quality for you guys

  • @theprimecoder4981
    @theprimecoder4981 2 месяца назад +2

    This would be good for my online freelance business

  • @pandathepanda4858
    @pandathepanda4858 2 месяца назад

    Also, if you are in New York, you can apply for a state ID and that can be used for POA

  • @georgiii.e
    @georgiii.e 2 месяца назад +5

    Boi Demetress, it look like you have access to my search history bcuz I was researching this last week. So thank you so much for this information! Btw, can I use my National ID (Voters ID) instead of a Driver's license?

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +1

      Yes if it’s up to date, lol glad I could help

  • @zedonfindley
    @zedonfindley 2 месяца назад +4

    Wise can still be access. U affi change smt in d settings. I have helped others with this issue

    • @DemetressFairman
      @DemetressFairman  2 месяца назад

      What’s the thing that you change ?

    • @zedonfindley
      @zedonfindley 2 месяца назад

      The country you reside in, but do not change your nationality.

    • @joshuarandall1165
      @joshuarandall1165 2 месяца назад

      It work but when requesting for the us account details on wise it's asking to check identity ​@@zedonfindley

    • @trendsettergaming9359
      @trendsettergaming9359 2 месяца назад

      @@zedonfindleyI can confirm this works

    • @chipem3337
      @chipem3337 2 месяца назад +1

      ​@@zedonfindleyexplain it properly, what should we change in the settings.

  • @isha7907
    @isha7907 Месяц назад +1

    Need a USA bank account, dont have license, passport, no family overseas not planning on traveling no time soon. I have try Wise and payoneer no luck with the both of them

  • @stareagle4131
    @stareagle4131 2 месяца назад +1

    I used an amazon invoice for something shipped to me at my cousin's address as proof of address.

  • @kaenja
    @kaenja 2 месяца назад

    Thank you for this video. This definitely helps..

  • @noneyuh7069
    @noneyuh7069 2 месяца назад +2

    Bank of America in New York Requires you to be a green card holder/citizen….not sure of the other banks.

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +1

      Not so sure of that because I did mine and a friend also just did theirs and we aren’t citizens or green card holders

  • @kemistrypops
    @kemistrypops 2 месяца назад

    Great tips

  • @sharomeblackstock9556
    @sharomeblackstock9556 Месяц назад

    UPS sounds better the joint bill could set immigration in Jamaica on you

  • @thebeautiesfamily
    @thebeautiesfamily 2 месяца назад

    Love this ❤❤❤

  • @sharnsimmonds
    @sharnsimmonds 2 месяца назад

    Respect bro

  • @sAb316_
    @sAb316_ 2 месяца назад

    New to the channel, nice videos

  • @jevonne8160
    @jevonne8160 Месяц назад

    The biggest mistake I made was closing my Bank of America account when I was done with work and travel

  • @smiliekj
    @smiliekj 18 дней назад

    What if a family member adds me as a joint account holder on their us accounts?

  • @GoldenVilleS
    @GoldenVilleS 2 месяца назад +7

    4 different transition in one video, bro editing skills a max out.

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +3

      lol felt like being creative

    • @gavinbrown7974
      @gavinbrown7974 2 месяца назад

      @@DemetressFairman bro i do editing you can connect

  • @conrickwatson9746
    @conrickwatson9746 2 месяца назад +1

    Maybe this was only due to covid but when i was setting up my fargo account in 2020 she legit asked me to show her my amazon delivery adress as verification.. easy easy.. in Jamaica u have to know God himself to get an account

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +1

      😂 man say God himself 😂 I realized going to the US banks and just talking to a person can allow you to bypass most requirements

    • @comemekwichatlikklebit3352
      @comemekwichatlikklebit3352 2 месяца назад

      This idea nuh bad at all. So do we print/show invoice from our Amazon account where stuffs are being delivered?

    • @conrickwatson9746
      @conrickwatson9746 2 месяца назад

      @@comemekwichatlikklebit3352 they just wanted to see 2 deliveries to the address i gave them since i told them i do not live in the states.... jamaica behave like it tek more dan 4hrs fi drive from 1 end to the next.. wa me need JP ina me business fa

  • @therealkash6682
    @therealkash6682 2 месяца назад +2

    Question is it better to buy stocks through NCB or JMMB?
    If yes why

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +3

      I don’t think any is better, it’s just a preference and which ever is closer to you to set up the account. Jmmb however does have cheaper fees

    • @therealkash6682
      @therealkash6682 2 месяца назад

      @@DemetressFairman thanks

  • @okjr
    @okjr 2 месяца назад +1

    Wait isn't citibank in jamaica? Yes delaware low corporate taxes & no sales tax

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +3

      Citibank in Jamaica is for corporations like banks, not the everyday man or business

  • @MrNelson231
    @MrNelson231 2 месяца назад +4

    Its easier for a Jamaican citizen to open a US bank account, than it is for that same Jamaican to open a Jamaican bank account. SMDH.

    • @DemetressFairman
      @DemetressFairman  2 месяца назад

      Only thing different is the reference I think and in some cases American banks too ask for references like place of work.

    • @MrNelson231
      @MrNelson231 Месяц назад

      @@DemetressFairman Not really. I have multiple bank accounts across different providers and never once asked for proof of employment, or references. American banks also don't as for recent tax history, but if a returning resident needs an account, then he or she must provide tax documents from the foreign country of residence. A driver's license should be all you need to set up a bank account.

  • @kaenja
    @kaenja 2 месяца назад

    Quick question: Are you aware of any payment gateways that can be built into websites where the funds from customers will be deposited directly into a Jamaican bank account?

  • @truelifewhitney
    @truelifewhitney 2 месяца назад

    Thank you so much 🎉

  • @juniormarshallhastings723
    @juniormarshallhastings723 2 месяца назад +1

    6:59 What is your strategy for mastering pull ups?

    • @DemetressFairman
      @DemetressFairman  2 месяца назад

      Using a chair so I can reduce my body weight on the bar until I can do 5 controlled full pulls. Then progress from there

    • @juniormarshallhastings723
      @juniormarshallhastings723 2 месяца назад

      Can you do a pull up tutorial video using the chair method for us to see?

  • @pandathepanda4858
    @pandathepanda4858 2 месяца назад

    why u couldnt post this last month when i was in the US😭

  • @kenabartholomew5777
    @kenabartholomew5777 2 месяца назад

    Would love to connect with you man. What's the best way to reach you?

  • @sheensp4031
    @sheensp4031 2 месяца назад +1

    Hey, curious, in the case of Citibank, what is the minimum amount needed to open an account?

    • @DemetressFairman
      @DemetressFairman  2 месяца назад

      Not sure but based on my current chase account it took $100usd

    • @sheensp4031
      @sheensp4031 2 месяца назад

      Thank you 👍​@@DemetressFairman

  • @cameilramouche3644
    @cameilramouche3644 2 месяца назад

    The only ID I have is my passport, so what else could I present as and ID

  • @TeaTimeWithT8
    @TeaTimeWithT8 2 месяца назад

    Love yuh fi dis! ♥️ mi did ave a wellsfargo and it close down and I went to another state to open a BOA and dem say me affi have proof of address.

  • @xcx23cwea65
    @xcx23cwea65 2 месяца назад

    But wouldn't a US bank account make Caribbean nationals liable to the IRA Taxes and extradition if found suspected of... Just asking

    • @astonallen2628
      @astonallen2628 Месяц назад +1

      The bank where you open the account should have you fill out a Form W-8BEN declaring your non-resident status thereby exempting you from US taxation.

  • @MsFortune21
    @MsFortune21 2 месяца назад +2

    Get contract cellphone for proof of address.

    • @DemetressFairman
      @DemetressFairman  2 месяца назад

      Good idea o

    • @drazzking22
      @drazzking22 Месяц назад

      You cannot get a cellphone contract in your name, without a social. You can get prepaid, but with that you don’t need a social or even an address. You get it in any name. You could even say your name is a dog or a cat.😂😂

  • @orvilleblack3774
    @orvilleblack3774 2 месяца назад +1

    What’s the benefit of opening an US account in the USA as to opening a US account in any JA bank?

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +2

      Receiving payment from US companies and also making payments, most US ja accounts only allow saving and if you spend it converts to Ja so you lose value

    • @orvilleblack3774
      @orvilleblack3774 2 месяца назад

      @@DemetressFairman ok, understood. Thanks

    • @QuadRisk-yc9ht
      @QuadRisk-yc9ht Месяц назад

      ​@@DemetressFairmanHow would you recieve the physical card in Jamaica

  • @Markieshorts
    @Markieshorts 2 месяца назад

    Me no have nuh visa fi travel😅

    • @MyJamaican
      @MyJamaican 2 месяца назад

      U can set up a Payoneer account. They give u a USA bank account

    • @MyJamaican
      @MyJamaican 2 месяца назад

      There is no need to travel

  • @RDL_Jamaican
    @RDL_Jamaican 2 месяца назад

    mBridge made this obsolete

  • @smith8473
    @smith8473 2 месяца назад +1

    Are you an engineer?

    • @DemetressFairman
      @DemetressFairman  2 месяца назад

      Studied

    • @CGodfather
      @CGodfather 2 месяца назад

      @@DemetressFairman whats ur total investment in stocks trying to find the video but I can't seem to.

  • @juniormarshallhastings723
    @juniormarshallhastings723 2 месяца назад +1

    1:44 Opening a bank account in America doesn’t make any sense if are a tourist with a visa that can be decommissioned by the embassy.

    • @DemetressFairman
      @DemetressFairman  2 месяца назад +1

      A lot of things in life can be revoked but that doesn’t mean it makes no sense to get them, use them while you can

    • @juniormarshallhastings723
      @juniormarshallhastings723 2 месяца назад +1

      @@DemetressFairman Picture this.... You have $60k USD lodged into a U.S. bank account... The embassy revokes your visa to travel and to do business abroad.... How will you get back your saving or investment if it's not a joint account with a U.S. citizen or permanent resident?

    • @BlitzTrader
      @BlitzTrader 2 месяца назад

      By having a US LLC ​@@juniormarshallhastings723

    • @Romario4D
      @Romario4D 2 месяца назад

      @@juniormarshallhastings723if your visa gets revoked you still have your account kind sir

    • @Elliottsblog
      @Elliottsblog 2 месяца назад

      ​@juniormarshallhastings723 the bank account is yours you have wire transfer you have the card you can do withdrawals at ATM Internationallly. Just call the bank and tell them your traveling. Revoked visa doesn't affect your bank funds unless your travel to work and you owe taxes and other crazy reasons.

  • @Cregdidit
    @Cregdidit 2 месяца назад

    BOFA