How to Open an Offshore Bank Account as a US Citizen

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When Andrew started Nomad Capitalist, one of my primary goals was to counter some of the bad information out there on the internet about topics like opening offshore bank accounts and getting residency in other countries.

See, after Andrew decided to leave the United States for good, He spent a lot of time researching these topics, and I quickly learned that most of what’s on the internet is garbage.
Some of these websites were out of date or didn’t quite know what they were talking about, but others went as far as advertising offshore banking and second passport scams.

So, once Andrew had done many of these things himself, He decided that he wanted to share his knowledge and dispel some of this misleading information.

Now, one of the most common rumors that we hear is that opening an offshore bank account is near-impossible for US citizens.

In this video, Andrew gives you four tips to show that information is inaccurate.

00:00 Start
00:20 How to Open Foreign Bank Account
02:16 Residence Permit and Second Citizenship
04:14 Living in Dubai
04:39 Portugal Golden Visa
05:53 Banking in Georgia
06:55 Can US Citizens Open Offshore Bank Accounts?
09:10 Banking for High Net Worth Individuals

Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".

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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.