Скачать или смотреть I Closed 8 Offshore Bank Accounts (Here's Why)

Get a fee-free transfer up to $600 when you try Wise! https://wise.com/invite/ihpc/kristinw... As a relocation specialist, one of the most common questions I get is "How to open an offshore bank account?". But most people don't realize that they might not need one. In this video, I'm sharing why I closed eight of my international bank accounts and why, so you can decide if you need one to manage your money overseas.I also share the hidden risks nobody talks about, and what actually works instead. 🌍 Get Moving Abroad Support: https://www.travelingwithkristin.com/...

Moving Abroad Resources: ✈️
→ Moving Abroad For Dummies Book: https://amzn.to/4eTs9T2
→ Moving Abroad Budget https://www.travelingwithkristin.com/...
→ Free Packing List: https://www.travelingwithkristin.com/...
→ International Travel Insurance: https://bit.ly/worldnomads_travelins

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Chapters:
00:28 Why Open Offshore Accounts?
02:30 Why I Closed My Accounts
05:35 U.S. Tax Risks
07:53 Opening A Foreign Bank Account
08:44 Hidden Costs Fees
10:42 Deposit Insurance Risks
12:54 What To Use Instead
18:32 Fintech Options
19:03 What About US Banks?

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👱🏻‍♀️ About: Kristin Wilson is the author of Digital Nomads For Dummies and Moving Abroad For Dummies. She's the creator and host of the top-rated Traveling with Kristin Podcast and YouTube channel. She's traveled to more than 65 countries and has been helping people move overseas since 2005.

❤️ Subscribe on YouTube:    / travelingwithkristin  
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💌 Stay in touch with my weekly travel newsletter: https://www.travelingwithkristin.com/...

PS: This video is for entertainment purposes only and is not consulting or advice. Video descriptions may contain affiliate or refer-a-friend links for products I use and recommend. Thanks for supporting the channel!

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#offshorebanking #internationalbanking #livingabroad