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What about the Caribbean (Bahamas) with a flat in Miami where you could spend 1/3 of your time when you're bored :) The Combo Bahamas <> USA is what makes it awesome if you can afford it. Nassau is just: - 2H30 to NY - 45 min to Miami With more than 10 flights per day to Flordia (before...

Where I live: New Providence (Nassau) Where I wish I could live: Harbor Island

Again, this is very subjective. For me, the Pros (in a world without COVID) are: - proximity to the US (45 Min Flight to Miami, 2H30 Flight to NY) - no income tax, no tax filing - decent return on real estate investment - I meet great people while in The Bahamas About the Cons, it's mostly...

I just peruse the Terms & Condition and don't understand which rules you are referring too

It would take a book to resume 11 years of permanent residency in the Bahamas :) There is PRO/CON like in any country and will mostly depend on your own situation and what you like. All I'm willing to share publicly I put in my Blog in French, the rest I'll do in private only. If you have a...

I was 27 when I moved to the Bahamas for the same reason in 2009 The cost of life is indeed very expensive... and I think your math is far below the actual reality. If you get a chance, check the "Case Study" I wrote here (you will have to use google translate from French to English)...

My username on this forum, with .com at the end :)

Yes, but please contact me by email (check contact section of my website)

I end up with Euro Pacific Bank (so far, so good, but at the same time my startup is very small, I'm still working hard on my product-market fit) It was impossible for me to open a Bank Account in HK. I use to have an HK Company + Offshore Status for a previous successful venture, and it works...

It's actually worst than that: http://www.tribune242.com/news/2020/may/08/our-foots-your-neck-eu-warns/ "The Attorney General last night said senior European officials and politicians have warned The Bahamas: "We won't take our foot off your neck until you implement a corporate income tax."...

Yes, HSBC Sprint account I try (hard) : - Complete their online form, - Wait for somebody to contact me (they don't care about your timezone and contacted me by phone at 2 am) - Complete their KYC form (with certified copy), - Send Business Plan and explain my business (SEO related), - Wait for...

I'm not providing such services. I'm just talking about my own experience for my own needs.

Yes, I fund the account with an account from EU without any problem.

I successfully open with Euro Pacific Bank in Puerto Rico for the Bahamian IBC, and so far I can't complain, it's working as expected. Even though Puerto Rico is in the USA, it's impossible to link this Bank Account to the PayPal account of the Bahamian IBC. If my business gets more traction, I...

- Royal Bank of Canada (Nassau / Bahamas), but they want $5,000 setup fee and then $250 / month + annual review of $150 - Euro Pacific Bank (Puerto Rico) <- approved, just need to certify my documents and get going. - HSBC (Hong Kong) <- sent document, waiting for Compliance to review and then...

If we put HK aside (I like the idea of having HK Company, but only if the Bank was also in HK, and then claim "Offshore Status") So if it's: Company: Bahamian IBC UBO: Bahamian Resident Any recommendation of a reliable bank I could deal with?

Got it, but if HK is zero chance, and Euro Pacific Bank is even worse, then what are the option left today :) ?!

For this route, I'm trying to open with "Euro Pacific Bank" (Puerto Rico), and with HSBC HK (Sprint Account). But do you have any other suggestions of Bank that could accept working with a Bahamian IBC?

Thank you Majeed for the tips, I will try this "HSBC Sprint Account" online application right away. Can you do an introduction with Standard Chartered Bank?

It's obviously not good timing to travel to HK right now, but eventually, it will get better. I'm more concerned about the reality your point "2nd" (no strong ties to HK = zero chance they'll open) as I actually experienced that in the past... (a refusal to open an account in HK in 2017/2018)...