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michael reader

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May 28, 2025
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i got in touch with an hsbc offshore bank in hong kong and they just told me to get in contact with a professional tax adviser...... as far as offshore banking, digital banking, electronic money institutions, ect... go, what kind of professional tax adviser should i be seeing? what would the people at hsbc mean by that? to what kind of professional tax adviser should i be consulting with if hsbc hong kong told me to do so???? can someone give me a few pointers? thank you.
 
Never deal with HSBC remotely. I learnt my lesson the hard way 🙁. This video sums up the reality.


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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
michael reader said:
then what kind of professional tax adviser who isnt affiliated with hsbc should i be talking to then? rsvp
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Speak to any local advisor that is totally independent.

I would never deal remotely with HSBC again if it is the last bank on earth.

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Search for Formation/Registration/Accounting Company in HK, they handle foreign client intros for local Banks.

But for HK Bank, you need to be in HK and present a good biz plan why you wanna Bank there, forget the remote way.
 
michael reader said:
what kind of avisors online are totally independent? rsvp
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The ones that don't boast they can introduce you to XYZ bank. However I get your point "totally independent "is a relative term. Every advisor is going to have a personal bias based on their own past experience 🙁.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
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