Offshore Banks Accepting Americans
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If you mean EU citizen living in other countries then yes. But scroll down on Natwest link and you will see the number of countries is limited where you must be a resident.
You may also try Barclays. They however seem to have stopped offering to EU residents. But if your EU citizen outside EU and your resident country is on approved list then your fine.
https://myapplication.international.barclays.com/ib/landingPage
You may also try Barclays. They however seem to have stopped offering to EU residents. But if your EU citizen outside EU and your resident country is on approved list then your fine.
https://myapplication.international.barclays.com/ib/landingPage
There is no real difference between US and EU member country citizenship .... you Lena beide the fact USA Must declare their world income no matter where they life but Europeans have free choice ?
slowly I feel children answer here in this forum. Honestly you shouldn’t give recommendations here to people *Love*
slowly I feel children answer here in this forum. Honestly you shouldn’t give recommendations here to people *Love*
Well for us citizens some banks and brokerages usually don't open up accounts even if they are resident of that country as banks/brokerages don't want to spend staff hours in doing cumbersome reporting. They welcome all EU citizens if residents of that country without a single problem.︀ It also depends on type of accounts too.
There is a huge difference between US and EU citizenship for banking. CRS vs FATCA administrative costs of the bank is 1:50. And I do not mention a risks for a bank business in case if anything is reported to IRS incorrectly...
If there is any US︀ tie, bank will say no unless client is willing to pay brutal fees which will︁ cover costs and risks of the bank. Bank si business like any other.
Problem with︂ MrYellow is, he is SOCIALIST. And he believes, all people are equal.. He does not︃ understand that it is not true..
If there is any US︀ tie, bank will say no unless client is willing to pay brutal fees which will︁ cover costs and risks of the bank. Bank si business like any other.
Problem with︂ MrYellow is, he is SOCIALIST. And he believes, all people are equal.. He does not︃ understand that it is not true..
ya not sure how people do not see the big glaring issue of US citizenship compared to︀ EU citizenship lol. The difference is i cant even get brokerage services in the COUNTRY︁ I LIVE IN THE EU from the banks while a EU citizen would have 0︂ issue.. then lets talk about investments EU KIT regulations make it so i cannot purchase︃ US domiciled funds unless they are translated into the country i reside in the EU's︄ language.. which they are not. This for an EU citizen no problem just buy a︅ fund in Ireland or Luxembourg and done but this isn't so simple for a US︆ citizen because then I am subjec to PFIC(Passive Foreign Investment Company) rules from the IRS︇ and reporting which is very strict.ns2 all in all comparing EU citizenship to US citizenship︈ is laughable get FATCA, PFIC, Citizenship based taxation, and then you can cry about your︉ eu passport. it is 1000x better at the current moment for banking and investment than︊ a US passport.
ya wanna try out my US passport and give your theory a trysmi(&% you'll be lucky to get a brokerage account in the congo much less any country you'd want your money in haha. You have no idea how much FATCA screws US passport holders clearly.. their︀ is a massive difference between a EU and US passport. US citizens PAY tax anywhere︁ in the world not just declare... I rely on tax treaties to avoid double taxation︂ in most cases but issues can still arise like with the sale of a home︃ etc.
only banks who accept americans is trnc , but they will ask deposit , may is n better for you pay uncle sam tax or move to low tax country , and till 80000 k youe income is tax free
I think he means the Foreign Earned Income Exemption for Americans?
Anyhow, I would agree that there is a big difference between US and EU citizenship. Worldwide taxation is a huge difference! EU citizens can easily opt out by changing residency from one day to the next. US citizens have to obtain a new passport and renounce, to reach the same situation. And even the they will be hounded to prove that they really renounced.
Anyhow, I would agree that there is a big difference between US and EU citizenship. Worldwide taxation is a huge difference! EU citizens can easily opt out by changing residency from one day to the next. US citizens have to obtain a new passport and renounce, to reach the same situation. And even the they will be hounded to prove that they really renounced.
Look at Andrew Henderson's videos and then realize what us average Americans have to face. Even in UAE as a bonafide resident of UAE I︀ face problems with some banks, brokerages simply denying my account on basis of being a︁ US passport holder. Many of them told me just get a new non US passport.︂ Problem resolved for us. ♂️. But still we have to file our reports with︃ IRS or face problems. Trust me some investments are closed too to us citizens. EU︄ citizens simply don't know such issues until EU starts doing that and I believe they︅ are passing something like this soon.
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