Ensure tax efficiency, structure accounts to avoid double taxation, leveraging treaties or offshore hubs.
Expat banking involves managing multi-currency accounts, cross-border fees, and regulations abroad. Choose global banks (HSBC, Citibank) or digital-first platforms (Revolut, Wise) for seamless financial solutions.
Prioritize banks with strong expat support, including English-speaking staff and compliance with FATCA/CRS tax reporting. Consider offshore brokerage accounts (Interactive Brokers, Schwab International) for diversified investments without local restrictions.
Ensure tax efficiency by structuring accounts to avoid double taxation. Watch for high minimum balances and foreign transaction fees. Maintain a local bank account for daily expenses while exploring international options.
Expat banking involves managing multi-currency accounts, cross-border fees, and regulations abroad. Choose global banks (HSBC, Citibank) or digital-first platforms (Revolut, Wise) for seamless financial solutions.
