<h1 class="entry-title">Category: Banking</h1>
02
Sep
I Hate It When My Wife Asks Me These Questions My wife has suggested I write a book. The two of us are hunkered down in Panama together for the next three months. Seems like an opportunity for that kind of project. "Begin," my editor wife counseled, "by reviewing the big-picture benefits of organizing your [...]
22
Jul
What You Need To Know About Moving Money Across International Borders In Today’s World One thing to consider when investing in another country is to do with the requirements for repatriating your funds if and when you decide to sell the investment. Often, transferring money out of a country isn't as simple as calling your [...]
13
Jun
The Best Place To Hold An Offshore Bank Account The question I am asked maybe more than any other by readers and conference attendees is: Where is the best place in the world to open an offshore bank account? As with any question related to your personal life, the answer is: It depends. It depends [...]
01
Oct
Cloned! What You Need To Know About Debit Cards When Traveling My son is traveling in Japan with a couple of classmates during the first break of his freshman year at university. In addition to now being able to check off his first “solo” country (that is, country that no one else in the family [...]
02
Aug
At last week’s Offshore Wealth Summit in Santo Domingo, my team and I looked at the best current options for planting your Five Flags, including your best choices today for alternative residency and for opening a bank account overseas. Why might you want a bank account in another country? Maybe because you’re planning to move to […]
22
Feb
Posted by Samantha Russell
In Banking
What's Fueling This Boom? (And, No, It's Not Too Late For You To Get In) The economy of the country where you decide to relocate is important... because a healthy economy means money flowing through the place. It also helps to support a safe and stable climate generally. Panama has the most robust economy in [...]
29
Jan
DR Citizenship And A Bank Account In Singapore—My 2018 Plan Already we're at the end of the first month of this New Year. What flags are on your resolutions list for planting in 2018? At the top of my personal agenda this year is finalizing my Dominican Republic naturalization. The process was delayed in 2017... [...]
25
Jan
Here’s some fresh advice, something that goes against what Vicki and I have been saying and doing for at least 30 years. Carry more cash when you travel or live abroad. I hate to recommend cash. With cash we’re vulnerable to theft and loss. Some years ago friends rented a beach house in Uruguay, hid […]
25
May
Why This Is My Favorite Offshore Haven Right Now These folks weren’t fooling around. The crowd in the room for last week’s Live and Invest in the Dominican Republic Conference (our biggest to date) was the savviest and best prepared I’ve had the pleasure of getting to know. Some had taken steps to push their [...]
13
Feb
“What bank do you recommend in Panama?” That’s one of the most frequently asked questions I receive. I get it at least a couple of times a week… The honest answer? None. Panama currently has 78 banks. Of those, 29 have international licenses; 49, including the 2 government banks, have general licenses. I’ve dealt personally […]
