Any Americans Had Problem Open Bank Account Outside USA? - GoFuckYourself.com

RummyBoy · 05-20-2014, 10:31 AM

An American friend of mine is having a problem opening a bank account in a foreign country as he resides outside, anyone else had a similar problem?

Petra · 05-20-2014, 10:47 AM

Nope, but I opened it 8 years ago.

This is becoming more and more common with the whole FACTA BS that's requiring foreign banks to report accounts to the US.

RummyBoy · 05-20-2014, 10:51 AM

Quote:

Originally Posted by FreeOnes Petra

Nope, but I opened it 8 years ago.

This is becoming more and more common with the whole FACTA BS that's requiring foreign banks to report accounts to the US.

Im skeptical.
As a matter of FACTA, America is land of the FREE.

FREEDOM & LIBERTY

DWB · 05-20-2014, 10:52 AM

Hit Google, you will find a LOT of Americans are having the same problem. Banks are also closing their accounts.

Sign of the times for American expats. Another reason people are renouncing their citizenship in record numbers, even surpassing last year's number already.

scubadiver626 · 05-20-2014, 01:38 PM

That's why you incorporate overseas.

I've had inquiries w personal accounts but they've never fucked w our corporations .

Major (Tom) · 05-20-2014, 01:54 PM

Quote:

Originally Posted by DWB

Hit Google, you will find a LOT of Americans are having the same problem. Banks are also closing their accounts.

Sign of the times for American expats. Another reason people are renouncing their citizenship in record numbers, even surpassing last year's number already.

i beleive if you renounce you have to give the us gubment 1/2 of all your assets just because. That sucks.
ds

geedub · 05-20-2014, 02:01 PM

I had issues last year, prevented me from launching an office in a country I probably shouldn't have been anyways.

NALEM · 05-20-2014, 05:23 PM

Quote:

Originally Posted by RummyBoy

An American friend of mine is having a problem opening a bank account in a foreign country as he resides outside, anyone else had a similar problem?

Many banks outside the US do not want to touch an American unless you are dealing with a lot of money.

Quote:

Originally Posted by FreeOnes Petra

This is becoming more and more common with the whole FACTA BS that's requiring foreign banks to report accounts to the US.

Bingo

Quote:

Originally Posted by RummyBoy

Im skeptical.
As a matter of FACTA, America is land of the FREE.

FREEDOM & LIBERTY

Nothing free in America. Especially the people.

Quote:

Originally Posted by DWB

Hit Google, you will find a LOT of Americans are having the same problem. Banks are also closing their accounts.

Sign of the times for American expats. Another reason people are renouncing their citizenship in record numbers, even surpassing last year's number already.

Correct.

Quote:

Originally Posted by DukeSkywalker

i beleive if you renounce you have to give the us gubment 1/2 of all your assets just because. That sucks.
ds

There is an exit tax. It is far less, around 10% of the assets you declare and that they are aware of.

# # #

Open offshore, and contract with a local to be your Proxy Director, preferably an Accountant or Lawyer. Have them sign a carefully drafted statement that they are indeed only a Proxy, and that your friend is the true beneficiary, also have the Proxy sign the resignation form in advance but not date it, and last ... make sure the bank has written instructions from the Proxy, that there is no transactions do be done in bank, but only online. Have immediate possession of the security device and change all user IDs and Passwords.

Good luck!

Bladewire · 05-20-2014, 08:59 PM

Quote:

Originally Posted by NALEM

Nothing free in America. Especially the people.

Dude fuck you

Now you're anti American, figures

Dividing people based on race, gender, sexuality, citizenship, etc. shows a total lack of integrity on your part.

NALEM · 05-20-2014, 11:14 PM

Quote:

Originally Posted by Squirtit

Dude fuck you

Now you're anti American, figures

Dividing people based on race, gender, sexuality, citizenship, etc. shows a total lack of integrity on your part.

SquirtIt you seem a bit irritated tonight. Have a gerbel up your ass?

I am an American, and love my country very much - but the United States of America is fucked up. We the people, have our head far up our own asses. We live in a society that is very well controlled. The freedom is only an illusion. News is what they want to tell us ... our movement, communication and purchases are monitored ... and our votes don't count.

Entertain all of us reading this ....

Where in my comments did I "show a total lack of integrity" by "dividing people based on race, gender, sexuality, citizenship, etc" ?

scubadiver626 · 05-21-2014, 02:36 AM

$250k will get you a protected account with Merryl Lynch Hong Kong.

I only like keeping money in the USA for fdic.

Had a bank go out of business in the Philippines, total loss.

Be careful offshore! Plenty of Corp formation companies out there.

Bladewire · 05-21-2014, 07:41 AM

Quote:

Originally Posted by NALEM

SquirtIt you seem a bit irritated tonight. Have a gerbel up your ass?

Quote:

Originally Posted by NALEM

Where in my comments did I "show a total lack of integrity"

Pretty tacky, shows your true character

NALEM · 05-21-2014, 11:22 AM

Quote:

Originally Posted by Squirtit

Pretty tacky, shows your true character

Look in the mirror mate and say that.

SquirtIt, you failed to support your comment to my original post.

Fail once, you are welcome to try again.

mongercontent · 05-21-2014, 11:29 AM

Quote:

Originally Posted by NALEM

...but the United States of America is fucked up. We the people, have our head far up our own asses. We live in a society that is very well controlled. The freedom is only an illusion. News is what they want to tell us ... our movement, communication and purchases are monitored ... and our votes don't count.

+1 NAILED IT.

05-20-2014, 10:31 AM	#1
RummyBoy Confirmed User Join Date: Dec 2009 Posts: 2,157	Any Americans Had Problem Open Bank Account Outside USA? An American friend of mine is having a problem opening a bank account in a foreign country as he resides outside, anyone else had a similar problem?

05-20-2014, 10:47 AM	#2
Petra Confirmed User Industry Role: Join Date: Jul 2007 Location: Netherlands Posts: 515	Nope, but I opened it 8 years ago. This is becoming more and more common with the whole FACTA BS that's requiring foreign banks to report accounts to the US. __________________ SKYPE - petra.ann Email - [email protected]

05-20-2014, 01:38 PM	#5
scubadiver626 Confirmed User Join Date: Oct 2006 Posts: 1,034	That's why you incorporate overseas. I've had inquiries w personal accounts but they've never fucked w our corporations . Last edited by scubadiver626; 05-20-2014 at 01:41 PM..

05-21-2014, 02:36 AM	#11
scubadiver626 Confirmed User Join Date: Oct 2006 Posts: 1,034	$250k will get you a protected account with Merryl Lynch Hong Kong. I only like keeping money in the USA for fdic. Had a bank go out of business in the Philippines, total loss. Be careful offshore! Plenty of Corp formation companies out there. __________________ AsiaMoviePass My Best Rebilling Site

05-20-2014, 10:52 AM	#4
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	Hit Google, you will find a LOT of Americans are having the same problem. Banks are also closing their accounts. Sign of the times for American expats. Another reason people are renouncing their citizenship in record numbers, even surpassing last year's number already.

05-20-2014, 02:01 PM	#7
geedub Confirmed User Industry Role: Join Date: Jun 2005 Location: concrete jungle Posts: 3,489	I had issues last year, prevented me from launching an office in a country I probably shouldn't have been anyways.