How to Bank When Living Overseas

Video quality	The size	Download

Information How to Bank When Living Overseas

Title	:	How to Bank When Living Overseas
Lasting	:	12.34
Date of publication	:
Views	:	42 rb

What if you're retiring to another country
Comment from : @dantickle5562

disclaimer: US address is required for his advice
Comment from : @mycockerspaniel

Im not trusting US banks…
Comment from : @Hmmm313

I'm a US citizen who became an expat 30 years ago when I moved to Costa Rica Now I find myself needing a US bank account and Wise is giving me fits They will let me have an account with them, but I can't receive or transfer US dollars from that account because I am no longer a resident of the US Tried using my son's address but they caught that in a second Any suggestions anyone? Any other US banks similar to Wise that are less strict?
Comment from : @Time2Liveonline

Wise has worked extremely well for me I also like schwab but my address with them is at a relatives home in a state with no state income tax But I am only a part time international resident
Comment from : @jimjensen9139

The most important thing is the 2 factor identification which is a serious pain in the ass Many people end up getting or keeping a US phone The problem being the banks want to send you a code to your phone and it has to be a US phone
Comment from : @tepoztlan-osbornemusic6658

First, if you are a US citizen and moving to Costa Rica the best thing is to keep US credit cards because they treat you better than the CCs in Costa Rica If you need to return anything the US credit card will have better ethics than a CR CC Would you have any way to deal with SMS US bank codes using an international phone? Thank you so much
Comment from : @erikaclare6058

Great video Very helpful and informative It's a no brainer that it would be safer and more useful to keep your US bank account if you move overseas
Comment from : @xporkrind

With a VPN, can a bank's online banking detect that you are NOT local? brJust ACH between banks as necessary brCurrency conversion is no problembrOf course, I'm not Cindi, so I'm not all-knowing
Comment from : @clintbrock7697

You're the Man! 😁
Comment from : @marksawesomeadventures

Man, Cindi cut you deep
Comment from : @Hybzy

10:12 Don’t mess with the bull, Cindy, or you get the horns 😂
Comment from : @MichaelGolpe

Poor misinformed self opinionated Cindy Needs a realty check girrl 😅
Comment from : @meerapatankar7275

Sounds like a Karen not a CindibrbrSubscribed and Thank You Andrew
Comment from : @CDubs754

Cindi 😅
Comment from : @worldwisecapital

Idk, I paid Amex with foreign checks However, mail it super early That's my advice You also have to estimate your charges for a foreign currency check So make it a little higher than you expect I already have a credit profile here, so they would give me a card I keep US cards for online USD purchases It doesn't necessarily profit you The exchange rate is still going to affect you at some point
Comment from : @verreal

Okr
Comment from : @nasigorengpecelesteh1506

Lol😂
Comment from : @urbancornbread5500

Thank you
Comment from : @billharris3090

He is right, USA banking account with a bank that understands international or a Foreign bank with a signifiant us presence ie Citi , TD ect they should also have no problem with you traveling as much as you want to as long as you let them know As far as paying your credit card from overseas banks I think if you have a dollar account and a Visa logo or MasterCard logo on your debit card it should work
Comment from : @keepdreaming227

Will it be possible to keep my brokerage accounts like Schwab and Fidelity if I plan to live off dividends abroad and use their cards too?
Comment from : @gus8022

Andrew, just because you have this channel which gives millions of people the correct advice about what Cindy advised you on doesn't mean you know more about these things than Cindy does There are different types of intelligence, you know Whales and dolphins communicate differently tha do humans and it doesn't mean rhat they are less intelligent than humans are Maybe Cindy is an expert on foreign banking advice but just for squirrels or something 😂
Comment from : @knockknock1246

Americans aren't known for their intelligence and are very arrogant about how the World works
Comment from : @TheKiwiKooker

How to move a small amount of gold and silver overseas?
Comment from : @JS-jh4cy

Thank you, I was wondering how it was done
Comment from : @phmiii

Bitcoin fixes this
Comment from : @FearlessRefactoring

Good information! I'm a Canadian considering moving to a Central American country in a few years I have been considering Belize which I have heard has issues with banking and people withdrawing money, etc So, as a Canadian, I could have an American bank account and use it to pay stuff in Belize? This is a good answer for me Thanks!
Comment from : @kathybirkett7986

Us nationals don’t have to report foreign bank accounts
Comment from : @ahmedglobal2088

Hi Andrew, You mentioned offshoring a retirement account Is that possible for an American? Recently, the US has started making it difficult for Americans to invest in certain countries Would offshoring make it it less difficult or risky? I'm talking specifically about Roth IRAs
Comment from : @gryblk21

Huh??? Why can’t you pay them? I do all the time through bill pay brbrNot only that the credit cards have the best exchange rates I was a currency trader for a long time and one of my biggest frustrations
Comment from : @InvestingWithAdamK

I opened an account with what was Transferwise back in 2017, probably one of my best banking decisions Six years later I’m still with Wise and it’s so easy to move funds around the world
Comment from : @foxbatmotorsports

I moved from the US to the UK in 2009 I kept my bank account and I am still using it today for many things like irs payments, PayPal, utility bills for my house there, sending money It is working well
Comment from : @IaN09876

After 7 minutes of listen, wouldn’t you agree the banking system is out dated? Crypto needs to take over payments so this is all a thing of the past like the Pontiac Aztec
Comment from : @iREALmedia

No problem at all, I go to Serbia every year I have 2 americredit credit cards, I use cards over there like here in USA and just pay them online No different than you pay them here in USA
Comment from : @tonyn3227

I wish would find out who she was interacting with She told you that you must have never lived abroad😂😂😂😂😂
Comment from : @cryptofan8057

You just did a video on us bank being on shaky footing so I don't understand this Keep US bank or banks are shaky now?
Comment from : @pepper2304

IF MY WIFE HAS A BANK ACCOUNT IN THE PHILIPPINES AND WE LIVE IN THE PHILIPPINES, DO I HAVE TO PAY US TAXES ON THE INTEREST OF THIS BANK ACCOUNT? MY NAME IS (NOT) ON THE ACCOUNT I SHOULD NOT HAVE TO ASK THIS QUESTION, BUT I AM A US CITIZEN
Comment from : @falcon127

I WAS IN THE PHILIPPINES AND PAID MY B of A CREDIT CARD BY GOING ON-LINE AND PAYING IT THAT WAY I NOTIFIED MY BANK THAT I WOULD BE IN THE PHILIPPINES
Comment from : @falcon127

Hi Andrew I’m Cindi’s husband Thank you for putting her in her place I’m eternally grateful 😉
Comment from : @daveg2545

Im not a US resident, Ive never lived there, but my credit cards are from US banks because they have the best onesI applied only for Citi and Bofa credit cards, at the moment Im not allowed to apply for Chase credit cards
Comment from : @garciatunion

Lol andrew got into a facebook war with a Karen :)
Comment from : @pures1n

Just got back from Malaysia and Wise was a God send
Comment from : @lordumas

Looks like Andrew got April 1st baited by Cindy ;)
Comment from : @fried77

I found that some banks have branches in other countries, in my case the Royal bank has branches in the Caribbean as well as associate banks (PNG bank) in the USA I found my credit follows me and the movement of funds is much easier That being said I still have to maintain limited ties to Canada to avoid being considered eligible for taxation
Comment from : @lawerencecohen8287

Definitely depends on a variety of factors If your business has a global audience you may even be able to have the corporate account accept the currencies you need for your personal life (and also paying taxes in those currencies) and take your salary in whatever currencies you need And while $50 in wire fees may not mean much to a 7 figure entrepreneur having local accounts can still be cheaper
Comment from : @nathanjenkins8731

Do NOT feed the trolls!, you just gave this "Cindi" the validation she does NOT deserve!, you could have made this video about banking overseas without even mentioning her!
Comment from : @Aletheia_Z

I've found Interactive Brokers is much cheaper and better than Wise to pay bills in Europe I have an account in Europe but some sticky wicket is keeping me from getting into my account without going into the European Bank Unfortunately or fortunately, I'm in Asia for several months I just change funds to Euros and write a check
Comment from : @MarcLarsson-b8l