Heads up! Opening Charles Schwab account abroad

I am planning to travel to Mexico City next weekend and stay for 7-10 days there. I wonder if cafes, stores and other places like these work? And if cafes work, do they work as usual or only for take away&delivery? Will be very thankful if someone can help here.

Hi guys, wonder if you can help. I'm from the UK, and my husband and I are looking to go across Europe this coming year.

What's the best solution you've found re having all your post sent to you? I've found a site online that will set up a street address in the UK for you and scan in post to your email address, just wondering if you've found any other ways?

We've set up paperless statements, which has helped but with things like mortgages, official docs etc - how have you got around it?

Thanks so much!

Finally found a site with proper info that's updated daily about which places will reopen made by Skift: reopening.travel/reopening/

Hey guys, this was my first year as a Canadian nomad.

As far as I know of, Canadians don’t pay taxes if they do not live in the country for 6 months.

But I’d like to talk to an accountant or someone who does Canadian taxes specifically for expats and nomads to get clear on the rules and for help on my return coming up.

Does anyone know someone who specializes in Canada who can help? I’ve seen plenty of US recommendations but none for us canucks.

Thanks guys!

Normally, when I go abroad for a longer period of time, I try to take as much medication with me from my home country as I can for that period. Which so far has worked well for me.

But if I’m going to be a full-time nomad that won’t work anymore. Mainly because I’ll then unregister from my country. Which has some downsides like not being able to have my current health insurance anymore. Other health insurance companies won’t cover existing conditions, so I’ll have to buy my medication “over the counter”.

But since I need some medication which in The Netherlands (and I assume other countries) is only available on a doctors prescription. I was curious how people here arrange that (if there are any in the same boat as me).

The main medication I think would be hardest for me (and most expensive) to get is Epoetin-Alpha (Aranesp) injections.

Since there’s not really a ‘world wide standarized’ doctor prescription form, how do you get the medication abroad? Do you have a checkup there again at a local clinic before you can get the medication? (That would probably add to the cost too).

Looking for recommendations for reliable accountants who understand how remote businesses with off-shore freelancers and clients work. Thanks!

Hello the community,

I am thinking about opening a business bank account in another country outside of France.
I live in Paris and I work as a freelancer. The taxes on my salary are very expensive (around 85%). I would like to know if there are better options for bank accounts within Europe.

Thank you in advance for your help.

Regards,

J

Hey guys,

I’m in the beginning of my nomadic life. I currently have a UK account in GBP currency but most my clients pay me in USD either via Upwork or Transferwise. I was wondering if you know if there is a better way to deal with the fees?
I was looking at opening a USD account but the fees are ridiculous (I looked at HSBC).
Not sure if this is useful information but at the moment I’m still working as an independent freelancer. I haven’t set up a company yet as am looking for the best option for that.

Thanks

Hello guys, I was wondering if anyone had any experience in opening a business bank account in Hong Kong. I’m getting all the paperwork ready to incorporate in Seychelles and open the bank account but the agency that is helping me says Hong Kong bankers are getting more picky. They are asking me for business ‘proof’ since i’ve always ran my sites as an individual I wonder if just proof of payment from ad networks is enough. If you have any advice it would be much welcomed.

I hold South African/Portuguese dual citizenship, however I was born and (officially) reside in South Africa. Any recommendations for a nomad friendly european bank account ? Ie, one that does not require residency, proof of address, or have easy ways to get around these.
I will not be using it much for day to day expenses, more as a way to hold euros and be able to transfer between accounts. My US bank account has very high fees.
I am in europe for the next week or two (currently Italy) and hope to be able to get one before I leave.

Hi nomads! I’m trying to figure out all props and cons of using Charles Schwab vs N26 banks. Is anyone using those banks? If yea - what you like/dont like about it. And if income is mostly in US which one is better to open?

Thanks

Hey,

I’m looking for a remote accounting and company admin office in Bulgaria for handling a limited company fully remotely with 1-2 invoices per month max.

If you happen to know any, let me know.

Thank you!

Hi guys

According to you what is the best way to send and receive money abroad beside paypal?
What are the fees?
What are the pros and cons?

Hey guys… I’m from a EU country but in the past 6 years I spent there just 3 weeks.

I have a bank account in Australia, since I spent there over 4 years. Now I’m mostly in Thailand or travelling around.

Because of my experiences

a) PayPal froze my account for several weeks until I was able to give them documents that are very difficult to get if I’m no longer in Australia

b) when applying for a tourist visa to Australia just to pick up rest of my stuff - it’s supposed to be done within 48 hours… well it took them 3 weeks just to ask me for additional details (that I already gave them with the application anyway) - I lost my tickets and bookings - of course no way to email them, call or whatever

This made me think about the fact that I have all my money in Australia. While I’m doing nothing illegal I can’t risk that some “officer” with a bad day decide to freeze my account to investigate whatever and I’ll be left with nothing for who knows how long. Not to mention they usually can’t grasp the concept of perpetual travelling.

So my question - anyone has RECENT experience with opening a bank account in SE Asia? Either personal or business (thinking about UK LLP or US LLC)

It seems that

a) countries such Singapore has assumption that everyone and his dog is laundering money… $500 at a time…

b) Thailand with lazy and incompetent staff where you ask to open non-resident bank account just to be told “don’t have” … you point on the 3x3 metres huge board behind them listing interest for non-resident bank account - answer “aaah, yes yes can’t open, new rules” (even while having a Thai with me)

Thanks!

I am looking for testimonials of non US resident nomads who incorporated their company in the US & have a business bank account at a US bank.
I would like to know if the process has been difficult if you have been denied a business bank account because of your status as a non resident alien. If you were successful i would like to know if you are able to do everything that a US resident could do with the business bank account. For instance, i would like to know if you are able to do international wire transfers to the country where you reside.

Hey guys, i’m a Canadian resident. I have a corporation registered in Canada, and all of my income flows through this account and eventually into my personal account. I’m considering either opening a second Canadian account or an offshore bank account for the purpose of travel. My goal is not to change my business structure or avoid taxes, but simply to make it easier to make purchase worldwide.

I’m planning to do some travel in Asia and eventually South America. I know that in many countries, fraud can be a problem. Not only will I have to fight with my back to keep my account from being locked (they tend to be cautious when it comes accessing your account internationally) but i’m also concerned about having my card duplicated and used illegally.

What i’m looking for is some kind of bank account or prepaid card I can use to travel with. The idea is that I would transfer money to the account online, then withdraw the balance in cash to pay for my expenses. Because there will never be a balance on the card, I won’t have to worry about fraud. I’d also like to see if there is a way that I could reduce the fees I pay on currency exchanges or withdrawing in a foreign country.

Anybody have any suggestions?

I am looking into setting up an LTD in Hong Kong.

There would be 2 owners and around 250 invoices per month (no sales in HK).

What would be a realistic annual cost?