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Choosing a place where you’ll set up your company’s offshore bank account and the place where you’ll incorporate that company depends on a lot of factors and circumstances – what kind of business you’re in, what is your minimum deposit, what citizenship do you own?

Also, these two places don’t necessarily have to be the same, diversification is always better.

When it comes to opening a bank account, you should go for the traditional wealth hubs, such as Singapore, Switzerland, and Lichtenstein because of the stability, and if you can’t get in there, try somewhere in the middle – British Virgin Islands.

As for the incorporation, you can even go lower class there – Belize, Marshall Islands, Samoa, etc.

But remember: Total freedom and anonymity is not always the best option in the offshore world.

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ABOUT NOMAD CAPITALIST

Andrew Henderson is the world’s most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to “go where they’re treated best”.

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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.

He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

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