Hong Kong is one of Asia’s most important financial centers. As a gateway between China and the rest of the world, there are dozens of banks in Hong Kong. Naturally, some of them are better than others. By opening a bank account in Hong Kong, you’ll have...
During a normal year, Thailand's capital city of Bangkok is the most heavily visited city on the planet. It's natural that many people decide to stay here longer than a few weeks, and open a bank account to make their life easier. Thailand's financial system is...
The Qatari banking system is one of the world’s most advanced and highly developed. With the Gulf state’s continuously growing wealth, more people want to live and invest in Qatar than ever before. Yet foreign expats sometimes miss crucial details when starting their...
Income tax is a major source of revenue for governments around the world. However, there are some countries in Asia that have chosen to do away with income tax altogether. You might ask, how could a country possibly afford to not have any income tax? Well, in many...
Last updated October 25th, 2023. Banks in Asia are ranked among the world's safest. In fact, they're far better-capitalized than their counterparts in the US. Yet this wasn't always true. Not long ago, Switzerland and Liechtenstein were considered the "gold standard"...
Last updated August 12th, 2023. Despite its small population of six million, Singapore acts as Southeast Asia’s main financial center. The city-state developed rapidly in the early 2000s, and today, it ranks among the world’s top banking hubs. Singapore...
Last updated September 24th, 2023. Bank deposit interest rates across the world are rising, and it's once again becoming practical to make money with a basic savings account. Gone are the days of near-zero interest rates. In some countries, deposit rates are...
Last updated June 9th, 2023. A greater number of foreigners live in Thailand than anywhere else in Southeast Asia. Naturally then, there’s a strong demand for opening bank accounts here. Yet the rules have always been unclear. I've successfully opened nearly a dozen...