In the past several years, offshore bank account interest rates across the world have risen significantly. They're now a viable way to make passive income. Gone are the days of near-zero interest rates! We all have inflation to thank for that. In some countries, rates...
Dubai, with its thriving economy and world-class infrastructure, is a financial hub that attracts businesses and individuals from all over the globe. Indeed, whether you’re starting a business, working as an expat in Dubai, or simply looking to manage your finances...
The world’s wealthiest individuals don’t simply stash their fortunes in a savings account and hope for the best. Instead, they employ sophisticated financial strategies to preserve and grow their wealth while minimizing risk. From diversified investment portfolios to...
Hong Kong is one of Asia’s top financial centers. Naturally, the city's status as a gateway between China and the rest of the world means there are dozens of banks in Hong Kong. Naturally, several of them are safer, more stable, and quite simply better than the...
Last updated February 17th, 2025. Asia is home to many of the world's safest banks. As a group, banks in Asia are significantly better-capitalized than their counterparts in the US. Yet this wasn't always true. Not long ago, Switzerland and Liechtenstein were...
When comparing Trusts and Limited Liability Companies (LLCs), it’s crucial to understand that while both are designed to protect assets, they serve very different purposes and are structured in distinct ways. Trusts are primarily used for estate planning and asset...
The Philippines is a popular destination for expats looking to retire, work, or simply enjoy the tropical lifestyle. But before you can fully immerse yourself in all that this beautiful archipelago has to offer, you'll need to sort out your finances - and that means...
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 successfully opened dozens of Thai bank accounts over the past...
Last updated February 3rd, 2025. Malaysia is one of Southeast Asia’s most important banking hubs, outranked only by its much smaller neighbor to the south. By banking in Malaysia, you’ll have access to several well-capitalized financial institutions. The ringgit also...
Last updated February 15th, 2025. Thailand is one of the most heavily touristed countries on the planet. It's natural that many people decide to stay longer than a few weeks and open a bank account here. Banking in Thailand isn't just for tourists though - investors...