How can you open an offshore bank account remotely? Keeping the account open is becoming a big challenge now with offshore banking. Even if you can get an account, how do you keep it? Remote banking worked a couple of years ago, still works in some situations, but from a practical perspective – it is largely coming to an end. A lot has changed in the recent years, which made banks change their policies. Things like Panama papers, governments using all kinds of excuses to dig their teeth into offshore banks are making remote baking practically extinct. There are still banks where you can open an account, but the challenge is to keep it open, moving the money our, or simply accessing the money. This is becoming more and more of a problem, especially for the US citizens, who are increasingly getting shut down by offshore banks. The easiest way to handle this issue is to simply get on the plane and go open a bank account in person. If it's important to you and you want your money at your disposal, it's a trip worth taking. Subscribe to our channel and stay tuned for more videos and information about second passports, offshore strategy, reducing your taxes and going where you're treated best. ----- ABOUT NOMAD CAPITALIST Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom. Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports. He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump. As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve. Nomad Capitalist's Youtube channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle. About Andrew: http://www.nomadcapitalist.com/about/ Our website: http://www.nomadcapitalist.com Our blog: http://www.nomadcapitalist.com/blog/ Work with Andrew: http://www.holanomad.com/