Anybody know if it this possible living outside of the USA?
Regards

If it is, I would definately be interested hehe.

Yes it is possible and legal. I have several banks accounts in the U.S

You can open a US-based bank account with TD Waterhouse. Their website is www.tdwaterhouse.com or www.waterhousebank.com. If you do not live in US or Canada, you have to fill out a paper application form as opposed to applying online. They charge $6.95/month for the account. This fee is waived for their US and Canadian brokerage account customers.

Kiwi Can I email you?
Regards

get US Visa (even B1/B2), fly to US and ... open the bank account :)

Choose a bank which allow online banking.

Thomas

I live at 10.000 Km from the nearest city of USA :P
maybe my next vacations in July.. who know? :)
Regards

Jedito,

Es perfectamente legal ! porque no contactas a un banco americano aya en Argentina?
Saludos
Antonio

Originally posted by Globalink
Jedito,

Es perfectamente legal ! porque no contactas a un banco americano aya en Argentina?
Saludos
Antonio

I don't get it :eek:

Originally posted by VIPsNet


I don't get it :eek:
Lol :D
He say me that I can get one, opening a bank account in Argentina with an USA Bank

Okay, cleared up. Thanx :D

Thomas

Ok. NP :)
PS: I just wanna get my Nr. 100 Msg
Regads

Originally posted by Jedito
PS: I just wanna get my Nr. 100 Msg
Regads

hehehe now you are addicted to WebHostingTalk ;)

Hi

I also need an account with US bank. I need this to transfer my money from clickbank.

Is there any who accepts from overseas and does online banking?

I did not understood this from the thread.

Regards

Originally posted by sarmadys
Hi

I also need an account with US bank. I need this to transfer my money from clickbank.

Is there any who accepts from overseas and does online banking?

I did not understood this from the thread.

Regards

The are many US banks that offer online service. TD Waterhouse does provide such service. Whether it's TD Waterhouse or another bank, I suggest choosing a multinational financial institution, as they usually can offer more services and customer support.

You can check out Bank One http://www.bankone.com (quite big bank) with branches in many countries. I have account with them. They offer online banking and you can apply for an account via the net, but I don't know if whole process is online.

Thomas

I got a ton of eMails in the past few days about how to create a US bank account if you live outside the US. I haven't been able to respond to most of them, since my ISP's mail server was down and i had trouble accessing 90% of the websites the past few days. :bawling:

Anyways, i'm from Switzerland, living in British Columbia/Canada since 2 years (and moving to LasVegas in summer - no taxes :D!!). I went to Washington State a few months ago, and opened a 'non-US-resident' bank account on the Bank Of America ( http://www.bankofamerica.com/ ). I mainly did it so i could send and receive payments in US$ of business i do in the United States.

Thats really everything :D I dont know if some people are having problems opening US bank accounts ...but the entire process took 40 minutes for me.

Hope this helps ;)
Marc

Thank you very much for sharing information.
Do you know how much it costs to transfer money from your account to an European bank?

It varies from Bank to Bank. Our Bank charges us $17.00 for any outgoing wire transfer, be it for the Bank next door or for an European Bank

regards
Antonio

Opening a US account is very easy :) it took me about 10 minutes...

Few of my friends opened a bank account without Social Security Numbers, so I think everyone can open US bank account.

Thomas

Hello

Yes sure it is possible if you go to USA. But the problem arises when you want to open it online!

If you can share that ton of emails ( or at least their web address ) I will appereciate very much.

Best regards,
Mac

have you guys even considered, the amount of tax you would be paying? plus, the losses in the exchange?

its easy to open it.. yes.. but there are other factors you should consider...

Taxes? What taxes?

There was once a interesting thread on this board about
forming a LLC or Inc in the US as a foreigner. You can also do a search on your favorite search engine.

There are in fact companies that set you up with a tax free company and also open a corresponding bank account for you. All online.

cheers

GEO
__________________________________________

around the world, ...and today wondering if I should move to the mountains

how? Where? :D

Dear Geo

You mean they establish a tax free company for you and open an account with that company address etc.?

If so where and who? Go on please !


Regards,
Siamak:D

I don't remember URL but I read about company which allows you to set up your own BANK ! It costs about $10000 so it's not expensive. There are many islands/jurisdictions where you can do everything you want :)

Thomas

I just did search here, but couldn't find a thing.
Maybe the moderators took it off.
But lots of info is available if you do a "inc"
or "llc" search on Google or AltaVista.

Hi sarmadys, yes that's correct. If you cannot find
any good company on Google, email me. I still have
some info on my other computer, that is in repair
at the moment. But eventually will release its secrets
again, hehehe.

cheers

GEO
__________________________________________

around the world, ...and today wondering if I should move to the mountains

Here are some links:

Yahoo offshore
http://dir.yahoo.com/Business_and_Economy/Shopping_and_Services/Financial_Services/Investment_Services/Financial_Planners/Asset_Protection/Offshore_Services/

Company Express - US Bank account costs $500
http://www.com-exp.com/eng/price.htm#4

Abaris Offshore
http://www.incorporateoffshore.org

and very good resource about US companies:
http://www.mycorporation.com

Thomas

Thank you, Thomas!

Originally posted by Globalink
Taxes? What taxes?

Most countries that i know off, charge some amount of income tax right?? you would land up paying tax in both places..

in india for example, we have to pay the difference.. but we have to pay tax... simple as that...

i think you should look deeper into this... its possible...

back from the search egines. What I found was rather expensive, $500 and up for international applications, but there have been cheaper recommendations on this forum. Start a new thread and ask for help on: "Nevada and Delaware Incorporation and LLC formation"
I'm sure someone will help. I think Nevada was the better option, because Delaware and off-shore has a bit of a bad image in that regard.

cheers

GEO
__________________________________________

around the world, ...and today wondering if I should move to the mountains

Most countries that i know off, charge some amount of income tax right?? you would land up paying tax in both places..

Income tax applies to income generated. Receipt of funds into a bank account is not generation of income, but simply receipt of same.

This is to say that a foreign company can open a Bank account in the US and not be deemed as conducting business in the US. Therefore, would not be subject to income tax.

Moreover, in the US, foreigners (non-residents) do not pay any tax on interest earned on their bank accounts.

Regards,
Antonio

how would you explain the money in your account then?? some angel comes along every month giving you money? :)


Globalink might be right about personal accounts.. but i think this entire conversation was about having a business account??

how would you explain the money in your account then?? some angel comes along every month giving you money?

No, Kunal - the fact is you dont have to explain! You sold something (over the internet) and are receiving the proceeds from the credit card processor. This transaction is not a US-based transaction, therefore not subject to US taxation.

Or do you (as a foreigner) pay US taxes for your webhosting business just because your servers are located in the US?

I've done some reading up online about incorporating in the USA. Just for background general knowledge in case I need it one day :p

Anyway the most popular places for incorporating are the states of Delaware and Nevada. Delaware companies seem to be the cheepest in terms of ongoing (annual) complience costs and fees. However, as Kunal suggests there are differnt taxes that apply in the USA. The tax free part is that these companies are free from state sales tax. You are still liable for federal income tax. That's about the extent of my knowledge.

With anything like this I would be very weary of who you used as a business agent for these purposes. If you have the money and want to incorporate in the USA it would be worth getting advice from an accountant. The large international accounting firms all provide offshore and "tax-haven" services that include incorporation and banking. It is an expensive exercise to go through such a firm but probably less risky at the same time.

There are some states that have no state income tax; like Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming ;)

For your information - Rhode Island has 26% federal tax liability :eek:

Originally posted by sarmadys
Hello

Yes sure it is possible if you go to USA. But the problem arises when you want to open it online!

If you can share that ton of emails ( or at least their web address ) I will appereciate very much.

Best regards,
Mac

Sorry, i never 'share' any eMail addresses. Hope you understand it :)

Look here, can be will help than http://non-us.com

I live in the UK and opened up an account with Bank of America in Florida.

All it took was

$1000 minimum to fund the account
UK Passport photocopy
UK Drivers Licence photocopy

Couple of phone calls

Couple of faxes

Now I have a Bank of America chequebook and a BoA Visa

can check it all online

One thing about applying on-line - you will get to a stage where you are asked for a number. You won't be able to go beyond that point.

This is why you need to deal with a person on the phone. Calls are cheap.

call wells fargo. they can help you out and get you all setup

This place does the lot... incorporation, bank account, merchant account, etc. in one package:
http://www.accountsglobal.com/usmerchantacct/USinternational.htm


Donald Tait
OzWebHost.Net

It is possible to do the whole thing on a shoe string.

Admittedly, you will need to keep a minimum balance in your accout.

But they are charging:

Stage 1:
Incorporating-your-buiness. $679.00
Takes about one week to secure your incorporation, then about 10-12 days to
obtain your "EIN" #.

Stage 2:
After we secure your Delaware Incorporation, we then set-up your
U.S. checking account. $350.00 (includes your $100.00 checking account
deposit.) Takes about five days to complete.

Stage 3:
U.S. address. $100.00.
Takes one hour to complete.

Stage 4:
Your merchant account. $670.00.
Takes about one to two weeks to complete. We also set-up your real-time gateway-- which takes only a few hours... then, you are ready to process!

Hello,
This might be interesting:
http://www.interaccounts.com

Regards,

Adrian

Adrian

Te sugeriria que borres tu mensaje, no esta permitido que ofrezcas tus servicios en este forum.