My idea open account a Singapore bank maybe not so wise, on other websites I'm reading "Singapore banks have to declare all assets held by Americans clients to the IRS which is very expensive for the bank"
Hi, Please PM me. Noticed your advice to many on this site is very knowledgeable. My spouse and I are interested to know your consulting fees for say one hour chat about solutions for our situation. My recent post (different thread has details). Thank you.
Hi maxmmm and Davis123,
Thank you for helpful suggestion about HK banks. For us (wife and I), that can be practical option as we are Mandarin speaking, have traveled a lot to HK. (In retrospect, one of those prior HK business trips I should have applied for account at HK bank.).
If Singapore...
To All,
What about my applying for personal account at either Singapore bank DBS or OCBC? I can show doc's establishing steady income flow 400K/yr
I live within 7 hours drive from both their LA representative offices. For OCBC it looks like new personal accounts are handled by in-person visit...
Have you done lots of business on the ground in China? You don't ask such recommendations from a China mainland bank staffer, alerting them you plan to offshore 7M in RMB money sitting in their bank, and your dual citizenship status ..etc, because they might for kickbacks ($$) immediately share...
Hi All,
I should have noted in original post, I will declare and pay US taxes on the year 2021 original sale of the China based real estate. I have liquid assets in USA that I will use to pay US taxes on that transaction.
-TahoeSkier
Hi Everyone,
I'm new here and first send my deep appreciation to all the great experts on here sharing such valuable advice. Thank you for all you do helping so many people like me.
I'm seek your advice where to open offshore bank account for this situation.
I'm US citizen live in USA
Within...
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