Hamilton Reserve Bank: Zero Credibility, Null Tech, and Your Money on the Line

[HRBuncovered]

Let's start with only some tech and easy points that you can spot without being their client. Only with this, you should keep miles away from this bastards.

Their website, https://hrbank.com/, built by a junior programmer hangover after a week partying. Have a look, and let me know. Just as a reference, check this image:

You can find it here. I attached screenshot before they remove it from the website. I also received it via email.

Would you trust a bank that does this? Yeah, check it out:

We could do this for every single image. Some are AI fake offices, some other robbed from websites... and on and on.

Their Google reviews: all fake. Yes, easy to spot. You don't need to be local guide with 100+ reviews to know it. Let me show you one of the few real ones, that I guarantee will happen to you if you open an account:

Wanna see their web app where you will be managing you money? haha coming soon!

Quick note: you will think it's a joke, but it is not. Get ready.

 

[drysponge]

been known

https://www.offshorecorptalk.com/th...shorecorptalk-vs-hamilton-reserve-bank.44606/

https://www.offshorecorptalk.com/threads/hamilton-reserve-bank-nevis-reviews.36640/

 

[Tradepass]

In today’s world of CRS and FATCA, I genuinely believe there’s little need for a bank account in a Caribbean jurisdiction. Offshore banking might still make sense if you operate a regulated investment fund in the Cayman Islands or BVI, but for most individuals and businesses, establishing a company and bank account there offers minimal advantage. More often than not, you’re just exposing yourself to unnecessary risk, compliance headaches, and potential scams.

Furthermore, in the wake of the global crackdown on offshore financial centres, the majority of offshore banks have either gone bankrupt or are struggling to stay afloat. A common tactic among those still operating is to limit or delay access to client deposits, effectively using customer funds to buy time and preserve liquidity. This trend underscores the growing instability and risk associated with offshore banking in today's regulatory environment.

If you truly need a foreign bank account, choose the jurisdiction carefully. There are still a few well-established and reputable banking hubs,such as Luxembourg, the Cayman Islands, Bermuda, Switzerland, and Monaco,where it is possible to bank with a reasonable degree of safety. However, options are increasingly limited, and these institutions typically require substantial initial deposits or high net worth thresholds to open and maintain an account.

 

[HRBuncovered]

Do you recommend a safe alternative in the Caribbean jurisdiction? What about https://www.imbltd.com/ or https://www.jetonbank.com/?

 

[SilverNeo]

Do you recommend a safe alternative in the Caribbean jurisdiction? What about https://www.imbltd.com/ or https://www.jetonbank.com/?

Not sure about Jeton, but for imbltd, the fees are crazy, so I decided not to go ahead. They asked for 300 a month for account maintenance.

Now if I get to where i'm making enough, where that is chump change sure then ok however, not at the moment

 

[SilverNeo]

In today’s world of CRS and FATCA, I genuinely believe there’s little need for a bank account in a Caribbean jurisdiction. Offshore banking might still make sense if you operate a regulated investment fund in the Cayman Islands or BVI, but for most individuals and businesses, establishing a company and bank account there offers minimal advantage. More often than not, you’re just exposing yourself to unnecessary risk, compliance headaches, and potential scams.

Furthermore, in the wake of the global crackdown on offshore financial centres, the majority of offshore banks have either gone bankrupt or are struggling to stay afloat. A common tactic among those still operating is to limit or delay access to client deposits, effectively using customer funds to buy time and preserve liquidity. This trend underscores the growing instability and risk associated with offshore banking in today's regulatory environment.

If you truly need a foreign bank account, choose the jurisdiction carefully. There are still a few well-established and reputable banking hubs,such as Luxembourg, the Cayman Islands, Bermuda, Switzerland, and Monaco,where it is possible to bank with a reasonable degree of safety. However, options are increasingly limited, and these institutions typically require substantial initial deposits or high net worth thresholds to open and maintain an account.

This works in practice if you are making millions a year if you don't have at least 1 million or above to deposit, places like Switzerland will not look at you.

What about the rest of us who are not at the point that have 1 mill to put in a bank?

 

[SCHLOSSFINANZ]

You can get Monaco account and Switzerland account also with ~ 500k deposits

 

[Tradepass]

Today's tax planning focuses more on onshore jurisdictions, rather than tax-havens.

If your goal is a 0% income tax rate, the only realistic option is relocating to a Caribbean island or a similar zero-tax jurisdiction. Otherwise, attempting to live in a high-tax country while avoiding taxes is increasingly risky and often unsustainable.

For example, if you live outside the United States and provide services internationally, forming a Delaware corporation can be a smart move. With a U.S. structure, you gain access to reliable banking, strong legal protections, a stable political environment, and relatively low tax exposure , potentially around 14% effective corporate tax. You also benefit from a high level of privacy: there's no public disclosure of financial statements, unlike in many European countries.

Frankly, I’ve never understood why some people chase unregulated, unstable jurisdictions just to shave off a few more percentage points. A well-structured U.S. entity provides a solid balance of compliance, credibility, and efficiency , and in many cases, that's worth far more than a theoretical 0% tax rate in a questionable jurisdiction.

 

[SilverNeo]

You can get Monaco account and Switzerland account also with ~ 500k deposits

Still the point stands 500k is not little for most people

Today's tax planning focuses more on onshore jurisdictions, rather than tax-havens.

If your goal is a 0% income tax rate, the only realistic option is relocating to a Caribbean island or a similar zero-tax jurisdiction. Otherwise, attempting to live in a high-tax country while avoiding taxes is increasingly risky and often unsustainable.

For example, if you live outside the United States and provide services internationally, forming a Delaware corporation can be a smart move. With a U.S. structure, you gain access to reliable banking, strong legal protections, a stable political environment, and relatively low tax exposure , potentially around 14% effective corporate tax. You also benefit from a high level of privacy: there's no public disclosure of financial statements, unlike in many European countries.

Frankly, I’ve never understood why some people chase unregulated, unstable jurisdictions just to shave off a few more percentage points. A well-structured U.S. entity provides a solid balance of compliance, credibility, and efficiency , and in many cases, that's worth far more than a theoretical 0% tax rate in a questionable jurisdiction.

Depends on your goal if you clients are USA makes sense now if you are like me who does stocks + Cyber Security Nevis makes sense better for asset protection than the USA IMO

So it's not that those places are unstable (there are some who are but if you do your research easy to spot) the issue is that there is more hustle to get everything that you need but if you do it's great.

And this with the USA which is better if i compare it to the EU or should i say EUSSR a place the is overregulated, Crime ridden and getting worse every single day where how its going it will soon be illegal to breathe.

I would take Nevis over any EUSSR country 1000 times out of 1000

There is a reason if you research trusts in 99% of cases you come across 3 jurisdictions Cook islands, Nevis And Belize.