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We'll just say it: for the most part, banking in Europe is a pain for non-residents.
Offshore banks want tons of documentation, ask a lot of questions, want a connection to the country, and require higher minimums and fees for what you can get elsewhere for less.
While Europe does have some good banks, the idea of basic transactional banking in Switzerland or Liechtenstein or London has become more difficult than competitive jurisdictions.
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Andrew Henderson is the world's most sought-after consultant on legal offshore tax reduction, investment immigration, and global citizenship. He works exclusively with six- and seven-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has spent the last 11 years studying and personally implementing the Nomad Capitalist lifestyle, and has started offshore companies, opened offshore bank accounts, obtained multiple second passports, and purchased real estate in a total of 20 countries.
He has also spent years creating a behavior-based system that helps people get the results they want faster and with less resistance. Andrew believes that everyone can use offshore strategies to keep more of their own money, live a life of freedom, and grow their wealth faster.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
Why Banking in Europe is a Pain
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