# Offshore account **URL:** \ **Category:** Finances\ **Created:** [January 25, 2020, 7:26pm UTC](https://community.nomadgate.com/t/offshore-account/18224 "2020-01-25T19:26:49Z")\ **Posts on this page:** 1\ **Showing post:** 5
**Author:** ![RMFF](https://community.nomadgate.com/user_avatar/community.nomadgate.com/rmff/32/637_2.png) [@RMFF](https://community.nomadgate.com/u/RMFF)\ **Post date:** [January 28, 2020, 5:18pm UTC](https://community.nomadgate.com/t/offshore-account/18224/5 "2020-01-28T17:18:01Z")
@alecazzi there are some US banks that allow non-US residents to open and invest in stock market, bonds, funds, etc. I’ll leave below some links for your personal research. To open a account in US it’s most likely that you need to travel US in person, but there are some places you can open online, for example: Charles Schwab, TD Ameritrade, DriveWhealth. > **[The World’s Best Bank Accounts for International Travelers and Nomads](https://nomadgate.com/best-banks-international-travel/)** > > You might not know it, but your bank is costing you thousands per year in hidden fees. These are the few that don’t charge you an arm and a leg to travel. > [@The World’s Best Bank Accounts for International Travelers and Nomads](https://community.nomadgate.com/t/the-world-s-best-bank-accounts-for-international-travelers-and-nomads/2947/18): > > I finally opened an account with [N26](https://nomadgate.com/go/n26/community/auto/), as my parents live in Italy. I’m still struggling though to find the best way to deposit from Mexico. About the exchange rates, I’m not sure they use the MasterCard official rates, because I read in the contract that they use the Deutsche Bundesbank table > [@Banks you can open an account in the US as a tourist](https://community.nomadgate.com/t/banks-you-can-open-an-account-in-the-us-as-a-tourist/668/2): > > Sergio, I’m Brazilian as well, and first would like to ask: Do you mostly need to PAY in USD or GET PAID in USD? If you just want to hold or spend USD, options like [Revolut](https://nomadgate.com/go/revolut) card are the best ones. If you want to pay into US accounts, open a [Transferwise](https://nomadgate.com/go/wise) virtual account. BTW, people can even transfer money from US accounts to you. [Revolut](https://nomadgate.com/go/revolut) and [Transferwise](https://nomadgate.com/go/wise) allow you to switch to USD anytime, to benefit from currency fluctuation. If you really need a standard US bank, check this post: The gu… > **[How to open a US Bank Account as a Tourist / Non Resident](https://bkpk.me/how-to-open-a-us-bank-account-as-a-tourist/)** > > A lot of business happens in the USA. As the largest economy in the world, this comes as no surprise. If you work with US businesses, chances are, they would want to pay you through local methods. Some businesses might be setup to use Paypal or... [https://international.schwab.com/public/international/us\_investing](https://international.schwab.com/public/international/us_investing) > [@Banks you can open an account in the US as a tourist](https://community.nomadgate.com/t/banks-you-can-open-an-account-in-the-us-as-a-tourist/668/4): > > Thank you very much for the reply, guys! Sorry for taking so long to talk back, a lot of stuff happening here. Thank you very much for the link from the US Government, is good to show this to them, I think it might help. Well, so that you can understand my situation, what happens is that from time to time I get a wire transfer from an investment bank to an account. It could be a Brazilian one, but the fees are crazy high and the currency exchange is always unfavorable. So what I did is that I… > **[How to Open a US Bank Account as a Non-Resident](https://nomadcapitalist.com/finance/open-us-bank-account-non-resident/)** > > Are you looking to revamp your offshore strategy? Surprisingly, the US is one of the easiest countries to open a bank account as a non-resident. > **[How To Open A Bank Account in U.S., As A Non-resident Non - citizen, Wells...](https://www.reinisfischer.com/how-open-bank-account-us-non-resident-non-citizen-wells-fargo-bank)** > **[Open a US Bank Account as a Non-Resident: How to Guide - Check in Price](https://checkinprice.com/us-bank-account-non-resident/)** > > How to open a US bank account as a non-resident non-citizen in 2018? Check our guide below on banking in the US even if you live abroad [https://www.nerdwallet.com/blog/banking/bluebird-prepaid-debit-card-review/](https://www.nerdwallet.com/blog/banking/bluebird-prepaid-debit-card-review/) [https://www.nerdwallet.com/blog/banking/undocumented-immigrants-bank-accounts/](https://www.nerdwallet.com/blog/banking/undocumented-immigrants-bank-accounts/) > **[How to open checking account | Capital One](https://www.capitalone.com/bank/money-management/banking-basics/how-to-open-a-checking-account/)** > > Looking for an account that fits your needs? Learn the 5 steps you'll need to follow and the requirements you'll need to meet to open a checking account. [https://www.investidorinternacional.com/como-abrir-uma-conta-bancaria-no-exterior-parte-5/](https://www.investidorinternacional.com/como-abrir-uma-conta-bancaria-no-exterior-parte-5/) (in portuguese, use Google Translator to read it.) [https://drivewealth.com/](https://drivewealth.com/) I’ve opened a account on Schawb and DriveWealth. Drive Wealth is a quicker process, but they offer limited products compared to Schawb, on the other side on Schawb you will fill a longer form and need to pass by phone interview to answer some compliance questions like the origin of the money that you are moving to US and other regulatory questions. I hope this helps you. --- _[View the full topic](https://community.nomadgate.com/t/offshore-account/18224)._