I have set up a Belize IBC and a bank account with Choice Bank in Belize. The problem is, every single transaction in and out of the US and International is $65 and $80 respectively for wires. They don't do any electronic ACH transfers. Access to funds is also limited to wires and a prepaid card you can load and use for POS and ATM transactions (and also carries fees).
I have an affiliate marketing company and all business is conducted outside the US. I have multiple incoming wires weekly, and multiple outgoing payments to US traffic sources and joint venture partners.
Any suggestions on a better structure or what I should do here:
My thoughts are to possibly open an LLC or S corp in the US with the Belize IBC. Then get a US EIN and use this to open a biz checking account at a US bank for my operating account to receive payments and for outgoing wires.
Thanks for any feedback.
I have an affiliate marketing company and all business is conducted outside the US. I have multiple incoming wires weekly, and multiple outgoing payments to US traffic sources and joint venture partners.
Any suggestions on a better structure or what I should do here:
My thoughts are to possibly open an LLC or S corp in the US with the Belize IBC. Then get a US EIN and use this to open a biz checking account at a US bank for my operating account to receive payments and for outgoing wires.
Thanks for any feedback.
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