Dan1
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- Jun 14, 2015
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So I've been searching around on this in the forum on this topic, didn't find a ton.
Basically I am weary of the "coming crash" of the US banking system and want to diversify my cash.
I currently have about 500k in the bank tax-free, all in US banks- not coming in here to brag or anything, I'm just detailing my situation. (I posted about that a while ago in my other thread https://www.thefastlaneforum.com/co...-stash-500k-in-banks.60871/page-2#post-492306
Basically I just want to know- how "easy" is it to put money in a foreign bank and what is the best way to do it?
Or what is there to know in general about this?
In the US I have single-member LLC taxed as S-corp.
I see different services around like the Dollar Vigilante and such that I could use if necessary but I need more information. I'm going to talk to some other people I know but figured I'd drop in here since I'm sure there are people that know about this.
Basically I am weary of the "coming crash" of the US banking system and want to diversify my cash.
I currently have about 500k in the bank tax-free, all in US banks- not coming in here to brag or anything, I'm just detailing my situation. (I posted about that a while ago in my other thread https://www.thefastlaneforum.com/co...-stash-500k-in-banks.60871/page-2#post-492306
Basically I just want to know- how "easy" is it to put money in a foreign bank and what is the best way to do it?
Or what is there to know in general about this?
In the US I have single-member LLC taxed as S-corp.
I see different services around like the Dollar Vigilante and such that I could use if necessary but I need more information. I'm going to talk to some other people I know but figured I'd drop in here since I'm sure there are people that know about this.
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