What's the difference between priority banking and private banking, do you know?
Many aspiring Nomad Capitalists often aren't familiar with what separates one service from the other, and Andrew is here to set the record straight.
Going offshore will require you to look for mass-market retail banking, but we're here to talk about the next level that is particularly valuable for entrepreneurs and that's priority banking.
Andrew talks about advantages of priority banking and why it's a solid choice for businessmen looking to expand offshore.
To find out more about the turning tides of banking, keep watching this video:
• Bank Accounts and Prio...
In general, priority banking ensures you get better service, lower fees, as well as higher interest rates.
What then, are the perks of private banking?
Private banks are handling your money for you, which might be easier, but it gives you less flexibility in your transactions.
To find out the minimums for both types of banking, as well as what might work better for your financial needs, keep watching the video.
What is your choice - priority or private banking? Share your thoughts with us in the comments.
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ABOUT NOMAD CAPITALIST
Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.
Andrew started Nomad Capitalist to help people like you follow his five magic words: "go where you're treated best". He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.
He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.
As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.
Nomad Capitalist's RU-vid channel is based on Andrew's vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.
About Andrew: www.nomadcapita...
Our website: www.nomadcapita...
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Work with Andrew: www.holanomad.com/
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9 сен 2024
