If you are planning to open a bank account in the United States of America being a nonresident, then that is surely possible nowadays with the help of the most reliable remote agency named Activate Global Limited. The agency provides the best remote service related to offshore USA bank account for nonresident and also company formation. The best part is you do not need to be physically present for doing such which means there is no hassle of traveling all the way to the USA, no visiting the branch of the bank, and no extra effort. But before getting deep into the topic we need to discuss what an offshore bank account means.
Offshore bank account:
An offshore bank account is an account that you want to open in any bank in a country you do not primarily live in or do not have citizenship of. These accounts are also known as nonresident bank accounts. So, if you do not stay in the United States of America and yet want to open a bank account, you will have to opt for an offshore USA bank account for nonresident. Before going into a deeper discussion let us first know if it is allowed to have an account in one of the banks of those countries being a nonresident. Yes, it is obviously possible to have a bank account in those countries being a nonresident. These countries allow citizens of other countries to avail of their banking facilities but there are a few steps that you need to perform in order to have an offshore USA bank account for nonresident. The enthusiastic team of Activate Global Limited makes the task easy for you and performs all the steps on your behalf to help you open your offshore bank account in the USA.
Explanation of the word nonresident:
An individual who stays in a jurisdiction or country but is interested in another region is known as a nonresident. The government of the region will classify him or her as a nonresident where that individual does not primarily reside. He or she can also be called a Nonresidential Individual or NRI. In the same way, if you stay in a country and want to opt for a bank account in the USA, they will consider you as a nonresident and in order to open a bank account in any of the banks of the country, you will have to avail of the services of offshore USA bank account for nonresident provided by Activate Global Limited.
Functions of an offshore USA bank account for nonresident:
An offshore USA bank account for nonresident has many benefits to offer and all its functionalities help you to keep your money safer and trade globally as per your requirements. The functions of a USA offshore bank account are as follows:
- Privacy: If you opt for a USA bank account set up as a nonresident, you can keep your personal information private; only some personal information that is necessary to provide to the bank is mandatory but those remain secretive with your offshore USA bank.
- Protection of assets: If you are a resident of a country that is economically or politically unstable, then you can be benefited from an offshore USA bank account for nonresident. Your assets remain safe and protected there.
Last but not the least, if you are a business owner and want to expand your business and take it to the international platform then having an offshore USA bank account for nonresident is inevitable. With such an account you get the freedom to trade globally.
Some features of an offshore USA bank account for nonresident:
- Saving or checking accounts
- Receive and send money orders
- Bank drafts or wire transfer
- Online banking facilities
- Low tax rate
How many types of offshore bank accounts are there?
There are mainly two types of offshore bank accounts: one is a business bank account and the other one is a personal bank account. Both types of bank accounts can be opened with the help of the renowned agency Activate Global Limited. Business entrepreneurs or associations or entities opt for an offshore business account either for non-profit or profit purposes. Individuals who want to secure their money and assets opt for an offshore personal bank account. Most people choose to have an offshore USA bank account for nonresident as the country has an extremely stable economical growth and the laws are mostly in the favor of business owners. This is why entrepreneurs prefer to have an offshore bank account in the USA so that they can expand their business there when required.
USA banks that accept the applications for an offshore bank account:
See, there are numerous banks in the world and you are the one to decide in which country you want to own your offshore bank account. According to the experts, the United States of America is the best country to opt for when it comes to an offshore bank account for foreigners. You can obviously choose the country as per your requirement but most people opt for an offshore USA bank account for nonresident as the country has the most stable economic growth and its privacy policies related to the assets and money are extremely good. Once you keep your money and assets in the banks of the United States of America, all your headaches related to forgery get eliminated. Activate Global Limited is one of the most trusted online agencies that not only provides the best service related to an offshore USA bank account for nonresident but also does the same remotely. It means that a lot of your money and time that you need in order to visit the country and open a bank account get deducted. The expert executives are always there to provide you with a free consultation over the phone or via email and after you buy the services of Activate Global Limited you do not need to do anything. The efficient team will do everything on your behalf and your offshore account will be opened hassle-freely.
Eligibility criteria:
Before you get into the process, you need to get acquainted with some important information about the procedure of opening an offshore USA bank account for nonresident . The first and foremost concern will be the different criteria for opening an offshore bank account in the USA. The best part is anybody and everybody can open an offshore bank account in the United States of America. There is no such restriction or law that can stop you from owning an offshore bank account in the USA. However, there are some simple expectations and the first one is the age of the person who wants to open the account. If you want to open an offshore USA bank account for nonresident , you will have to be an adult. This is the regulation of the United States of America that a minor non-resident does not have the right to open a bank account.
Being an applicant your financial records will definitely be checked by the regulatory agencies of the United States of America. A person who has previously been arrested or convicted due to any tax forgery or money laundering, then he or she can’t open an offshore USA bank account for nonresident. If you as a non-resident want to open a bank account in the USA, you need to have a clean record.
Why choose Activate Global Limited?
Meeting the eligibility criteria for opening a offshore USA bank account for nonresident and getting one are completely different. The banks of the USA may accept the applications of non-residents but all the applications undergo quite tough and strict screening. Banks can also deny you service because there are no legal obligations that all applications need to be accepted. Now, this is quite a matter of concern. Here comes the role of a trustable agency that can make the process easy for you. This is the only plausible way to have an offshore USA bank account for nonresident. Activate Global Limited offers this offshore bank account opening service remotely. As a result, you can easily handle the entire process without visiting the physical location even once. Activate Global Limited also offers the best services to those who want to form an offshore company in the USA and the team takes care of all the legal procedures that an entrepreneur needs to undergo in order to form a company in the USA. So, get in touch with the best remote agency today and open a bank account in the USA.
