Why would you want to get out of your western bank and open one in another country? Why wouldn’t you!? In this video I’ll tell you why banking in America and the west is such a bad idea, and why. Also, this video will tell you the steps to opening a new bank account in another country, and what to avoid when doing so to say safe. It can be a lot easier than you might think!
I’m Caleb Jones. This is Sovereign CEO & I help people create location independent income, move to a better country, or just set up an international backup plan and do all these things without spending a lot of money.
0:00 Intro
1:00 Western Banks Are Weak And Overleveraged
2:44 Your Money Can Be Confiscated
3:52 Your Money Is Very Visible
4:46 Engage In Currency Diversification
5:19 Make Sure You Can Open An Account Without Being A Resident
6:58 Get Residency If Required
8:46 Easy Online Banking Options
10:20 Go To The Bank And Open It In Person
11:50 Don’t Put A Lot Of Money In At First
12:50 Make Sure You Get Your Debit Card
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