Expats and travelers must make difficult choices regarding their banking when in Bahamas. While for some it is possible to operate from their home bank, many people must open a bank account in Bahamas or open an offshore account. This also offers many advantages like being paid in local currency, paying household bills, and operating more efficiently within your new country of residence. In some case, it can also offer a great alternative to tax optimization.
Banks rates and services can vary greatly so compare the assets most valuable to you when choosing a bank.
Consider:
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