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Why I Didn’t Close My Canadian Bank Accounts

Join Our Email List and be the First to Hear about Breaking News and Exciting Offers https://nomadcapitalist.com/email Secure Your Spot at the Best Offshore Conference - Nomad Capitalist Live 2022 - September 21-24 in the most vibrant city in the world, Mexico City: https://nomadcapitalist.com/live/ Check out our article Can US Citizens Open Offshore Bank Accounts? https://nomadcapitalist.com/finance/o... At Nomad Capitalist, we always say you need a backup plan to protect yourself and your wealth. It would be best to have second passports, second residences, and multiple bank accounts. Banking in Canada is one of Canada's most important industries, with several banks being among its most significant and most profitable companies. But what if you're not going to live in Canada? Then why do you need to keep it? In this video, Andrew shares why he didn't close his Canadian bank accounts. 00:00 Start 0:32 Opening Bank Account in Canada 3:00 Banks In Canada 4:29 Investing in Cambodia 5:00 Taxes in Canada 5:48 Banking in Singapore 6:57 The Best Plan B for Canadians 7:25 Taxes in California Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best". Work with Andrew: https://nomadcapitalist.com/apply/ Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle. Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort. About Andrew: https://nomadcapitalist.com/about/ Our Website: http://www.nomadcapitalist.com Subscribe: https://www.youtube.com/subscription_... Buy Andrew's Book: https://nomadcapitalist.com/book/ DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.