Bank Account Opening Information on US Non Residents
Most anyone can open an account with an American bank and in this article we provide useful information about US non resident bank accounts.
There are banks which will allow you to open an account with a one time fee of USD 300.
The features that you will enjoy are the exact same ones that a US citizen enjoys. These features that you will enjoy when you open your bank account include:
Your bank account will be a hundred percent legal and valid in a US bank.
You will have complete internet access and online support round the clock.
You will get access to withdraw your money from anywhere in the world through ATM machines.
You will be given a free Visa card.
Some banks waive the annual fees
Your money in the account will be FIDIC guaranteed up to $100,000.
You will receive a check book, which means you have the authority to issue checks.
Some banks do not require you to produce a Social Security Number but be aware that most banks do require one.
Just mail your US checks to your account quite easily.
Your passport is a valid …
Investing in gold – A guide to buying gold
Anyone who decides to invest in gold is doing a wise thing because gold as an investment is becoming increasingly popular. In this article we cover the two types of gold investments you can make, namely allocated and unallocated gold.
Investing in gold can be either in allocated gold or in unallocated gold the choice is yours. Before we go any further let us understand what these two terms mean and what benefits each type of investment provides the investor.
Allocated gold is gold owned by the investor outright; you can also have an allocated gold account. Small investors usually invest in gold bars or coins and the big time investors generally opt for the 400 ounce gold bars. Account holders are required to pay storage fees and often insurance fees as well.
How it works is the serial numbers on the gold bars or coins are registered to the account holder’s name and the holdings are secured. As an account holder you have the right to take the gold in your name out of the account at any time and ship …