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Need an offshore bank account and paypal

Discussion in 'Black Hat SEO Tools' started by sadekjake, Jun 4, 2016.

  1. sadekjake

    sadekjake Regular Member

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    Hello,

    A friend of mine is looking for a personal bank account in an European/Asian country (in his own name), and also wants to be able to create a paypal account to link to that bank account.

    He wants a solid bank account with a debit card that he can use to withdraw funds from his home country from time to time. Otherwise, he wants to be able to send money back to his home country by wire transfer.

    He represents a very legit and reputed business and he is not trying to do anything shady. However, he understands that he might face issues with paypal from time to time and he would like to get the most sustainable solution possible that will enable him to use the same system for years to come.

    His transaction volume is likely to be between 2000 to 3000 USD every month.

    What are the best options for him?
     
  2. s y n t a x ™

    s y n t a x ™ Junior Member

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    I think he must personally go to the bank to apply for one. Else if, he wanted to have a VBA.
     
  3. webde

    webde Newbie

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    well if he wants contact me i can help him with paypal
     
  4. tokyojoe

    tokyojoe Junior Member

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    It may be worth saying where you are located as most banks do require a visit. I did find one or two in BVI and I think one in Belize that could be done remotely but they were business accounts, this meant you would have had to open a business in that country as well. Both BVI and Belize are tax free as long as you don't trade there. I've heard a couple of people getting bank accounts from Georgia easily, but again I think thats a visit to the bank.

    Watching this post just in case something interesting pops up :)
     
    • Thanks Thanks x 1
  5. tokyojoe

    tokyojoe Junior Member

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    Last edited: Jun 4, 2016
  6. sumitgupta1992

    sumitgupta1992 Junior Member

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    Looking for the exactly same setup but would prefer a private offshore company too..lets see what comes up.
     
  7. srb888

    srb888 Elite Member

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    Sun, Mon, Tue, WTF, Sat!!! :)
    Do a JV with a trusted local. Btw, "trusted" can mean anything. :)
     
  8. tokyojoe

    tokyojoe Junior Member

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  9. sadekjake

    sadekjake Regular Member

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    Yes that's what we have figured. We are probably going to incorporate his business in Hong Kong through this service: startupr.com. They say that they will help the client set up a bank account and it needs a visit. My friend is fine with it. Once he has a Hong Kong bank account, we will be able t setup a business paypal account too.

    BVI and Belize are great options too, but he is afraid that his seemingly innocent business setup might attract a lot of wrong attention back in his home country as people (in his home country) commonly see these countries as money laundering havens for the uber rich.

    Getting a bank account without having to incorporate a business in that country might still be of huge value. I will look into the resources you posted. Any particular reason you believe Georgia might have bank that allow remote applications?
     
  10. sadekjake

    sadekjake Regular Member

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    See startupr.com. They probably have what you need.

    Thanks, but no thanks :)

    Thanks a lot to everyone for leaving your well-thought replies. Thanks to tokyojoe in particular. Let's keep this conversation going in case someone has related questions or information to add.
     
  11. deltaone

    deltaone Regular Member

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    The easiest way to open offshore accounts is with Latvian banks. You can do all online and have not to travel there. If you have enough money, yes, you can use Swiss banks or in Liechtenstein. However, you will need to deposit at least CHF 100.000 and some banks more to be able to open an account as a non-resident or non-Swiss passport holder.
     
  12. deltaone

    deltaone Regular Member

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  13. suhail wani

    suhail wani Newbie

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    Your friend can register his Company in UK Virtually. Once company registration is done they will help him opening a Bank account in UK (Barclays, TSB Bank and many more). Then after that your friend can easily apply for a Merchant Gateway from Worldpay.com and also he can open a business PayPal account as well and that will be UK Based.
    All the Company original documents will be emailed and also will be sent via DHL.

    Just google = online company registration in uk
    you will get tons of results


    Best of Luck ")
     
  14. tokyojoe

    tokyojoe Junior Member

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    Any recommendations?

    A couple of formation companies now pdf the documents via email so you might be able to use any address you want?
     
  15. suhail wani

    suhail wani Newbie

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    You Can Google and google will help you :)

    Documents will be emailed or Mailed, it depends upon the package that you opt from them.


    Best of Luck. (Y)
     
  16. tokyojoe

    tokyojoe Junior Member

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    The 'any recommendations' was for the Latvian banks :)
     
  17. suhail wani

    suhail wani Newbie

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    oops Sorry mate :)
     
  18. iglow

    iglow Elite Member

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    i can contact him with a guy creatign such companies. of course for a fee, but he will be under good protection
     
  19. sadekjake

    sadekjake Regular Member

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    Really? Check your inbox.