In this video, I discuss how banks in the US are increasingly requiring more information about your residency in order to open and maintain accounts.
This is likely in response to the growing remote work and digital nomad trends.
If you want to live a nomadic lifestyle, you'll need to make a choice - either use a physical residential address like a friend or family member's, or give up the nomadic life.
Using a virtual mailbox won't work anymore for most banks.
Let me know in the comments - are you a digital nomad, or do you plan to become one? How are you handling the stricter banking regulations around residency information?
And if you're looking for a great virtual mailbox service, check us out at www.businessanywhere.io.
SUBSCRIBE to the channel for more videos to help you run your business remotely.
📬 Get Your Own Virtual Mailbox: businessanywhere.io/virtual-m...
✅ Company Formation In All 50 States: businessanywhere.io/business-...
📄 Online Notary, Only $37 Per Document: businessanywhere.io/online-no...
✍️Read More At Our Blog: businessanywhere.io/blog/
Legal Disclaimer: The content on this KZfaq channel is for informational purposes only and does not constitute legal or tax advice. We strive for accuracy, but laws and regulations are subject to change, and we cannot guarantee the relevance or accuracy of the content. Consult a qualified attorney or tax advisor for advice tailored to your specific circumstances.
#assetprotection #entrepreneur #entrepreneurship #llc #privacy #assetprotection #digitalnomad #nomadlife #businessowner #freelancer #llc #llcformation #llc2024 #newllc #llcregistration #entrepreneur #entrepreneurship #nomad #nomadlife #remotework