Best way to Bank Pay
Thread Starter
Joined: Jul 2007
Posts: 97
Likes: 0
From: Where would you like me to live??
Best way to Bank Pay
Hi guys i'm new to working outside of the UK and would really like to hear from some of you that are more experienced regarding the best way to bank you pay.
I get payed in US with local taxes paid and work 8 weeks on 4 weeks off the down time would be spent in the UK.
Thankyou in advance.
I get payed in US with local taxes paid and work 8 weeks on 4 weeks off the down time would be spent in the UK.
Thankyou in advance.
Nemo Me Impune Lacessit
Joined: Jun 2004
Posts: 4,103
Likes: 5
From: Chabanais, France
The Bank of Bermuda used to be quite good. You could also try The Isle of Man. Make sure you don't spend more than ninety days in the UK in any one financial year though, including day of arrival and day of departure and I think it is no more than 180 days in any three year period. If you are able to set up an offshore account don't use your UK address. Might be an idea to get some independent professional financial advice the next time you are back in the UK.
