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Foreigners Buying in the USA
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Updated about 8 years ago,

User Stats

53
Posts
9
Votes
Yaron Horsky
  • Tel Aviv, Israel
9
Votes |
53
Posts

Opening a bank account

Yaron Horsky
  • Tel Aviv, Israel
Posted
Hello all, I sent a similar post a while ago but now I see that there is a more specific forum so I'll send it here as well. To all of you out of state investors, how are you dealing with a us bank account? Did you open one? If so , how? If not, how are you handling the cash flow from your properties? I have one rental so far in Riverdale, GA and so far the money stays in the property management trust account. If I want to make a wire transfer the fee is very high, around 75$. And after that I need to change the currency with cost an additional fee. (Meanwhile I'm saving the income to buy more properties in the us of course) Would appreciate your suggestions. P.s I saw someone wrote about HSBC, someone here familiar with them or their work? And I'm from Israel just in case someone wondered. Best regards, Yaron.

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