
The Expat Money Show - With Mikkel Thorup 105: Offshore Banking: Essential Insights You Need to Know – Luigi Wewege
WHAT WE DISCUSSED IN THIS INTERVIEW:
- What is an Offshore Bank?
- Why don’t people use their local bank?
- Reasons why offshore banks would help
- What if you have a 9-5 job as an expat in a new country?
- Asset Protection - how it would help
- Zero tax jurisdiction
- Jurisdictions that are famous
- De-risking and what it is
- What is FATCA & CRS
- KYC and Money Laundering
- Accounts with multiple currencies
- Who can apply
- Luigi’s book: The Digital Banking Revolution
- And so much more….
Here are 5 really important things you will learn from this conversation:
- Take your application seriously. This is not like your local banks. Work with a 3rd party that has a reputation with the bank.
- Offshore banking has different price points than domestic banks
- Offshore costs more
- International business & Asset protection and diversification
- Take your jurisdiction seriously, they are not all the same
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If you’d been receiving the EMS Pulse newsletter and the weekly Expat Sunday Times, you would have already read the basics of today's story! Sign up now, and you’ll also receive my FREE special report, “Plan B Residencies and Instant Citizenships.”CONCLUSION
Great conversation with my good friend Luigi Wewege. As I mentioned at the beginning of the interview, we met almost 3 years ago in Dubai and became fast friends. He’s one of the reasons I moved my family to Panama, all the great things he talked about living here. This is a really great video interview with him about all things Offshore.Mentioned in this episode:
Gold in the Caribbean—No Bank Can Touch It
Fiat is failing. Banks are cracking. And smart investors are moving their gold offshore—outside the system. I’ve partnered with a fully insured private vault in the Caribbean where you can buy, store, and protect physical gold… legally and securely. The entire account opening is done online—fast, private, and no nonsense. If you’re serious about protecting your wealth, get the details now at ExpatMoney.com/gold
No Plan-B Without the Language
If you’re planning to move overseas—or even just set up your offshore Plan-B—learning the local language isn’t optional. It’s protection. It’s access. It’s power. StoryLearning makes it easy to start today, from home, by immersing you in real stories—not grammar drills. Spanish, Portuguese, French, and more—learn the language the smart way before you land. Go to StoryLearningCourses.com.
Gold in the Caribbean—No Bank Can Touch It
Fiat is failing. Banks are cracking. And smart investors are moving their gold offshore—outside the system. I’ve partnered with a fully insured private vault in the Caribbean where you can buy, store, and protect physical gold… legally and securely. The entire account opening is done online—fast, private, and no nonsense. If you’re serious about protecting your wealth, get the details now at ExpatMoney.com/gold
No Plan-B Without the Language
If you’re planning to move overseas—or even just set up your offshore Plan-B—learning the local language isn’t optional. It’s protection. It’s access. It’s power. StoryLearning makes it easy to start today, from home, by immersing you in real stories—not grammar drills. Spanish, Portuguese, French, and more—learn the language the smart way before you land. Go to StoryLearningCourses.com.
This Is Your Invitation to The Hub
This isn’t for tourists. This is for serious freedom-seekers. The Hub—our private membership for expats and investors—is now open. Inside, you’ll get $2,000 off every trip, direct access to my offshore Rolodex, and exclusive calls with the sharpest minds in the game. No fluff. No gatekeeping. Just real strategies for real sovereignty. We only open this a few times a year—and spots fill fast. Go to ExpatMoney.com/go.
