If you have accepted a job offer to work overseas or are intending on travelling and working overseas one of you major concerns will undoubtedly be how you are going to manage your money effectively. Although every country has a slightly different tax system, depending on your living arrangements you may qualify for much lower taxes and higher interest rates with offshore accounts.  It is also worth checking if your local tax code enables you to only pay tax on any income brought back home, as you may be able to keep your overseas earnings in your offshore account, earning interest on money in that account as long as you are out there.

One of the major problems about working away from your home country is that ATM machines can be very temperamental.  It therefore makes sense to open a bank account with a bank that has interests around the world and many branches or partner branches, and then you will know for sure that you will access your money wherever you are.

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