When I move to Nicaragua, should I keep a US bank account or open a bank account in Nicaragua or both?
Paul Tiffer - TIFFER & ASOCIATES
If you move to Nicaragua, it would be a good idea to keep both a US and a Nicaraguan bank account. The US account can "feed" the Nicaraguan account by just wiring money. The Nicaraguan bank account can even receive and cash any check the owner received from a US account, so in my opinion is a good idea to have this account.
Best Regards
If you move to Nicaragua, it would be a good idea to keep both a US and a Nicaraguan bank account. The US account can "feed" the Nicaraguan account by just wiring money. The Nicaraguan bank account can even receive and cash any check the owner received from a US account, so in my opinion is a good idea to have this account.
Best Regards
Posted March 31, 2014