Setting Up Bank Accounts (Rio de Janeiro)
Moving to Rio later in the year and looking for advice and tips on getting a bank account set up in Rio?
I am hearing this new Foreign Account Tax Compliance Act (FACTA) is making things impossible for Americans to open up foreign bank accounts, anywhere abroad.
Here is a link:
Foreign Account Tax Compliance Act
I am also wondering how safe the banks are down there.
Any and all tips and guidance welcome!