HSBC Bank USA, N.A is part of one of the world’s largest and most trusted financial services organizations, the HSBC Group, which has a network of around 8,500 offices in 86 countries and territories. HSBC Group has global expertise in providing more than 100 million customers with the best financial solutions to meet their needs.
As part of our global suite of products, HSBC provides convenience for internationally mobile expatriates, giving them one central place to build up funds while their careers take them around the world. We provide specialist offshore banking solutions for customers in more than 200 countries and territories worldwide.
Many of HSBC’s customers in the U.S are expats, with business and personal interests in more than one country. Our services can help expats take advantage of the offshore savings, tax planning and wealth management opportunities available, and provide a secure home for their money.
Alan Smith, Head of International Wealth Management for HSBC Bank International shares his expert opinion:
‘Expats have not been immune to the global economic crisis, but despite this many expats are wealthier and save more than non-expats. As global economies continue to experience significant uncertainty, fascinating behavioral trends emerge among the expat population, particularly in the changes to their spending and investing habits.
What can you do to make your money work harder?
With interest rates at all-time lows in Europe and America, it is likely that we will see an effect on the popularity of fixed term investments, bonds, and property in these regions. As ‘green shoots’ of economic recovery gain credibility, we may find that expats are prepared to risk more for potential gains and may see an increased interest in the slightly riskier types of investments.
Get expert advice
Getting advice from an experienced advisor helps you understand the benefits of holding offshore investments, make the most of potential tax benefits and/or give you access to cross border investment markets.
Choose the right offshore centre
Choose the most relevant offshore centre to deposit savings so that in the event of death, beneficiaries can deal with probate in a language, culture and process that is most familiar.’
Learn more about HSBC Premier by calling:
William E. Block
Market Street Premier Relationship Manager
215-563-4131
Danny M. Chan
Arch Street Premier Relationship Manager
215-502-4159
