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News Link • TAXES: Federal

US Expats in Mexico Left Stranded In Latest FATCA Escalation

• Dollar Vigilante
.... Notices have begun to be sent by Banamex USA, a bank operating in Mexico and used by many American expats in Mexico, to all US citizens notifying them that their accounts will be closed within 30 days.....

1 Comments in Response to

Comment by Ed Price
Entered on:

Got a Mexican buddy?

Go here (, or here (, or any one of a number of place that you can find on your own, and follow their instructions for setting up whatever kind of entities necessary. Then, let a Mexican friend be the CFO for opening a bank account in Mexico, and actually handling the money for your daily living - or a citizen/friend in whatever country. Run the $mun through proper channels, and LIVE.

If you can't afford it alone, get together with a few friends, and share the expenses.

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