K-VISA fixed term deposits

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dalin
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K-VISA fixed term deposits

Post by dalin »

Hey guys,

I was wondering if anyone has lived outside the country and deposited fixed term deposits stashed in one of the Cambodian Banks. Does having a K-Visa help in opening an account? Any suggestions on what banks can do this without hidden fees or agendas without me having to reside there?
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PSD-Kiwi
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Re: K-VISA fixed term deposits

Post by PSD-Kiwi »

Banks usually require a physical address in Cambodia (lease, ownership docs) or local phone number to open an account, easily done, but you need to physically go into a branch to open an account.

Yes, you can open an account with a K-type visa.
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Re: K-VISA fixed term deposits

Post by SinnSisamouth »

u will pay 12% withholding tax
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Re: K-VISA fixed term deposits

Post by Jamie_Lambo »

yeah what PSD said :)
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PSD-Kiwi
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Re: K-VISA fixed term deposits

Post by PSD-Kiwi »

SinnSisamouth wrote: Thu Feb 16, 2017 3:45 pm u will pay 12% withholding tax
I thought non-residents paid 14% tax on interest earned?
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Re: K-VISA fixed term deposits

Post by SinnSisamouth »

PSD-Kiwi wrote: Thu Feb 16, 2017 4:54 pm
SinnSisamouth wrote: Thu Feb 16, 2017 3:45 pm u will pay 12% withholding tax
I thought non-residents paid 14% tax on interest earned?
ok
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Re: K-VISA fixed term deposits

Post by bolueeleh »

come deposit with my MFI, no tax, no need K visa :beer1:
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