K-VISA fixed term deposits

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dalin
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K-VISA fixed term deposits

Postby dalin » Thu Feb 16, 2017 2:58 pm

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

Postby PSD-Kiwi » Thu Feb 16, 2017 3:06 pm

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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SinnSisamouth
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Re: K-VISA fixed term deposits

Postby SinnSisamouth » Thu Feb 16, 2017 3:45 pm

u will pay 12% withholding tax
i am on these blocked lists;
pucketrichard
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Jamie_Lambo
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Re: K-VISA fixed term deposits

Postby Jamie_Lambo » Thu Feb 16, 2017 3:47 pm

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

Postby PSD-Kiwi » 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?
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SinnSisamouth
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Re: K-VISA fixed term deposits

Postby SinnSisamouth » Thu Feb 16, 2017 4:58 pm

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
i am on these blocked lists;
pucketrichard
hotdgr
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bolueeleh
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Re: K-VISA fixed term deposits

Postby bolueeleh » Thu Feb 16, 2017 9:10 pm

come deposit with my MFI, no tax, no need K visa :beer1:
Money is not the problem, the problem is no money

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