Do you have any suggestions for friends who are preparing to immigrate? Especially in terms of money

Now many friends have plans to emigrate, and they will also consider how to take their assets overseas in a legal way. So what should we do? Analyze my personal experience.

1. The most important thing is to open an overseas bank account as soon as possible. No bank account, nothing. Open as soon as possible, whether it is "ants moving" or educating children to plan ahead. Everyone needs an account. So, be sure to drive, be sure to drive.

2. Holding highly liquid assets. Don't invest all your money in one project, especially in projects with poor liquidity or assets, such as real estate. If you finally want to settle overseas, you should hold highly liquid assets at home. At the same time, if you have an overseas account mentioned in the first point, you can start to consider buying overseas real estate.

3. Buy overseas insurance. Especially umbrella insurance. Can effectively protect your personal assets. This is more professional, so I won't go into details. You can consult a reliable overseas insurance company for details.

Not to mention the impact of the epidemic in 2020, if I have economic strength, I suggest that I can spend tens of thousands of dollars to travel abroad once and open an account in a foreign bank. But before you leave, you should read the requirements for opening an account in a local bank. Every country and bank will have different requirements. In the United States, such as Wells Fargo, Bank of America, Chase and Citigroup are all good choices. If your English level is good and you have a little time, this is a good choice. Take a trip by the way.

If you don't plan to go abroad, you can consider some emerging digital banking products, such as NemoFi Nemo digital banking, which aims to open overseas accounts for the Chinese community. This is a good choice.