Expat Focus International News Update July 2020

Although the coronavirus continues to feature heavily in the news, we are starting to see other stories being reported. For example, Hong Kong has been dominating the headlines, as a result of the increasing crackdown by China and the escalation

Expat Focus International Healthcare Update July 2020

COVID-19 continues to dominate healthcare news across the globe. Although many countries are now beginning to emerge from lockdown, there is widespread concern around the impacts of a second wave. As a result, some countries are already taking precautions. For

Expat Focus Financial Update July 2020

In our update last month, we mentioned that there has been a growing trend for some countries, particularly in the Gulf, to limit jobs for expats. The COVID-19 pandemic has lent fuel to this fire, with most nations facing significant

Expat Focus Brexit News Update July 2020

As Britain slowly begins to emerge from lockdown, its focus starts to shift once again towards the issue of Brexit. This article will take you through the most recent developments, as well as their implications for expats.30th June was the

How To Open A Bank Account In Vietnam

The State Bank of Vietnam, formerly known as the National Bank of Vietnam, was first established in 1961. As the central bank of the country, it has a number of responsibilities. For example, it maintains currency reserves, secures monetary stability,

How To Open A Bank Account In Turkey

Most state banks in Turkey were originally established to finance specific industries (such as Ziraat Bank, which was established to help agricultural development), but private banks generally have close connections to large industrial groups and holdings. The Central Bank of

How To Open A Bank Account In Trinidad And Tobago

Trinidad and Tobago consists of two main islands and is one of the most prosperous countries in the Caribbean. There are eight commercial banks operating there, with a network of over 123 branches, employing around 7,400 staff across the islands.

How To Open A Bank Account In The USA

Some of the largest banks in the United States of America (USA) include JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Goldman Sachs. It is estimated that their collective banking assets are equal to roughly 56% of the economy.