The Expat Money Show - With Mikkel Thorup

105: Offshore Banking: Essential Insights You Need to Know – Luigi Wewege


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Today’s guest on the Expat Money Show is Luigi Wewege, Senior Vice President and Head of Private Banking at Caye International Bank, headquartered on the beautiful island of Ambergris Caye in Belize. He is also the published author of The Digital Banking Revolution.
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WHAT WE DISCUSSED IN THIS INTERVIEW:
  • What is an Offshore Bank?
  • Why don’t people use their local bank?
  • Reasons why offshore banks would help
  • What if you have a 9-5 job as an expat in a new country?
  • Asset Protection - how it would help
  • Zero tax jurisdiction
  • Jurisdictions that are famous
  • De-risking and what it is
  • What is FATCA & CRS
  • KYC and Money Laundering
  • Accounts with multiple currencies
  • Who can apply
  • Luigi’s book:  The Digital Banking Revolution
  • And so much more….

  •  
    Here are 5 really important things you will learn from this conversation:
    1. Take your application seriously. This is not like your local banks. Work with a 3rd party that has a reputation with the bank.
    2. Offshore banking has different price points than domestic banks
    3. Offshore costs more
    4. International business & Asset protection and diversification
    5. Take your jurisdiction seriously, they are not all the same

    6.  
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      CONCLUSION
      Great conversation with my good friend Luigi Wewege. As I mentioned at the beginning of the interview, we met almost 3 years ago in Dubai and became fast friends. He’s one of the reasons I moved my family to Panama, all the great things he talked about living here. This is a really great video interview with him about all things Offshore.
       

      Mentioned in this episode:

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      Into The Amazon—Then Straight To The Beach

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      Brazil Tour August 2 - 9, 2025

      Gold in the Caribbean—No Bank Can Touch It

      Fiat is failing. Banks are cracking. And smart investors are moving their gold offshore—outside the system. I’ve partnered with a fully insured private vault in the Caribbean where you can buy, store, and protect physical gold… legally and securely. The entire account opening is done online—fast, private, and no nonsense. If you’re serious about protecting your wealth, get the details now at ExpatMoney.com/gold

      Offshore Gold & Silver

      Join Us For Upcoming Live Webinars

      Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k.

      If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.

      Webinars - Expat Money

      Into The Amazon—Then Straight To The Beach

      This year, I’m taking a private group into the Amazon rainforest—then we head to Fortaleza and explore Brazil’s booming Northeast coast. Think Amazon river cruises, beachfront developments, and wide-open opportunity. From the heart of the rainforest to pristine beaches most people only dream about—this is bucket-list meets Plan-B strategy. If you’ve ever wanted to see the real Brazil and scout investments along the way, this is it. Go to ExpatMoney.com/Brazil.

      Brazil Tour August 2 - 9, 2025

      ...more
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      The Expat Money Show - With Mikkel ThorupBy Mikkel Thorup

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