Banking in Panama vs Miami (What Expats Need to Know)

Banking in Panama is very different from banking in Miami, and most people don’t realize that until they actually go through the process. In this video, Javier Correa, Tax Director at Rothbard Group breaks down the key differences between banking in Panama and banking in Miami, Florida, from account opening procedures and compliance requirements to private banking culture, wealth management, crypto friendliness, multi-currency accounts, and personalized service. Understanding how banks operate in different jurisdictions is critical when building an international banking strategy. In this video we cover: Why opening a bank account in Panama can take weeks Multi-currency banking advantages Crypto-friendly banks in Panama Why many international clients choose to bank in both Panama and Miami 🚀 Learn more about our services: https://rothbardgroup.com Video Chapters: 00:00 Banking in Panama VS Miami, Florida 01:09 How Banking Culture Differs From the U.S. 02:00 Opening a Bank Account in Panama 04:39 Wealth Management & Private Banking 06:01 Banking Fees 07:02 Multi-Currency Accounts 08:50 Communication & Client Experience 09:55 Banking in Both Panama and Miami Connect with The Rothbard Group: 🌐 Website: https://rothbardgroup.com 💼 LinkedIn:   / rothbardgroup   📸 Instagram:   / rothbardgroup   Disclaimer: Content is for informational purposes only and does not constitute legal or tax advice. Marketing of the Rothbard Group is carried out by its authorized reseller, Rothbard Global. Javier Correa is an attorney licensed in Venezuela and Enrolled Agent in the United States of America authorized to practice before the IRS and the Legal Director of the Rothbard Group. #RothbardGroup #JavierCorrea #Panamabanking #FloridaBanking