It is easier to open a bank account in Hong Kong for non-resident than it is in Europe, the UK or US. The basic requirements for opening a bank account here include proof of address and an ID.
Being a Hong Kong resident helps quicken the process, but is not mandatory
Non-residents can also open a bank account here with little difficulty. If you possess a Hong Kong visa, you can open such an account. If you do not have a visa, feel free to apply to open a bank account.
Documents needed to open a bank account in Hong-Kong for a resident
If you are resident, if the bank asks for proof of address. You will need the following:
- utility bill
- official government communication/documentation
Requirements for non-residents
Technically, a tourist in Hong Kong can walk into any bank and apply to open an account but it’s way more complicated than that
For non-residents, the bank would probably request you to supply it with the aforementioned documents from your country of origin. If you are a non-resident, the bank will only accept the following forms of identification:
- Utility bill
Let’s be honest, opening an offshore bank account in Hong-Kong for a non-resident is becoming harder than a few years ago. You have to seek the help of professionals who possess the necessary expertise to assist you with the entire process from start to finish.
A good number of major and international banks have branches in Hong Kong. Prior to visiting the branches for information regarding how to open a bank account in Hong Kong, you need to find out whether they provide private banking services or not.
Once again, your best bet is using the services of professionals with years of experience who understand the requirements regarding to open a bank account for non-resident in Hong-Kong.