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⍰ ASK Is it necessary to be a resident of a country to open an offshore bank account?

It depends on the bank and jurisdiction. Some offshore banks may require account holders to be residents of the country, while others may not have any residency requirements. It's important to check the specific requirements with the bank you're interested in opening an account with. Additionally, some countries may have laws and regulations that restrict non-residents from opening bank accounts.
 

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