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Fbar-foreign Bank Account Report For U.s. Citizens And Residents

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Hello,

I have read the other posting regarding the FBAR requirement that applies to U.S. citizens and residents. The topic responses have gotten off the subject so I'll ask my question here.

Can my Thai wife open and hold a fixed term savings account in Austrian dollars in a Singapore Bank? Does anyone know of any reason why she cannot, or does any American married to a Thai national have experience in this matter. If it can be done it seems to take care of the FBAR problem.

Any advise would be appreciated.

-O

Hello,

I have read the other posting regarding the FBAR requirement that applies to U.S. citizens and residents. The topic responses have gotten off the subject so I'll ask my question here.

Can my Thai wife open and hold a fixed term savings account in Austrian dollars in a Singapore Bank? Does anyone know of any reason why she cannot, or does any American married to a Thai national have experience in this matter. If it can be done it seems to take care of the FBAR problem.

Any advise would be appreciated.

-O

your thai wife can open dozens of accounts in Singapore and hold a variety of different currencies. unfortunately she cannot hold Austrian Dollars.

  • Author

Ahh, I meant to write Australian dollar.

Thanks for catching the typo Naam.

-O

Ahh, I meant to write Australian dollar. Thanks for catching the typo Naam.

-O

i thought as much but could not resist. the temptation was to great. :)

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