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Offshore Savings in Saudi Arabia

Offshore savings in Saudi Arabia have been growing in number recently, especially with the latest Standard and Poor’s evaluation of the kingdom’s banking system being among the safest in the world. It is also considered the most low-risk banking sector in the Middle East.

Similar seach to Offshore Savings in Saudi Arabia : Currency Exchange in Saudi Arabia

and also: Financial Advice in Saudi Arabia, Online Broker in Saudi Arabia, Mortgage in Saudi Arabia, QROPS in Saudi Arabia, Savings in Saudi Arabia, Tax Advisory in Saudi Arabia, US Expat Tax in Saudi Arabia, Money in Saudi Arabia, Current Accounts in Saudi Arabia,

Compare Offshore Savings Accounts

Offshore accounts are a good way to deposit money in sterling, euros or dollars. Opening an offshore savings account is a simple process with normal considerations as for setting up savings accounts. Offshore accounts are often considered a good option for people living abroad or earning money in a different currency.

	Notice or term	Tier	AER	Gross	Int paid	Min - Max investment	Access
HSBC International - Offshore Bank	More info on HSBC International - Offshore Bank in Saudi Arabia >
	None	£5K+	0.00%	0.00%	Mly	£5K+	Phone Internet Branch Postal

Sterling Bonus Saver Account	More info on Sterling Bonus Saver Account in Saudi Arabia >
	None	£5K-£2m	2.01% *	2.00%	Mly	£5K-£1m	Phone Internet
	*including Introductory Bonus for the first 12 month. Instant access to your money 24/7 via internet banking and Offshore PhoneBank.
HSBC Online Bonus Saver Sterling Account	More info on HSBC Online Bonus Saver Sterling Account in Saudi Arabia >
	None	£5K+	0.30%*	0.30%*	Mly	£5,000 - £500,000	Phone Internet Postal
	*Including bonus Preferential interest rates are available to Premier customers: GBP 1.00% AER, USD 0.50% AER, EUR 1.00% AER (including bonus). Interest is paid with bonus for every calendar month in which you don't make a withdrawal. Standard interest is paid regardless of withdrawals.
Sterling Barclays Bonus Saver	More info on Sterling Barclays Bonus Saver in Saudi Arabia >
	12 month fixed term	10k to 20m	2.75%	2.75%	on maturity	£10,000 or currency equivalent – 20,000,000 or currency equivalent	Phone Internet Branch
	Barclays offers multiple currency accounts with 24/7 account access and high rates, perfect for the expat looking to grow his or her wealth abroad.

	Notice or term	Tier	AER	Gross	Int paid	Min - Max investment	Access
Euro Bonus Saver Account	More info on Euro Bonus Saver Account in Saudi Arabia >
	None	€5K-€2m	1.51%*	2.00%	Mly	€5K-€1m	Phone Internet
	*including Introductory Bonus for the first 6 month. Instant access to your money 24/7 via internet banking and Offshore PhoneBank.
HSBC International - Offshore Bank	More info on HSBC International - Offshore Bank in Saudi Arabia >
	None	€10K+	0.10%	0.10%	Mly	€5K+	Phone Internet Postal

HSBC Online Bonus Saver Euro Account	More info on HSBC Online Bonus Saver Euro Account in Saudi Arabia >
	None	€5K+	0.30%*	0.30%*	Mly	€5,000 - €500,000	Phone Internet Postal
	*Including bonus Preferential interest rates are available to Premier customers: EUR 1.00% AER (including bonus). Interest is paid with bonus for every calendar month in which you don't make a withdrawal. Standard interest is paid regardless of withdrawals.
Euro Barclays Bonus Saver	More info on Euro Barclays Bonus Saver in Saudi Arabia >
	12 month fixed term	10k to 20m	2.75%	2.75%	on maturity	£10,000 or currency equivalent – 20,000,000 or currency equivalent	Phone Internet Branch
	Barclays offers multiple currency accounts with 24/7 account access and high rates, perfect for the expat looking to grow his or her wealth abroad.

	Notice or term	Tier	AER	Gross	Int paid	Min - Max investment	Access
HSBC International - Offshore Bank	More info on HSBC International - Offshore Bank in Saudi Arabia >
	None	US$10K+	0.00%	0.00%	Mly	US$10K+	Phone Internet Postal

HSBC Online Bonus Saver US Dollars Account	More info on HSBC Online Bonus Saver US Dollars Account in Saudi Arabia >
	None	US$5K+	0.10%*	0.10%*	Mly	US$5,000 - US$500,000	Phone Internet Postal
	*Including bonus Preferential interest rates are available to Premier customers: USD 0.50% AER (including bonus). Interest is paid with bonus for every calendar month in which you don't make a withdrawal. Standard interest is paid regardless of withdrawals.
US Dollar Bonus Saver Account	More info on US Dollar Bonus Saver Account in Saudi Arabia >
	None	USD5K-USD2m	1.25% *	1.25%	Mly	£5K-£1m	Phone Internet
	*including Introductory Bonus for the first 12 month. Instant access to your money 24/7 via internet banking and Offshore PhoneBank.
US Dollar Barclays Bonus Saver	More info on US Dollar Barclays Bonus Saver in Saudi Arabia >
	12 month fixed term	10k to 20m	2.75%	2.75%	on maturity	£10,000 or currency equivalent – 20,000,000 or currency equivalent	Phone Internet Branch
	Barclays offers multiple currency accounts with 24/7 account access and high rates, perfect for the expat looking to grow his or her wealth abroad.

Guides & Articles for Offshore Savings in Saudi Arabia

Jobs in Saudi Arabia

Amidst the desert climate of Saudi Arabia, expatriates go home with smiles on their faces not just because of the opportunities they found but for the satisfaction of what these opportunities have done for themselves and their families. As said by many who took their chances in Saudi Arabia, "we found gold in the Kingdom." Read More >

Cost of Living in Saudi Arabia

Bread and especially gas are amongst the cheapest in the Kingdom. Utilities such as electricity and water are provided by the government; hence, rates are notably cheaper than in most European countries. Eating in a hotel is obviously more costly than eating in restaurants where an expat can get a decent meal for about $5 USD. The most common local food is the kebab or shwarma which will run you around .80 - 1 USD per serving. Read More >

Working in Saudi Arabia

All expatriates must undertake contract signing including government controlled medical examination for safety and security purposes. Read More >

More articles & guides for Offshore Savings in Saudi Arabia

US Expat Tax Filing

US expats are expected to continue filing taxes in the States even while living abroad. Learn about your tax obligations today.

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Compare Offshore Savings Plans

Learn about the benefits of an offshore savings account and determine which company will be best for your needs.

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Many expats put off opening an international bank of offshore account due to the stress and hassle they foresee. Luckily, ExpatFinder working with a variety of offshore bank and online savings account companies to bring expats the best selection. Whether you need international services from a bank or an offshore bank account due to tax reasons, business banking and online savings couldn’t be easier. Talk to one of ExpatFinder’s bank account offshore partners about opening an offshore credit card or a free checking account and you will have no more to worry about.