When looking for international banking options, foreign entrepreneurs and investors often turn to banks in America. The country has a strong and stable financial system that attracts clients from all over the world. However, not everyone is aware that Puerto Rico offers the same advantages as mainland USA. The reason is simple: Puerto Rico is an unincorporated territory of the United States, which means its banking system operates under the same legal framework, ensuring reliability, asset protection, and financial stability. For those wondering which banks in America provide banking solutions for foreigners, the answer is clear—many institutions offer secure banking services, favorable conditions, and access to global financial tools. Any of the top banks in USA can offer comprehensive financial services, ensuring security and global access. However, Puerto Rico provides the same benefits—and possibly even more—since it operates under U.S. regulations while offering additional flexibility for international clients. Another significant factor is privacy. While the United States follows strict financial reporting standards, Puerto Rico also ensures a high level of confidentiality. Neither of them has subscribed to the CRS,* this makes them an appealing option for those who want to benefit from the US financial system. Additionally, opening a bank account for non-US citizens in Puerto Rico can provide an easier entry point to a solid currency like the US dollar. Nevertheless, compliance remains a crucial aspect of opening an account successfully. *We stress that the absence of automated reporting doesn’t except the account holder from complying with his/her tax and reporting responsibilities in the corresponding countries. 

As the banking world continues to evolve, more individuals and businesses are looking for stable, advantageous jurisdictions to place their assets. In 2025, Puerto Rico stands out as a compelling choice, especially for those seeking financial security within a U.S.-governed territory that offers a different set of banking options than mainland institutions. Known for its appealing regulatory landscape and its unique status outside of the Common Reporting Standard (CRS) agreement, Puerto Rico provides some distinct advantages for banking clients. Let’s explore why Puerto Rico could be the ideal banking destination for you in 2025. Puerto Rico’s banking system operates under U.S. federal law.

In the Caribbean culture, history, and idiosyncrasy, Puerto Rico has many interesting things to tell. The background of Puerto Rico is based on a rich mixture that contributed to creating the island country that we know and love today. At Mundo, we love Puerto Rico and so do our readers. Considering the response to our previous entries about the subject, we decided to draft this piece presenting a brief history of Puerto Rico and how it became such an interesting destination for nomad capitalists and perpetual travelers. Although Spanish is its official language, and even though its people dance to salsa rhythms and reggaeton, the island belongs to the United States. 

How do you decide which one is the best banking in the world? The question is quite interesting, particularly in our times. While Switzerland is famous for its solidity and confidentiality, countries like Seychelles or the Cayman Islands are known for having low fees and friendly policies. But how about we visit Puerto Rico? While looking for the best banking in the world this jurisdiction cannot be overlooked and here we explain why. 

Although the five CBI stars tend to draw all the attention in the Caribbean, there's another destination that many people ignore but that is, however, a safe banking center and a hub for crypto magnates who look for better opportunities. When it comes to finding the best place for your finances don't forget Puerto Rico. The fact that it is officially a territory of the United States doesn't make it a bad option, but actually quite the opposite. Let's find out why Puerto Rico crypto entrepreneurs are finding the “island of enchantment” to be the perfect place to settle.

The challenge of finding the best banking paradise cannot be avoided. If you want to protect your money with a bank you probably have done your research and are wondering what the top offshore banking destinations are. However, the decision is not always that simple. There's no one-size-fits-all solution, so comparison becomes imperative and, most of all, necessary.

Mundo is on the hunt for every banking opportunity that might help our readers and that may provide interesting information about the world that we love so much: the global finance industry. Safe banking is a must if you're looking to expand your business beyond your borders and naturally, you'll want the jurisdiction that brings you the best advantages. 

Puerto Rico is currently one of the favorite destinations within the offshore banking sector.