Protecting Your U.S. Business and Assets When You Can’t Be Here
For non-U.S. residents, the dream of building a U.S. business often collides with the reality of strict banking requirements, complicated trust structures, and — increasingly — the risk of deportation or forced relocation.
At Ntare Consulting & Financial, we’ve seen this challenge grow firsthand. That’s why our GlobalBiz CFO Program was created: to give foreign owners and trustees a clean, compliant, and resilient way to maintain their businesses, assets, and banking in the United States.
The Problem: Banking and Business as a Non-U.S. Owner
Whether you’re a Canadian entrepreneur, an African investor, or a global business owner, the hurdles are the same:
Banks resist foreign ownership. Without an SSN or ITIN, many bankers will turn you away — even if you have an EIN and corporate paperwork.
Trust accounts are expensive and slow. Non-grantor trusts face higher compliance costs and monthly banking fees.
Cross-border transfers are costly. Traditional banks charge high wire fees and poor FX spreads.
Deportation risk threatens continuity. If you lose immigration status, your personal banking ties may be severed — leaving assets stranded.
The Solution: Trust → SPE LLC → Bank Account
The GlobalBiz CFO Program uses a proven structure to simplify access and protect your assets:
Non-Grantor Trust: Holds your assets for long-term protection.
Special Purpose Entity (SPE LLC): Formed in Texas or Delaware, the SPE is “bank-friendly,” clean, and designed only to hold assets and manage transactions.
Bank Account: Opened under the SPE, not directly in the trust, so banking is faster, cheaper, and easier.
This model lowers costs, reduces compliance friction, and ensures continuity.
Why SPEs Are the Key
An SPE (Special Purpose Entity) is like a clean box: it only holds one asset or performs one function. Banks, lenders, and auditors love them because they’re simple and ring-fenced.
For foreign-owned U.S. entities, the SPE solves three problems at once:
Makes banking smoother (banks are more comfortable with LLCs than trusts).
Shields the trust from day-to-day liability.
Ensures the business can operate even if the owner must leave the country.
Banking: Choosing the Right Partners
Through GlobalBiz, we position our clients with a combination of Canadian-friendly banks, U.S. national banks, and fintechs:
RBC Bank (U.S.) & TD Bank: The best for Canadians — seamless cross-border transfers, lower FX costs, and tight integration with Canadian accounts.
Chase & Bank of America: Strong branch presence in Washington State and Texas, flexible enough with trust-owned LLCs, and good for day-to-day operations.
Wise Business: The fintech layer for international wires and FX savings, cutting transfer costs by 60–80%.
GlobalBiz as a Fractional CFO Service
GlobalBiz isn’t just entity formation — it’s an outsourced fractional CFO program:
Formation & Structuring: Incorporate the SPE, draft governance docs, and align it with your trust or corporations.
Banking & Treasury: Package KYC documents, set up bank accounts, integrate fintech tools.
Oversight & Reporting: Manage cashflow, wire transfers, FX, and produce monthly reports.
Compliance & Risk: Handle EIN, IRS filings, renewals, and corporate governance.
Strategic CFO Input: Advise on tax efficiency, cross-border planning, and long-term growth.
This means GlobalBiz isn’t a one-time service. It’s an ongoing financial continuity plan for non-U.S. owners.
Why Now? Rising Demand Amid Deportations
We’re seeing growing demand for GlobalBiz because of a sobering trend: as deportations rise, non-U.S. owners need ways to keep their businesses and assets stable even if they must leave the country.
Without the right structure, bank accounts can be frozen or shut down.
Without CFO oversight, assets lose value and compliance risks mount.
Without continuity, families and beneficiaries abroad lose access to wealth.
GlobalBiz addresses all three risks, providing stability and peace of mind.
The GlobalBiz Promise
“From trust to transaction, Ntare’s GlobalBiz CFO Program makes U.S. banking and entity management seamless — no matter where you are in the world.”
We don’t just open accounts. We create structures that last, with Ntare acting as your CFO-level financial partner in the U.S.
Next Steps
If you’re a non-U.S. resident with U.S. entities or a trust, and you’re concerned about:
Banking headaches
Cross-border transfers
Deportation risk
Compliance and oversight
…then the GlobalBiz CFO Program is designed for you.
Contact us today to discuss how we can safeguard your business and assets with a structure that works now and into the future.