I am from the US and am living in AU. Currently all my banking is still in the US. US bank account and debit card, US PayPal business account etc.
Though the foreign bank fees for using my debit card here or withdrawing from ATMs is really high. So for that and other reasons I'll be opening a local bank account here.
Though since I don't have permanent residence here and a US bank account I assume I'm allowed to keep my US PayPal account. Though would I be allowed to open another AU PayPal account or would that get me in trouble with them?
I understand I could only have one business account and one personal or premiere account, so basically you're limited to 2 accounts. My question is if it'd be a problem if those 2 different types of accounts you have are in different countries?
I ask cause I can't transfer money from my US PayPal account to an AU bank account, and I want to be able to transfer to both accounts.
I suppose maybe Paypal allows AU account holders to transfer to US bank accounts?
Are there any real benefits in keeping a US PayPal and US bank account when living overseas? Not sure what ends up costing the most as far as currency exchanges and foreign fees etc, it gets so complicated.