Full List of Trump's Foreign Bank Accounts

🎙️ Voice is AI-generated. Inconsistencies may occur.

The release of six years of Donald Trump's tax returns shows that the former president held several foreign bank accounts throughout his time in the White House.

House Democrats on Friday unveiled Trump's records following a protracted legal battle.

The businessman-turned-president's yearslong refusal to hand over the filings fueled public suspicion about what they might reveal. Some political observers believed they could contain key clues to his foreign business ties, or perhaps that he was less wealthy than he often claimed.

The release revealed that Trump listed multiple foreign bank accounts during his time in office.

Donald Trump, foreign bank accounts, tax returns
Former President Donald Trump during an event at Mar-a-Lago in Palm Beach, Florida, on November 15, 2022. On Friday, six years of his tax returns were released to the public. Joe Raedle/Getty Images

In 2016, Trump held accounts in China, Ireland, the United Kingdom and Saint Martin, according to CNN. He again listed the first three the following year, and only the U.K. in 2018 and 2020.

Representative-elect Daniel Goldman, a New York Democrat, highlighted Trump's dealings with one country in particular.

"Trump had bank accounts in China while he was in office until 2018," Goldman wrote in a tweet. "Generally, you only have bank accounts in a foreign country if you are doing transactions in that country's currency. What business was Trump doing in China while he was President?"

The New York Times reported in 2020 on the bank account in China, and that it was linked to a business push there from Trump International Hotels Management. At the same time that Trump was running for reelection, he accused Democratic opponent Joe Biden of being China's so-called puppet.

Biden, however, has not received income from or done business with China, per his own disclosures and returns.

In Trump's first year as president, he paid less in U.S. federal income taxes than he did in foreign taxes. His taxes abroad totaled roughly $1 million in 2017, but in the U.S. that year, he paid only $750.

CNN listed a number of other countries and territories where Trump had cited business income, expenses, taxes or other significant financial items, including Azerbaijan, Brazil, Canada, China, Dominican Republic, Georgia, Grenada, India, Indonesia, Ireland, Israel, Mexico, Panama, Philippines, Puerto Rico, Qatar, South Korea, Saint Martin, Saint Vincent, Turkey, United Arab Emirates and United Kingdom.

Trump previously warned House Democrats in a statement sent to Newsweek that they "should have never" made the records public. He also argued that the U.S. Supreme Court should not have approved their release.

"It's going to lead to horrible things for so many people," Trump said. "The great USA divide will now grow far worse. The radical, left Democrats have weaponized everything, but remember, that is a dangerous two-way street!"

Newsweek reached out to Trump's office for comment.

Do you have a tip on a politics story that Newsweek should be covering? Do you have a question about Donald Trump? Let us know via politics@newsweek.com.

Update 12/31/2022 at 11:16 a.m. ET: The spelling of Saint Martin was changed from the Dutch spelling to match how it was written on Trump's tax form.

Correction 1/03/2022 at 6:27 a.m. ET: This article was amended to make it clear that Puerto Rico is a territory, not a country.

About the writer

Simone Carter is a Newsweek reporter based in Texas. Her focus is covering all things in national news. Simone joined Newsweek in September 2022 after serving as a staff writer at the Dallas Observer, where she concentrated on Texas politics and education. She received both her bachelor's and master's degrees in journalism from the University of North Texas. You can get in touch with Simone by emailing s.carter@newsweek.com.


Simone Carter is a Newsweek reporter based in Texas. Her focus is covering all things in national news. Simone joined ... Read more