if you are from South Africa and you're
looking how you can make money by
selling on Amazon then first you have to
know these things
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what's up guys what's up Millennials I
hope you're doing well so today we'll
try to help you out by explaining why do
you need to do to start selling on
Amazon if you are from South Africa if
you don't know yet how you can make
money by selling on Amazon then feel
free to check my other videos or join my
facebook group because I have everything
explained there so you can find the link
down below in the descriptions so as of
right now I'm assuming that you already
know how you can make money by selling
on Amazon and you want to do it you want
to start selling on Amazon but you
cannot because you don't live in the
United States and because of that they
have different requirements you need to
follow so I'm gonna explain all these
requirements and give you the solutions
or the things you need to do to in order
to sell at Amazon the pallet any further
ado let's jump in and let's get started
from the very beginning so amazon
divides sellers into three groups that's
really important to know so depending on
the part of the world that they are
based so the group one are the people
living and based in United States the
group two are the people based in the
country supported by Amazon Payments
group three are the people based in the
countries not supported by Amazon
Payments but they are allowed to sell on
Amazon and the group four are the
countries not allowed to sell on Amazon
I have good news unfortunately that's
not the best news so the news is that
South Africa is in the group three
countries not supported by Amazon
Payments
that allowed to sell on Amazon that
means you can sell and make money on
Amazon eBay
do not accept your country's payment
methods such as your conscious bank
account or credit or debit cards that's
where I am stepping in and helping you
out so like I said you cannot get money
from Amazon in your country's bank
account or credit card or debit card
that means you need to open a bank
account in the United States don't worry
it's much easier than you think and the
solution is Payoneer bank account it is
commonly used by Amazon sellers who are
in the group three or four so you need
to sign up for a Payoneer account to
receive payments and then transfer these
payments into into your local bank
account or credit card so you get
payments from Amazon to Payoneer and
then you can spend them you can transfer
them to your local bank to open up in
your bank account you can find the link
down below in the descriptions only
using my link you will get $50 back to
your Payoneer account so take that
chance oh and I forgot to mention what
is paneer so pinyin is a bank based in
United States you don't need to be in a
nice estate to open it you can do it
online so when you open account if them
credit card will be shipped to you if
you want I mean I think they charged
four bucks or something like this four
dollars to get a debit card shipped to
you to South Africa also you will get
bank account information such as routing
number and account number so these are
the information that you need to fill
out when you're creating Amazon sellers
account that's why we need to get United
States bank account because of these two
routing number and account number so now
you may ask what information you need to
provide to open a Payoneer bank account
so you need to provide full name address
where you live phone number and for
verification purpose you need to provide
one of these lesson either Passport
national ID or driving license
once you have Payoneer back
count your ready to open amazon's
account and you don't need anything else
that's how you can start selling on
amazon that's how you can start making
money if you use my link you will get
$50 back to your Payoneer bank account
and another thing I need to mention is
taxes I know it might look and sound
complicated then you're selling abroad
how do you pay taxes what taxes do you
need to pay and so on so there are two
types of taxes you need to know sales
taxes and income taxes income taxes
basically is you paying taxes from the
profit less you make from the money that
you make and these income taxes need to
be built in your country not in the
United States so it's really convenient
for you right I mean probably you know
how to fill out the taxes and pay the
taxes in your country if you live there
and sales taxes unfortunately but sales
taxes need to be paid in the United
States but don't poor it's really
convenient if Amazon Amazon collects all
the taxes from customers so you don't
need to pay from your pocket so Amazon
collects these taxes from each customer
and you need if I remember correctly you
need to pay only once a year
these sales taxes you can hire CPA you
know pay 100 to 300 bucks I know how
much do they charge pay them they fill
out all the taxes and you just transfer
them out and you then it's really is you
don't think it's really complicated and
hard to do and that definitely shouldn't
be the reason to back off from making
money on Amazon right so that's all the
things I wanted to say so if you have
any more questions feel free to join my
facebook group you can find the link
down below in the descriptions and I'm
sure you will get your answers to your
concerns or questions in my facebook
group or you can message me on the
Facebook I will be more than happy to
answer any question you got so okay guys
thanks for watching see you soon
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