How to obtain/maintain a US phone number cheaply while living abroad?

Posted by LordWonker@reddit | expats | View on Reddit | 18 comments

Since many US-based institutions only allow use of US phone numbers (e.g., for bank accounts), I wanted to ask how those of you living abroad are dealing with this issue.

Are there any providers where you can obtain a US phone number to receive texts (e.g., for 2FA) that will be accepted by, for example, US banks (does not work with VoIP or virtual phone numbers) and work while being outside the US?

Optimally, I am looking for something that is fully prepaid (meaning you only pay for the text and calls you make) or has only a small monthly fee (5-20 USD)

Since I assume some of you have run into similar issues, I look forward to what your solutions were

Thanks in advance!