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Recent content by JohnLocke

  1. JohnLocke

    What is the safest way to invest in gold: physical storage or ETF?

    No matter how you look at it, an investment is fraught with risk. If we completely disregard the possibility of confiscation due to either a lack of documentation for the money used to purchase the gold, or because of war breaking out, then I would say that both scenarios carry equal risk...
  2. JohnLocke

    How do I open an offshore bank account for a new business?

    If that still works without all the troubles with the taxes there it sounds indeed like the best suggested solution here.
  3. JohnLocke

    Revolut CRS 2024: Aggressiveness & Info Shared?

    There's probably no one who would post their tax form here - that said, I can tell you that they report that you have an account with them with X EUR in it - whether it's zero or 1 million doesn't matter. What happens then is that the tax authorities inquire further about your account if they...
  4. JohnLocke

    Question What are the risks of paying money under the table?

    That may indeed be the best advise. OP please when you open a question thread as you did, use the VOTE (arrow up/down) for the questions you like. The same goes for the rest of the members reading this thread, please up- or down vote answers.
  5. JohnLocke

    Question Most recommended EMIs for EU licensed crypto exchange

    In a week? You'll be so quick, the EMIs and Crypto VASPs will think they're on a speed date! Where'd you share it? Feel free to post anything that's not self-promo or your own service.
  6. JohnLocke

    Move Business & Stay Anonymous to Avoid Lawsuits?

    That's absolutely the best advice you can get. Make sure that your trading company is not registered in the same country you live in; this way, you add another barrier between you, the company, and any potential litigants. And, as already mentioned here, if you place your company in the...
  7. JohnLocke

    KuCoin Case: US Win Uncertain, China's Next Move Key

    Let's hope so, I believe it's the governments that win not their citizens.
  8. JohnLocke

    Question Crypto Gateways Beyond BTC: Alternatives to Coinbase?

    That's good, then both of you have been heard and thank you for respecting what I wrote, namely that you should open a new thread. It must be your words that count here on the forum. If you continue this way in this thread, I will delete your posts, which would be a shame since they are very...
  9. JohnLocke

    KuCoin Case: US Win Uncertain, China's Next Move Key

    Just read it here https://www.coindesk.com/business/2024/03/26/crypto-exchange-kucoin-violated-anti-money-laundering-laws-us-charges/ It's crazy how many folks are getting accused of money laundering and dodging taxes in the crypto scene these days. There's gotta be some truth to it, but it...
  10. JohnLocke

    Looking for the payment processor

    Try with https://unitpay.ru/ There are even more in the resource database in mentor group gold, but can't find them right now.
  11. JohnLocke

    Looking for the payment processor

    Best in your situation is to look at what your competitors do and which processors they use. I know most of them are using Russian processors for this type of business. That said, I also know we have some users around that may be able to help i.e. @AlexPCS @MichaelUniq @Shories and more.
  12. JohnLocke

    Bulgaria or Cyprus for company and residency?

    And what would you do if (as in your case here) Spain says that we do not recognize that you live in Bulgaria and therefore you must pay tax in Spain? Then you would have to pay tax both in Bulgaria and in Spain. exactly my point!
  13. JohnLocke

    How hard is it to get UAE bank (2024)?

    And what if you never put this amount into your bank account or there won't be that cashflow through the account, how will the bank respond to that?
  14. JohnLocke

    Bulgaria or Cyprus for company and residency?

    How often can you take out the dividend in Cyprus if you now mind to enlighten us ? You mean the rule. living in the country where you pay tax at least 185 days don't apply because of the Schengen agreement ?