Recent content by Frankie

Given how things are REALLY developing in Europe, what will happen is the same as with most doomsday predictions- either they won't happen (90%) or they won't affect any of us And in the unlikely case this will happen, if you have 14M turnover you have a few $ to spend on opening an office +...

Malta has no CFC until 750k+ EUR profit: "The CFC rules apply only if the foreign entity’s accounting profits exceed €750,000 and its non-trading income exceeds €75,000;" So if you reside in Malta you can open 100 Dubai companies, each making 750k+ EUR in profit and enjoy your tax-free profits...

What do you mean by clean IP- a Residential IP through a paid service (not a cheap VPN/proxy, a IP that looks like a real residential IP in the UK)? Mobile IP using Tethering? Thanks for a very useful guide indeed.

Buy a global diversified world index and forget about it. VWCE for EUR, VWRA for GBP. Don't buy VT (USD) as you will be liable for taxes on your dividends and when you pass away your heirs will pay US estate tax that can be up to 40%. IBKR is good. Alternatively use any broker that charges 0...

EFG Private bank in UK, and HSCB UK are opening accounts but you will need an introducer and show some really big deposit, or some huge business potential.

Well, African + Bahrain + UAE account, I don't judge but this is a bunch of red flags right there... Maybe you will have more luck with more African centric banks like AfrAsia or MCB in Mauritius?

How about if I use an IBKR whitelabel? Who does the compliance, the bank that whitelabels or again the main IBKR? (I suspect then I could open but it will be slightly more expensive) Just US markets. SAXO is indeed good. I just wanted IB as it was cheap and extremely solid, publicly traded...

Due to some stupid mistake my IBKR account got shut down (I tried to open a corporate account, they didn't like it and shut down my personal one). Can I open a personal IBKR account in a different jurisdiction, for example IBKR Ireland or IBKR Singapore, or will they immediately decline it...

I have a suggestion, you should ask GPT the following questions: "Is the EU a tax hellhole?" "Are there tax havens in the EU?"

100%. I'm hearing that US banks are open to Paraguay IDs but you definitely need a passport, every single bank will ask for your passport nowadays.

Great points, thank you!

Can you share what led you to think it will not last long? Foreign ownership?

I join the question. What are the fees? How many days did you have to stay in Paraguay? What bank accounts can you open with PY residency?

Does it work as a bank though? Can you get paid by customers into the Vivid.money account?

Google "picking pennies in front of a steam roller"