Recent content by GPT

Owh man, seeing this and I got cold chills up my spine. Your series is newer than mine :P

I also experience this right now. First time I experienced it was when Cyprus went bankrupt about a decade ago and you had to upload an underlying document for every outbound transaction. Yes, this is not the same as this new USA legislation. Only mentioning it as it is nothing new. More...

The likeliness of being chased depends on your profile and how big of a fish you are to them. Some countries are more difficult than others with regards to their citizens (and sometimes residents). Don't flaunt your wealth (no lambos and all that other bs when you didnt properly declare) and...

I am one of those. I walk a lot on flip flops. It’s why I can do with less socks The Airboss from RedOxx. Over the years I have tried a lot. Until now, I think that I am most satisfied with this one.

I used eagle creek myself as well. Until unfortunately the tore at the zipper. I then bought ones from ikea. They also work perfect. The latest cube versions also let you compress your clothes. Reason why I have one is organization. You can compare it to have a tech pouch for cables and other...

I am aware of other numbers being used in such cases. Think company registration numbers or LEI numbers. Basically it is a check on whether it is correct to not charge VAT. In one of my previous companies we were forced to have a VAT number (canton of Zug). One of the things that changed at...

In so far I am aware you still need a tax number from both seller and client side to apply the zero tax. If a number is missing it is treated as a B2C transaction and then you need to charge Swiss VAT. This is what I always had to deal with with invoices originating from Switzerland to abroad.

I travel with: Tech 1x laptop 1x laptop sleeve 1x phone 1x charger and cables for both 1x battery pack Personal care items (very minimalist) multiple ziplock bags (IKEA 1,2 ltr, works perfect for flying with liquids) Clothes 1x jeans 1x shorts 1x swimming and work out shorts 3x short-sleeve...

I agree with you. The EU and if it’s a big enough of a case, the USA are capable of setting this up.

St Kitts being a nightmare banking wise at the moment. Other than that you are on the money. If not mistaken st kitts is grey listed which makes it a nightmare to work with. Only thing with tax authorities is that regardless of who owns it, if they can get their hands on it (real estate or art...

Not personally but a a close friend has experienced that.

True. They are declining. I don’t have up to date numbers, will see if I can get my hands on that. Based on the developments since then I don’t expect improvement, at best in the same range.

There are certain levels you need to reach before things make sense from every aspect. Going offshore? Less than 250k profit? Why bother. Just pay that amount of tax and don’t get into headache situations. Less than 5M wealth? True asset protection isn’t for you. What you can look at is some...

Yes that is true. Just google and you find several examples where everything is confiscated for as long as it takes to get it to court.

I would like to add; if you declare it when entering and leaving a country it wont be a problem. Im aware of stories about just a handful of silver coins causing problems. In one case value wise not even 500 dollars but they didnt have the invoice/receipt with them and didnt declare as they...