Recent content by Radko

I had forgotten about the LTR Visa, arguably the best visa to get at the moment. Not sure what the requirements will be after the 10 years are over.

All those are good ideas...., but flying with $20K in cash is risky. In the western world the most that you're allowed to carry in cash is 10K, more than that, by law, has to be declared. I guess you can ask your lovely lady to carry another 10K, and I'm not sure you want to ask a child to carry...

As long as you can prove that you had the money before becoming a tax resident in Thailand, you're fine (they won't ask you how you made the money), so a bank statement showing that you had the money prior to moving to Thailand is enough. I'm still not sure how they will track all the money...

Hi! Will they ask you to declare all your savings when you move there? So they know that anything above that will be money earned, and therefore taxable? What about Pensions, also taxed? What if you withdraw money from an ATM using your foreign debit card? My lawyer tells me things are not...

Let's see.... By members I mean shareholders, BOI (beneficial owner information) which has to be disclosed. There is no difference between a person and a single member company, hence the estate tax is applicable. Please give me the name of a US Broker "that accepts non residents". Interactive...

You and I think alike. Best of luck with the adventure!

Single member companies are all subject to the estate tax. And I don't think they will let you open an account at a US Broker with a foreign entity.

Some of that profit comes from the interest they are earning on our money.

Listen, everything was reported back in the day. Australian customers were the first ones to get contacted by their tax authorities, as well as Dutch customers. HMRC just took longer to get in touch with people. The J5 was using international AML laws to get the names of the account holders...

The bank had to give the names of the account holders due to the investigation. There are no bank secrecy laws in Puerto Rico, they had no choice. The Receiver didn't give any information to the J5, the Receiver has nothing to do with the J5, the bank had to give that information before the...

All that might be true Peter, but ultimately your bank was closed because it wasn't keeping the minimum working capital required by the regulator to keep the license active. There are only two things that a bank needs to do, one is keep the money safe, and the other one is keep the license...

You can contact James Baker CPA, he can do everything for you (MMLLC, Panamanian Trust, Brokerage account, etc). Look him up, he is in Florida, you can schedule a free consultation via his website, or via his YouTube channel. Panamanian Trust is cheaper, faster, easier than most other options...

If you're going to live in Thailand you'll be taxed on money remitted, at least that's what they say. It wouldn't make any difference if you kept your IB account with your address in Cyprus. If you don't want to be taxed on the money that you transfer to Thailand, them don't become tax...

If you want to be 100% protected you will form an LLC, preferably a MMLLC, and then have a Panamanian Trust owning that MMLLC. This is what a lot of people are currently doing. Interactive Brokers & Charles Schwab will let you open an account with the MMLLC (Schwab has a minimum deposit of $250K)

Where in Andalucía of you don't mind me asking?