Recent content by alpakiwi

This is inaccurate. U.S. banks do not report account holders for CRS purposes. Also, your comment about the LLC not benefiting from asset protection is incorrect: the LLC would be owned by the trust, not by you personally. So if you were to be sued, the LLC would not be considered your asset.

No. It's not the same. You care that the Nevis trust is the owner in case a tax authority or a lawsuit gets to you. Then you can declare and prove you're not the owner. US doesn't participate in CRS anyways, so (incorrectly) reporting you as UBO to your country of residency is not the issue here.

I guess that's what I suggested, maybe I didn't explain myself properly

Does it make a difference to my point? Which is what the thread is about. Thanks for your help @redeye whenever I need grammar lessons I'll make sure to call you first.

You wouldn’t want to set up the US LLC with a Nevis trust as the initial member because no reputable bank (and definitely no EMI) will open an account if the owner is a Nevis trust. When I refer to a bank account, I mean whichever banking solution you can actually access,which often depends on...

The most robust structure I’ve come across lately for privacy, asset protection, and international flexibility goes like this: You set up a US single-member LLC and open bank accounts under it. Then, you assign the ownership (via a private assignment document, which can technically be backdated...

Yes, they are very good

It applies per individual tax resident, not per family unit. Individuals under 18 are not considered tax contributors

As I said, I have used this guy https://aglegal.com/es/ and he is quite good.

I’m referring to the standard non-domiciled scheme, which has a €5,000 minimum tax. This is distinct from the GRP, RP, or similar programmes that require a €15,000 minimum and apply a 15% flat rate, as previously explained. And yes, I am an international tax advisor.

Capital gains arising outside Malta (for example, gains from selling shares in your company or other investments) are not subject to Maltese tax, regardless of whether they are remitted to Malta or not. Foreign income (such as dividends, interest, or rental income) is taxable only if remitted...

I’ve experimented with this setup before. Many Malta non-doms typically opt for either a Maltese trading company with a Cypriot holding or a UK holding. Personally, I prefer the UK holding structure,it’s generally seen as more reputable, banking tends to be more straightforward and less...

depends on what you do , ping me by DM

Wio is the best

Acclaim and Eximia are both strong corporate service providers in the Isle of Man. Stonewell, on the other hand, is best avoided. Regarding banking, Barclays and Capital International are the main options already mentioned. Additionally, a few EMIs also accept Isle of Man businesses and allow...