Recent content by AND2

I opened with them a few months ago: Postfinance termination I am most worried about what @Martin Everson posted of it being just some random Russian guy that will go down when any bumps on the road come up. But I _guess_ that it's a good option for having <<<100K, a swiss IBAN and a convenient...

Andorra took me 30m to open a bank account. Granted that might be bc you're EU citizen or other circumstances. 6m for a cpy is not my experience either. And it is a 400K investment for the passive not half a billion. Not advocating for an option but trying to bring some real life experience in...

Mmmm I am not finding Andorra difficult. Yes you need to be fluent in either Catalan, French or Spanish...

Mmmm that would mean effective direction of the cpy is where you reside, neither Estonia or Georgia, and you'd be taxed where you reside. Whereas gold bullion holdings are exempt of being reported when held in a foreign country. At least as per Spanish law. I guess you are pointing at having a...

Hi All, I am in the process of investigating how to delay income. Say you get 10K a month but you don't need them. You can do fine with 1.5K/m which are taxed much, much lower. So in the long run you get more money. The only idea that seems to be shaping up in my mind so far is: - Cpy pays you...

Account is working, made some deposits without a problem, they went for the limits I asked capped at 450% your salary... So far so good. Let's see what happens the day they bail-in europeans and I knock on their door asking for my money... I have to investigate a law/myth that any swiss bank is...

wow you fly high :-) I managed to open an account. Details here Postfinance termination

Soooo opened an account in remote with no problems. Support is from some eastern Eurpean country going by people's names and accent. They increased my quarterly limit but not 450% but only half of that. They based off a std current account statement. I intend to put some pocket money there to...

Andorra is 10% on income. 0% on dividend... The lingo is Catalan but with French is doable.

I am in the process of opening a bank account with Dukascopy justfyi. It is covered by the Swiss bank deposit insurace, has Swiss bank license, fees can be workarounded or are small imo, they do remote, haven't read any horror stories in the web, they told me they are happy with idle cash... My 2cts

Well I reviewed online and it's regulated by the Swiss banking stds. Also the 100K protection apply and so far, from my best efforts (I'm no expert), looks like a a decent place (aka not a scam). You can stay away from their trading and just consume their banking products, also they confirmed...

Mmm Dukascopy might be worth taking a look. @inty I was 'introduced' by a friend lawyer. But I was under the impression you could call/walk in and arrange things. Iirc went there one day and got an appointment. On that other day we went to a room and got 'interviewed' politely in a casual...

Account was opened in person and I am EU. I haven't looked into Panama yet besides on-line reading on PIFs etc. I'd like to do sthg along those lines but still researching.

@inty I use Credit Andorra as they also have offices in Panama. If you ever set up a PIF there for asset protection it could come in handy. What do you want to know?

I wonder if it's true what I read on google about how much does setting up an EMI cost. Like a few hundred K. So you could set up your own EMI? :thinking: