Recent content by andrew28fl

The Republic of Georgia could be an option for you. It's 1/5th the cost of living in Dubai, the weather is great, and Tbilisi is a decent place to live and build a business. A $ 100,000 investment in real estate provides 1 year, indefinitely renewable residency. Georgia is one of those places...

Singapore requires almost a $2m investment, plus an operating business track record etc. Silver MM2H is about $300k, no comparison. Kuala Lumpur offers about 80% of what Singapore has to offer at a fraction of the cost, IMO.

Yes, you can't do any local business/work. My investments/biz is online, so it doesn't impact me. Plus they have clearly said that foreign income is exempt under mm2h so that's a huge plus for me.

You seem to be knowledgeable about mm2h, so a question for you. Is the silver tier mm2h renewable indefinitely? Or is it just 5+5 years, and then whatever the terms of renewal are at that time apply? Thanks!

I thought IRS filing starts on January 27 2025. https://www.irs.gov/newsroom/irs-announces-jan-27-start-to-2025-tax-filing-season-agency-continues-historic-improvements-to-expand-enhance-tools-and-filing-options-to-help-taxpayers Am I missing something?

Hello, My registered agent for Wyoming LLC told me that I need to file my BOI report by January 2025. Their website also says the same: https://fincen.gov/boi-faqs#B_1 Anyone else has filed this report already? Is there anything I need to be careful about? Canadian citizen, non-US resident...

I have an Indian account because of my ties to the country. I wouldn't recommend Indian banks to an enemy. They find new ways to harass you every day, torture you even.

I thought that with the new mm2h, offshore income is tax-free. Does that apply to remitted or non-remitted only? Technically, if you perform work from Malaysia, it's not offshore income. But is that enforced? Do people on mm2h file taxes and declare worldwide income?

I think Panama City would be a good comparison to KL. I am in the same boat as you for the most part, and a big factor for me is turning out to be the timezone difference. In KL, you would live a nocturnal lifestyle if you want to be available during Western business hours (9 pm Malaysia is 9 am...

For me, I would want to be a tax-resident there, so I am looking at longer than 3 months. If you're looking to be a tax resident, following are the rules: Tax Residency in Malaysia Each country sets its own rules for tax residency – the most common among them is the physical presence test. In...

Yeah I do see the "Tax exemption on income coastal (offshore income) and funds brought in like FD." So I guess they won't try to go after the expats on mm2h.

According to the new details released today, house purchase is now mandatory. See attached translation. Original doc at...

Right. I am more concerned about my country of residency, Malaysia to be specific. Any active enterprise managed from Malaysia will be considered locally sourced income (technically), even though there is no current enforcement of this. Does a Panama holding company owned by me need to be...

Georgia gives you 360 day visa every time you enter, nothing else needed if you have the right passport. Lots of people just do visa runs, and there are no questions asked. Visa policy of Georgia - Wikipedia

I currently live in Tbilisi Georgia, but I want to move to Malaysia once the new mm2h details are settled. It looks like Malaysia doesn't tax passive, non-remitted foreign income. Any insight will be helpful. Most of my domains are in a specific niche, where I am well connected with other...