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Recent content by armag

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    Portugal D7 visa via forming LLC or LLC+Trust and paying self dividends

    I'm a citizen/resident of a North African country, working as an independent contractor for a software company in Canada. I get paid directly to my bank account in my country. I make enough for the D7 visa (about twice the minimum), but my income is classified as freelance income, thus requiring...
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    Complicated setup for two offshore companies of different activites but one funds the other

    I don't need two companies really, my thinking was just to make it easier to file and deal with taxes, and keep liability separate. Even if the LLC is generating revenue from US clients? That's my reason for separation basically, since I'm not required to file for taxes for the consulting gig I...
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    Complicated setup for two offshore companies of different activites but one funds the other

    Thanks for the reply. I don't believe there's any risk of the home country finding out nor enforcing anything related to any country outside. Also, they have a double-taxation treaty with the US if that's any relevant. Also, regarding banking, how would it look like moving funds between...
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    Complicated setup for two offshore companies of different activites but one funds the other

    Let's say you're a citizen and (tax) resident of some /removed/ country. You work remotely as a software consultant (independent contractor) for a Canadian company and receive your compenstation (less than $20k USD annually) from /removed/ to your home country (which has 30%+ taxes) on your own...