Recent content by calnana

Closing fzco -> yes. Leaving dubai -> no. The annoying thing for me is not the 9%, it's having to deal with corporate tax itself in a time of uncertainty. I'm not taking the risk of f***ing something up, at least not until I see 1-2 cycles. I'd rather golden visa up and chill, for my situation...

Something we were all expecting, crypto crs incoming: OECD presents new transparency framework for crypto-assets to G20 - OECD

The begining of a horror story right there. Gtfo of spain my friend.

My friend, what politicians say and what banks actually do are two very different things. Especially in small countries where local banks have to appease much larger correspondent banks.

Did you have any discussions regarding trading your own personal funds with regulators? Is that a regulated activity?

If you can’t get an actual profession listed on your golden visa, and not just “investor”, then it’s not worth it imho. If you get a golden visa with “manager” “programmer” or w/e then go for it.

You are acting like we're suggesting that the earth is flat... We are just pointing out that it may be the case that individuals trading their own funds will be deemed as owing CT. Is this certain? No. Can this be incorrect? Yes, and I personally hope it is. I hope that my suspicions are wrong...

Come on, guest workers aren't who we're talking about, although in the current market I'm sure a lot of crypto ppl are about to make the switch :) Back on topic now for me.

Guy, friend, buddy… who’s in dubai for $100k a year? :) If that’s just from ur company to get visa fair enough, otherwise i hope crypto ppl aren’t moving to the desert on 100k a year.

This is precisely my worry. As soon as the new crypto regs came out and indicated that individuals might need to register with the va authority or get a permit, my mind instantly went to -> they want to bend over crypto traders and administer CT. Obviously this might not happen, or there might...

and this is why you don't do any shady bs that a lot of them suggest.

This is one of the views that some of us subscribed to a few weeks/months ago. They make crypto activities require a license or a permit (registration with the virtual assets regulatory authority) then slap everyone with CT. Still not clear if this will be the case for individuals, but .... I...

Bunq never complained about deposits from ftx. You will be asked for source of funds at some point, tax is just an easy way to tick this box.

bunq. Some people here have problems with them. Imho, if you can prove you're paying your taxes you shouldn't have any problems.

I’ve been mulling getting an hsbc expat (jersey) account. It seems straight forward (famous last words…) if you already have a premier account in the uae.