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Recent content by carlc

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    Moving Outside EU, but where?

    Definitly keep the money outside. The Belizian dollar is worthless ouztside of Belize. Pegged 2:1 to USD. A black market exists that trades cash against USD and MXN at lower rates. The local banks do not have USD accounts. There are some "offshore banks" licensed to carry USD accounts within the...
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    Moving Outside EU, but where?

    That's what they say a lot about Belize as well.
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    Moving Outside EU, but where?

    Because it has high criminal rates, very few shopping options and international flights, is underdeveloped and the expatriates are mostly retirees. Ambergris Keys would be an option there if you are ready to check out an island lifestyle.
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    Moving Outside EU, but where?

    Caribbeans: Bahamas, Turks & Caicos Asia: Philippines, Thailand Central America: Belize
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    What Are the Most “Flexible” Countries for Citizenship with Low Tax Systems?

    He is missing out on the fact that you need to pass a Panamanian history test as part of the application. So a strong command of Spanish language is required. Furthermore as part of the application you sign that you renounce your current citizenship(s) as dual / multiple citizenship is not...
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    What’s the best offshore setup for German resident planning eventual relocation, but paying taxes meanwhile?

    The best is obviously to move out right away. It is not getting easier.
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    What’s the best offshore setup for German resident planning eventual relocation, but paying taxes meanwhile?

    What is your current setup? If you have a personal corporation right now (e. g. a GbR) § 17 EsTG does not apply. You could just move out first and than setup a newco abroad.
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    Completing Panamanian Residency

    Regarding the permanent residency: You are not lucky as just some years ago the friendly nation visa was reformed. Before you could establish PR with less than 10k. Now most people who do not receive a pension either put money into a local bank (300k) or buy real estate (200k). Investment...
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    EU citizen preparing to exit

    You might very likely still be considered resident for tax purposes. Check the rulings regarding § 8/9 Abgabenordnung.
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    Completing Panamanian Residency

    Way to passport. Documents are mostly required from within Panama so easier to gather compared to most of the CBI programs.
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    Offshore Company Managed by a Perpetual Traveller

    What about Monaco? That should be easy doable for EU nationals.
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    Cheap company + bank account

    Hello folks, what is the cheapest provider to setup a corporation and a bank account? Regarding the jurisdiction I m flexible as long as it is tax free and does not require filings and accounting.
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    What are some territorial or no tax countries that don't require your physical presence to maintain residency?

    Turks & Caicos Islands. As long as you pay your annual fees you can be a resident and do no need to be present. The country also does not have TINs.
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    Incorporation Advice on Hong Kong, Belize needed

    I did open two bank accounts with a Belizean company. It is not hard but it takes long (at least 2 months in my case) and it involves lot's of compliance not only through the opening process but also when receiving wires. I would not recommend any Belizean banks as half of the industry (2 out of...
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    Closing offshore companies: Seychelles, Belize, Hong Kong

    Thanks guys. That s pretty much what I expected as well.
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