Recent content by churumbelo

That's because you have not researched enough. I know cases where that happens in your situation too. It is less likely, but still happens and there is a risk. They call them (now) "inquiokupas" (inquilino + okupa = tenant + squatter). But I agree that the safest is to rent separate rooms to...

I did not know that. It would make sense that a partner should have >0%. I think I read some time ago something similar for a UK LLP, a partner with 0%. But I can't really remember now.

How the LTD could be a partner if it owns 0%?

Who will want to go to the hassle of getting that visa when you can stay in PH on a tourist visa up to 3 years? Then you can leave the country for one day, and you get another 3 years.

It seems it is only for VAT, but not for annual accounts?

Could a UK holding -I guess you might mean an LTD - be used to hold investments such as stocks and ETFs? Like an IBKR account for instance, and have all of those benefits (maybe no capital gains too)? If so, are there any risks or downsides?

I cannot get anyone on the chat either, only the stupid AI assistant. I will try later. Thanks!

Maybe. If they have such a problematic/buggy onboarding process, where I opened the account but now I have all of those issues, yes, I might just discard it. I will try to get ahold of some customer representative first if I can.

I do not know. I could only open a brokerage account. And the website and process is messy. After opening the account I need to fill in the W-8 Ben, but when I was going to fill it I got an error on the website and I was logged out. I logged in again and I tried to fill it, but it does not let...

Good! I might apply tomorrow. I did not open it before because they don't provide a checking account (it is only for US residents) and I use mainly IBKR as a broker. But not that they do not require a minimum amount, I will give it a try.

No minimum amount required? I thought the minimum deposit was 15k or 25k.

In my case, it’s under my name, but people from certain nationalities (Portuguese for instance) may have compound names and multiple surnames. So mine isn’t registered exactly as it appears on my bank accounts, and I need to go sort it out. It could be something like the order is not the same.

Yes, a friend of mine got the same message. Also, be careful, if the name your phone number is registered under doesn’t exactly match the name on your bank account, they will close your accounts. You need to sort it out before April 30th.

No idea if they have. I know someone who got it, but I did not ask him about it. I just mentioned the requisites that I know for sure. I do not know if there are more.

I do not think, maybe I am mistaken, there is such a thing as a residence permit in TH. There are different type of visas that allows you to stay for XYZ time in Thailand, and then there is also a work permit. The permanent residency, after been working in the country and paying taxes for 3+...