Recent content by Cloudbanck

Got more details on this? In what way did you force them to work properly? How would they work non-properly otherwise? Curious to here how freezones operate in general.

I think he means more like Monaco, Brunei or the Gulf States. There are undeniably successful modern monarchies. There are also less successful ones like Eswatini, and de facto monarchies even if they dont formally call themselves that, like North Korea, Togo, Azerbaijan and Equatorial...

Beside the legal aspect, I think it's possible to stay under the radar for many years even in the most aggressive EU countries. Like Peter Taradash has done.

Well, the Beneficial Ownership Information Report takes 15 min to fill in online and is not complicated - doesnt make sense to pay for that. And hasnt Trump removed it anyway? For the annual state filing and state fees: Well, one sets up one's LLC in New Mexico where there is no state filing...

Yeah, exactly.

You'll need an address for your business as well (separate from the registered agent's address) and here you can use a mail forwarding service. And to set this up you'll need a proof of your personal address and a photo id.

If you need a service that is specialised for non-US residents, and helps with all steps, Id suggest: https://globalization.guide/ https://startfleet.io/ Otherwise the cheapest option is to do the separate steps yourself, like filing the articles of association directly with the state, applying...

Yeah, demographics will have a huge impact on real estate. One can already see this in countries that are ahead of the curve in the decline like Japan. There, houses on the countryside are remarkably cheap, and sometimes left abandoned. Tokyo is still holding up pretty well though. I think...

If you just deal with Amazon which clearly isnt a dependent agent of you, and you have no employees, offices, warehouses or other stuff in the US, you are probably not ETBUS and then it doesn't matter that you have Effectively Connected Income. There will be no tax to the US, tax treaties are...

This is hard to answer without knwoing which country's tax net you are trying to leave. But there arent that many aggressive tax countries outside the EEA, so Im guessing Brazil, Australia, or Canada. But yes, for countries with anti tax haven rules, it is a good strategy to first register as...

If you look at places that are growing fast and are obviously going to be much richer in the future, along with real estate appreciation, Id look at South East Asia. Vietnam, Cambodia, and yes Thailand, Indonesia, Philippines and possibly Malaysia. Latam America is stagnant, and so is Europe...

Yeah, but at personal level, it's best to not rely on tax treaties at all, and only be a tax resident in one place (or zero). It's a pain to get tax treaties enforced, and deal with incompetent bureaucrats in two countries.

Sounds like Switzerland -great educational system -top notch health care system (I have spent 5 days at a hospital in Zurich, can confirm) -strong business environment, sure -immigration possible, yeah with money totally possible -can brush up French if needed - yeah but you dont want to live...

Italy Im familiar with, and in order to register as an Italian abroad (AIRE registry) you have to go to the Italian embassy in the country you moved to, and have some sort of proof of residence - not proof of tax residence though. And it's a one off thing, you dont have to keep proving your...

No, Australia hasn't added a requirement that one needs to be tax resident in some country outside Australia to get out of their tax net. Currently Australia has a few tests including the domicile test, which says that one has to have a permanent abode in some country to no longer be an...