Recent content by Eldubb

Turkey is my tax residency. It's like the wild west here with tens of thousands of foreigners working who don't even bother to pay tax. I agree with this which is why I'm considering it because i don't believe Turkey taxman will bother asking about who the owner of the company is. I'm sure they...

I will be setting up a US LLC in Wyoming and I want my tax residency country to see that i am only an employee of this company. Is this possible? As far as i understand the Wyoming members are not public knowledge. If the country i reside in asks for proof, is there a document I can show from...

I assumed with Swissquote i needed to trade a little? I dont. Also they won't send cards to Turkey, and i don't want them closing my account when they see im making transactions there constantly. Same with Revolut and Wise. Sols mentioned credit checks. How did you pass those? (if you're not...

Is it possible to apply for and receive a personal credit card (like Amex) by using a register agents address that i receive when setting up a US LLC (Wyoming)? I would be using Mercury bank for the business so would not have a bank setup that offers credit cards for personal use. Are there...

As far as im aware, it must go into a foreign bank account. That's what my accountant told me.

Oh that's brilliant. So because I'm not required to pay tax, i can choose the amount i want to be taxed? How do i decide/find out the percentage i should tax on the portion of my income?

I work remotely in Turkey for 1 customer in the USA. I would like to setup a US LLC to receive payment for my services from them so that I have access to US Banking services / debit cards. I believe this means I am not taxed at all when setup as a pass through. The thing is, I do want to pay a...

Can I ask you a question i don't quite understand the answer to.. If i'm an Australian and I sign up with an EMI pretending be a tax resident back home in Australia so i can have the debit card sent to a home address and then forwarded to me, what happens with reporting? For example, I'm...

Should i reach out to your email address?

Great but it looks like Bankera only supports receiving funds via SEPA. I don't have an EMI account that does that. I'd like to send SWIFT transfers from Zenus bank. I have debit cards in Turkey but they don't provide credit cards to foreigners. I don't want to use the debit cards in Turkey so...

I've been reading through the forums but it seems the normally recommended cards from places like Swissquote don't allow accounts from Turkey or don't send cards to Turkey (like Wise, Revolut). Even Zenus bank won't send a debit card to Turkey. Is there any place that will send a card so i can...

We will need to first wait and see if the Tax Amnesty Rule is renewed as it ended on March-31. In the past it was renewed every couple of years so many presume it will again but we'll have to watch for the ruling.

Yes I read through the same thing but thought it might be a slightly different law provision. On an new update, I just had a extremely fruitful conversation with someone who's been using the Tax Amnesty or "Varlik Barisi" in Turkish. I never knew Turkey was such a tax haven! Now that i know...

Someone posted a while ago about the Turkish Tax Amnesty and how Turkey is actually almost a tax haven with this amnesty law. The thread is old and I'm not able to reach out to the person but maybe someone else here knows more about this? From what I know, Turkey will allow you to bring money...

Well you can stick your head in the sand as long as you want. As with all EMI's, they don't do blanket bans or freeze accounts in waves. People get flagged and that's when it happens.