Just had a call with a company who helps set up Panama entities, was recommend to me by someone I trust so think it's a solid option.
I would offramp crypto, the process is 100% remote and includes:
- Creating a company in Panama, 7 days
- Opening a company bank account, 30 days
- Opening a...
I am in a similar situation.
Later today I have a call with a company specialising in Panama banking/residencies. You can set up a company remotely and pay 5% taxes.
Residency not required but can be added for not that much money.
Will report back if anyone is interested.
Just offramp with Buy, sell & exchange cryptocurrencies, made in Switzerland to any bank account.
No KYC required until certain amounts. 0% if using EUROe.
For txs from exchanges or in general?
So far I received money from my other bank account and from Mt Peterlin, which is a crypto offramp. No questions asked.
I also once talked to their support and specifically asked about crypto exchanges and the guy replied they have no issue with it.
Back...
People in the Balkan's are pretty good, maybe first try Serbia. Also ton of staffing agencies there.
From my experience they offer a very good cost/reliability ratio.
When I landed here it was by pure coincidence... But supposedly banks here have relatively big reserves (10%+) and there were no issues that I'd recal (except 1 smaller bank).
Residency is not easy but they are working on some nomad visas.
And as any Balkan country, rules a loosely defined and...
Would you mind giving your opinion on my status?
EU resident but tax exempt. Resident (tax as well) in Balkan country not reporting financial data. I have local bank accounts and Bankera, moving around crypto and IBKR.
I use bank account just to move funds from a to b.
Do I even need a bank...
From what I saw a bigger chunk of Indian brains are staying or returning home, forming start ups etc. It is a trend that will continue.
But all those EM's (including China and Russia) are still a good chunk behind the West - not to say they cannot do some (economic) damage.
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