Recent content by GC12

If you have the patience, email every legal service provider you can find on Google and ask for a quote. for Hong Kong, they range from $200 to $10.000. The $200 worked fine. Not the most professional provider but nine months later, I was out. my company secretary asked for $3000. I don’t know...

Well, I do not want to live in Romania. I am concerned of two aspects: 1. That setting a second residency is too complex and difficult for me, which was proven false. 2. That I still need to renew my passport from time to time. Technically the only time when I’m actually there is for a new...

I guess the question is what you do when you don’t have the required documents / or one doesn’t want to share.

For transfer wise, mid five figure per transfer / top up or per year?

I've just received my Revolut card. I've ordered the metal card and it's sexy but it is any good? I heard they trigger "source of income" checks extremely easy so I'm thinking of keeping it a bit and then canceling it. From these four services, which do you consider to be the safest (as in not...

@ Giving up on citizenship - Well, until I marry or buy another citizenship, that may be too extreme. @ Solution. I agree. I know what to do. I'll have a tax lawyer advise me on how to do this properly but it seems my liability is far smaller than I thought. @ Nomad, thank you. I wasn't aware...

Okay... but I haven't been traveling since I've finished high-school. I've been traveling only 4 out of 10 years. The other six years are income generating without declaring. I mean, they can check that, can't they? It's not hard to check if one person was inside a country or not. So for the...

Romania, and here are more words to have a minimum of 50 chars.

@ It’s very likely they see me as a tax resident because to change my tax residency, I actually had to make a request. I’ve never made this request. But it’s also that I’m kind in a limbo. For example, I’m unemployed technically but I never took social help. Health insurance is not paid but I am...

@speedster - but not the entire time. Since I started income, I’ve been maybe 50% of the time out. Since the beginning of 2016, I haven’t spent more than 30 days in the country. @ WowNull, I think the limit at customs is $26.000 for UAE. I just checked online. @ Vohogis - This is the part...

I have a question... From 1 to 10, how stupid it would be to go back to my home country, open a sole trader / company or simply file my Income taxes? Won’t it trigger any red flags for the... decade I haven’t?

@ Opening a company. The reason I want to open a company is because I want to branch out, sell products online and that’s a bit harder to do as an individual. But yes, I do see your point, until I’m ready to do that, I can pay taxes as a private person. I guess it’s taxable as my income tax...

Okay... I guess it could actually be that simple and I’m overthinking this. I swear, I have this habit of taking a simple thing and making it ten times more complex. So, I could just move let’s say to... Spain and open a company there right away? I can use EMIs until I get a proper account...

It’s one of those very strict countries. The thing is that I don’t have any money in the accounts of my home country. I have like $10 on an account I haven’t used for years. Nor assets. Regarding Estonia, yes, I was thinking opening a company there. Seems attractive. However, after TRYING...

So: 1. move to a low tax country. 2. Gain residency. 3. Open a company. 4. Have paper trail. fair enough. What do you think of Estonia? E-citizen and all? I am not sure how can one gain residency without a job though. I have spent half a year in Malaysia on tourist visas.