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Recent content by GlowAndFlow

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    Important! Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold

    To me its a bit too expensive. I dont doubt that it has a good repository of service providers and articles when you need that. But then it becomes more of a one time or occasional need. Id happily pay 100 for a year, i.e. the silver membership but that provides no tangible benefit. I feel that...
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    Taking out a loan and leaving the country

    I thin he was replying to the OP. About your friend I mean for 8 k Euro, sure, youre right. Though if she had a job there I dont know why they didnt force a payment plan. The fact that the bank "settles for 800" is even weirded lol. But I believe you, weirder things have happened happen...
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    Taking out a loan and leaving the country

    I remember when I was lik 15 years old and my locked moped was stolen in the city square 1 block from the main police station, with a live camera feed right above it. First major thing I had bought for my own money. They wouldn´t even look at the camera. it was major case for me haha, broke...
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    Question Revolut alternative recommendation? (Greece self-employed)

    Ah thats crazy that these services have debit cards. I might use it then. but its also risky as again the working group plans to "plug the hole" as per above so one would have to keep updated on laws. What EMI are you thinking about to replace it with?
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    Taking out a loan and leaving the country

    I get that, but it just doesnt make sense to me that if they somehow do manage to sue you, the courts don´t order you to pay it back. I get that they couldn´t say take your assets easily but that the judgemnt is for only the court costs doesnt make sense to me :O Pretty interesting though. Was...
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    What’s the advantage of a 2nd citizenship for Belgian citizens?

    Its average. Not good at all but some EU countries have government controlled bailiff organizations and court systems that proceed regardless if you have been officially served or not, as long as you you ve goten an adress. People have had their credit scores destroyed and assets seized over...
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    What’s the advantage of a 2nd citizenship for Belgian citizens?

    Belgium has in normal cases 0% capital gains tax (only EU country I think), a strong passport for travel, strong welfare. I would say you benefit very little unless you fear or plan to do something that angers the government or its overlord the EU, or if the Germs invade, indeed lol. Maybe for...
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    Foundation talk

    I had the impression that the very wealthy were somehow effectively tax-free banking from these tax havens, especially prior to various automated sharing agreements came in place (but also now as well?) and I can´t really figure out how that was done, even in theory. Maybe I just misunderstood...
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    Taking out a loan and leaving the country

    That second story is crazy! Especially since the UAE are so harsh on other "transgressions". I understand that if you flee the country, pay for a surgery for yourself or someone else and then dont pay the bank that you probably can get away from it being a criminal fraud, but why would the...
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    Some exciting updates to the forum!

    Hi! Love the forum. Thanks for maintaining it nicely. A suggestion though maybe more of a question as it probably has come up before: Why not a forum for investing? More traditional that is; shares, bonds, what not.
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    Question Revolut alternative recommendation? (Greece self-employed)

    Acc to this document DAC2 which "extended the scope of the mandatory automatic exchange of information to information on financial accounts." does not cover "electronic money institutions" as it is the working groups suggestion that it SHOULD do so in the future: "4.2: Under DAC2: Include FIs...
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    How to book hotel with bitcoin without hotel know that I pay with bitcoin ? (With out using gift card)

    How do you become a target if the hotel knows you payed a room with currency that somehow at some point may have come from a cryptotransaction? Im not in any way making fun of you. Im genuinely curious.
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    How Living in the Third World Can Change Your Life into Better

    Having travelled a bit around the world and worked in a few places I'd say its a bit complicated. For example, living in Romania and "competing" for the "skilled labour market" is a bit silly, they have enough skilled people and they naturally go to other EU countries were higher wages and other...
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    Foundation talk

    This thread made me find the forum :) So I thought Id share what I now about the procedure in the Cayman Islands for an alternative structure known as Foundation Company. In the CI to the best of my understanding the founder and the director of a foundation company can be the same person as in...