Recent content by gwenpinay

I've not used Moneybookers for longer than a couple of months and already, I'm regretting it because of the fees I get slapped with. It's not only my MB per se, but the charges my local bank(s) charge for SWIFT transfers appears to be so much more than those made with PayPal. That being said...

This sounds plausible. If a merchant accepts both payment facilities and gives you both options for payouts, you can pay with MB and be paid with PP.

I have briefly explained the difference between residents and citizens in another thread. Additionally, the SSN in the US is often tied with employment. US residents may be entitled to employed in the US. US residents can bank with US banks.

Does the UK allow non-resident bank accounts? The US has recently passed legislation disallowing opening of new non-resident accounts. This is presumably an anti-money laundering/anti-terrorist legislation (probably even anti-scams). I'm just wondering if other countries have followed suit.

You need to understand the difference between residents and citizens (this is the same in every country.) The best document evidencing citizenship is the passport as it is issued by the government its citizens. (Each country have their own laws as to who is entitled to citizenship). US...

This question has already been dealt with in a previous thread and I would like to repeat: Recent US legislation now DISALLOW opening of new non-resident US bank accounts. Beware of any companies offering such services as they are clearly trying to get around existing laws.

I signed up for MB to accommodate a European client. It works just like PayPal - except withdrawal fees are prohibitive. Or at least, the cost to verify my bank account was almost US$15. Paypal cost me only US$1.95 to verify which PP returned as Paypal balance.

The best way is to combine techniques - adwords, adsense, linkbuilding and article marketing. It's basically a keyword game. You have to be 'visible' to your customers by being visible to search engines.

Do a bit of article marketing. Article directories don't usually charge for submissions. Articles are excellent tools for building backlinks to your websites.

The flexibility, accessibility and effectiveness of trusts - whatever type of trusts there may be - depends on how smart your lawyer/banker is. Trusts are commonly known to be "safe" because they are afforded a separate legal entity. But the extent of control and protection your trust ultimately...

You have to know the legal requirements for the specific business you'd like to register. In most cases, in popular offshore destinations like Cyprus, you'd find local firms that help investors handle these requirements. It's a matter of knowing what paperwork needs to be done and getting it done.

Any business can sell to the US market. The only restrictions are those specific to the nature of the business/industry you are in. For example, if you plan to export to the US, you are subject to application Export Laws.

Just an FYI, per recent legislation, the United States now disallows opening of non-resident accounts. There may be ways to get around the rules but I would advise caution against using services that make this sound so easy. To be sure, you'd best get in touch with a US bank directly and make...

The Caribbean is a feasible option. It's widely known to be a tax haven as well. It all depends on what you need, really and the amount of money you're willing to put in. There are plenty of tax-free locations. Just make sure you actually save by locating your business there.

If you take offshore to mean a company not located in your home country, by all means, you can incorporate one in the state of Nevada. However, don't expect not to have any tax liabilities. Companies incorporated under US laws pay taxes in the United States.