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Hespenn's latest activity
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HHespenn replied to the thread need advice Panama residency and future crypto earnings️.I appreciate it very much that you took your time to explain it to me. Very generous. Thanks to you and few other posting people, I can...
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HHespenn reacted to JustAnotherNomad's post in the thread need advice Panama residency and future crypto earnings️ with
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Like @daniels27 said, you pay at least personal income tax on the rent you receive. Most countries want to know your global income in... -
HHespenn replied to the thread need advice Panama residency and future crypto earnings️.I feel you are trying to warn me about something... Could you help me and explain under what theoretical circumstances global taxation...
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HHespenn reacted to daniels27's post in the thread need advice Panama residency and future crypto earnings️ with Like.
How about a US LLC? Cheap and easy and only a bit dirty.
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HHespenn reacted to JustAnotherNomad's post in the thread need advice Panama residency and future crypto earnings️ with Like.
US LLC is probably the simplest option. Be aware that Panama is blacklisted in some countries, but this is probably only relevant if you...
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HHespenn reacted to sknomad's post in the thread need advice Panama residency and future crypto earnings️ with Like.
As long as you keep ownership of the property which can be used for living, even rented out, it is prossible that you are a tax resident...
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HHespenn reacted to sknomad's post in the thread need advice Panama residency and future crypto earnings️ with Like.
He wrote high tax EU country. It will be some country of a west or north part of the EU. It can be Germany, France, Spain, Italy...
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HHespenn reacted to daniels27's post in the thread need advice Panama residency and future crypto earnings️ with Like.
No, you sell it and are free. How should this transfer work anyway? In most places mentioned, you need an notary for the sale and he...
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HHespenn reacted to sknomad's post in the thread need advice Panama residency and future crypto earnings️ with Like.
Sure. And if there is not such relative, it can make sense to transfer property to a company owned by a foreign entity without UBO.
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HHespenn replied to the thread need advice Panama residency and future crypto earnings️.I file proper tax returns. That's why I came here to ask for the best set up. I won't earn much, but want to make it right and will not...
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HHespenn reacted to JustAnotherNomad's post in the thread need advice Panama residency and future crypto earnings️ with Like.
Really depends on the country. Many countries don't consider it a tie if it's rented out long term, so you don't have access (not only...
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HHespenn replied to the thread need advice Panama residency and future crypto earnings️.Misunderstanding. I only like to know how this in future generated stream of income can be proper accounted for me. What LLC or other...
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HHespenn posted the thread need advice Panama residency and future crypto earnings️ in Tax, Accounting, Licensing & Legal.I am a digital nomad and obtained permanent residency in Panama. Citizenship is from high tax EU country. I rent out a house in the...