Recent content by Hespenn

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 think about the full spectrum of options. Indeed the argument with the possibility of high follow up lawyer costs is draining my motivation to keep the...

I feel you are trying to warn me about something... Could you help me and explain under what theoretical circumstances global taxation would harm my setup? I understand double treaty taxation and the necessity of exchange of information with Panama and my country of citizenship. I need to prove...

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 spend much money on high priced tax attorneys to make something so simple. Would be a Wyoming or Delaware LLC better in sight of accounting requirements for...

Misunderstanding. I only like to know how this in future generated stream of income can be proper accounted for me. What LLC or other company fits best for lifestyle coaching and selling digital goods? Do I even need one? What is cost effective and comes with the smallest effort possible?

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 country of citizenship. All other ties are cut. I declared my new residency to my citizenship country. Now it's time to look for new streams of income. It could be...