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Recent content by iknowwhatyoudid

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    What's the best country in Europe to relocate with lowest possible tax?

    One issue with Switzerland is Wealth Tax, any canton or loophole/strategy to avoid it or reduce it?
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    Best Private Banking Options

    For someone who is also a UAE resident thinking about cashing out, would you recommend opening directly with Citigold IPB UK or opening a saving account with a local branch, deposit $200k and then request access to Citigold IPB UK? By default, I'm reluctant to share detailed information with...
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    Banking for crypto trading

    What do you use now as your main account for crypto trading? If you don't mind me asking. Thanks.
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    Bank account to cash out crypto (medium size amount)

    Thanks, I'll try the exchange+bank option for now, I find it "safer" despite the hassle.
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    Bank account to cash out crypto (medium size amount)

    Any recommendation as in where to find a private buyer? I only know of localbitcoins and paxful to trade P2P. Thanks.
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    Bank account to cash out crypto (medium size amount)

    Thanks, I'll contact SEBA and ask them about their minimum balance/deposit. I'm a resident in the UAE, I don't believe there is any crypto friendly bank here. Thanks, I thought about that option, it gives me less bargaining power, I'll use it as a last resort. Thanks. Source is legitimate and...
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    Bank account to cash out crypto (medium size amount)

    I would like to cash out 50BTCs, which currently is something close to $600k, in order to buy a property. I see crypto friendly banks to cash out big amounts, like Bank Frick, and many banks to cash out smaller amounts, like Fidor, bunq or N26 (I have account with all these already). Somehow I...
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    Personal bank account using 2nd passport from CIB program

    As an example, if you move from country A (where you were tax resident) to country B, and those 2 countries don't have a tax treaty, both could consider you a tax resident. Hopefully we could get back to the original topic, thanks
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    Personal bank account using 2nd passport from CIB program

    I don't think I'm mixing them, when opening a bank account they will want to know your tax residence AND your citizenship, what I'm trying to achieve is to avoid any reporting from the bank to my home country, by CRS (currently I believe they report only to tax residence country, but that could...
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    Personal bank account using 2nd passport from CIB program

    CBI, my apologies for the misspelling, Citizenship by Investment. (hopefully Admin wouldn't mind editing the title to CBI instead of CIB, thanks)
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    Personal bank account using 2nd passport from CIB program

    Thanks, I thought about that possibility, but my opinion is that most countries will eventually join the CRS or suffer isolation and/or sanctions (with the exception, perhaps, of the USA), that's why I thought of a solution that I believe should be safe in the long term.
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    Personal bank account using 2nd passport from CIB program

    This is my first year as a tax resident in a low tax country, I'll cash out some profits from crypto next year (I'm avoiding cashing out the first year on purpose), and I was thinking of adding an extra layer of "protection" against my home country coming after me (I paid all my taxes before...
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    USA banking over Europe

    Could you elaborate or share a link to read more about this? Thanks!
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    Proper Banking for Crypto Cashout Marshall/BVI company. EU Resident

    Several months ago, while doing some research, I contacted a couple of lawyers in Malta specialized in crypto, and after several emails, they were unable to confirm if those profits from cashing out crypto (not trading, just cashing out, just like your case) would be consider capital gains...
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    Country recommendation offshore for company formation

    You are right, after spending several hours reading the forum, I don't see any reason why BVI would be a better option than Belize, or Seychelles. Only reason would be if any of them makes it easier to get a bank account, but I haven't found specifics about this.