Recent content by Jackx3

I use Remitly often. $ arrive in Panama same day. This morning $ arrived within two hours. I am not sending to Panama from US, but the country I am sending from is equally a tight a*s, communist, nanny state, inteferring place.

Thx daniels27

Hi Everyone, has anyone utilised the services of of one of the sponsors here - Offshore Bank Accounts, Gediminas Butkus ? Just looking for some feedback. Thx in advance.

It is a "gotcha" situation. UK has CFC and anti-evasion rules. Data matching against industry norms will expose artificial profit shifting, excessive expenses, etc...... These days you really only have two levers: residency and citizenship.

Yes its true. The process is at the very beginning. Government recently introduced Digital ID Bill ( https://www.digitalidentity.gov.au/digital-id-bill ) Unlike the Chinese, the AU Govt cannot just mandate it as there will be a backlash, so they are pursuing the "It is voluntary" strategy...

Interesting. But would rather a Wyoming Statutory Foundation than a Trust. Something to explore & report back.

So is the answer to the original question "Where to live in Italy with family? Flat tax regime", nowhere? Take the tax deal, minimise your stay in Italy. Find a better (coherent) place to live.

Good question actually and often overlooked. As with most things the answer is yes but. The residency requirement for obtaining a U.S. driver's license is different in each State. Best to look up the Dept of Motor Vehicles in the State in which you wish to reside to see what their process is...

E2 visa does not lead to citizenship. The E-2 visa is a non-immigration visa, meaning it is temporary and does not lead to permanent residency or citizenship. You can be on an E2 Visa and live in the US for years as long as you meet the obligations of the Visa. The EB5 Visa is an immigration...

"best places" is subjective. Depends on your specific wants & needs. You will find plenty of exploratory discussions/debates in this forum.

Hi Fred could you pm me. Thx.

Bulgaria. Non-residents are taxed on their income from Bulgarian sources only. Corporate tax is 10% as is their personal tax. Dividend WHT: 5%. Interest & Royalty WHT: 10% Annual returns based on self-assessment . Tax audit each 4 to 5 years.

Thats right. Same applies to other tax agreements with the US. I only mention it b/c some clients have come to me thinking that b/c LLC can be registered "anonymously" in New Mexico, or additional anonymity can be secured by double stacking LLC's ( Florida-New Mexico ) that they were...

Regarding EIN, if you are non a US citizen you obtain it via phone call. Regarding privacy, if your home country has an TIEA with US, expect that your income details will be sent to your home country.

Interesting analysis and debate. Just thinking about some other consequences of this change. Given a couple of the freezone have their own judicial system, If you had a tax "issue" would it be dealt with under Sharia law or the prevailing freezone legal system?