Recent content by Jmeery1

This is interesting! Do you know of any similar staking reward accrual for BTC or ETH? It seems to me like receiving staking rewards usually means higher taxes as income rather than capital gains

PM would be great, interested to get an idea what would be expected

What would you expect the costs to be ro create substance? Bearing in mind, the substance needs to satisfy HMRC in the UK, more than the Cypriot authorities. This means the directors need to (at the very least, appear to) take or participate in decisions on which investments to make.

Cyprus looks like it could be an option although I'm not sure how long I can trust any EU jurisdiction.

I am looking for the best offshore jurisdiction to hold on to passive shares. My main concern is reducing capital gains tax as much as possible (I'm not worried about dividends or income) since the investments will be high growth technology companies. I will be personally tax resident in the...

Not an expert, but here are some thoughts: 1. Clean capital - does it have to be cash only? Or can it be stocks portfolio, where its total value will be taken into account on the day I become a resident? Cash only. I imagine for stocks listed in the UK or brought into the UK as your assets (ie...

Hi all I'm a non-dom living in Ireland (so only pay tax on income brought to Ireland). There's a good opportunity to buy into a stake in a US operating company (a C-Corp). It would be a big stake (ie more than 20%) Does anyone know the best way to hold shares in a US Company? My main...

For executing the actual large trades, you can setup an account with an OTC broker like Kraken (EUR) or Genesis (USD). In terms of cashing out, if you can open an account with Swissquote Switzerland (not the Swissquote UK arm), you can sell via Kraken then transfer to Swissquote and get a card...

Did that mean you brought so much in that you had a lot of cash doing nothing but sitting in the bank? Or did you have some other way of bringing cash in from overseas as needed, tax free? I'm considering using an interest free loan note from a non-resident company that will pay me back...

Martin, another quick question on this. For the money you remit before moving (ie pre existing capital), once it has been remitted, did you just leave it in cash for living expenses (and only invest money outside the UK) or did you invest the funds that were inside the UK too and pay tax on the...

Thanks Martin, sounds like that is exactly what I need to do - put the assets in my personal name. Appreciate your advice.

Hi. I was wondering if anyone had any experience with running into trouble with CMAC provisions as a non-dom in either of these countries? I am going to be moving to Ireland, but I hold a 100% owned HK company where I make investments. Whilst living in Ireland, from a personal tax perspective...

Be careful with them...The founder of icard also founded Satabank, and we saw what happened there: Satabank’s co-owner was bank’s ‘main client' Icard to be used for small sums only and a good time not a long time!

Yeah. I wouldn't want to be relying on TW for this. You don't want to loss access to them.

Is the account in your name or in the name of Airwallex?