Recent content by Markus92

Open LLC in USA. Move from India at the end of this year. Don't spend more than 59 days in India in 2026-2030. You are tax free from 2026.

Can bank accounts of LLC and my private US bank account be reported under Facta to Thailand if I am Thai resident?

In theory they can ask you about certificate of tax residence but chances that they ask is near zero. If you don't have US source of income they don't care.

If you don't have US source income you don't pay tax in USA. IRS doesn't care if you pay taxes in your country. But in legal way you should pay personal income tax in your country if they recognize LLC as partnership. If your country recognizes LLC as corporation you should pay corporate tax and...

The biggest minus is the lack of lady boys. Except this it is ok :D

I am single and it is ok for me. Malaysia is a Muslim country but I don't feel it. I can spend more than half year in Gergetown or KL and less than half year in Phuket. Better Malaysia than Europe :)

Malaysia is a very good country to stay. After Thailand it is my second choice in Asia. Many people like this country.

https://theedgemalaysia.com/node/730798 Malaysia tax free until end of 2036. 10 years more :)

The safest option after changing law is an offshore limited company. If somebody has a limited company with manager he won't be taxed. Only dividend will be taxed. Problem can be with US LLC because Thailand probably recognizes this type of company as partnership so income can be taxed.

They should make this 5 years visa and add privallage to Elite Visa: foreign income tax exemption. People who don't want pay taxes and don't fulfill requirements to obtain LTR Visa buy Elite Card. Normal people who want to stay in Thailand get digital nomad visa and pay taxes or ..... hide income.

Not new. I spend approx 6 months per year in Thailand with visa runs. Many times I visited immigration office to extend visa. I have never had too much troubles to extend. Few hours lost. If they make 5 years visa 180 days each entry I will take it in first day because I am scared that they will...

One pros is that Thailand is going to get 5 years visa for digital nomads: Thailand Multiple Entry Visa for Digital Nomads: 5-Year Visa 180 days per entry. Good that I didn't buy Elite Card. I feel sorry for the people who bought it a year ago. They ended with long tourist visa and with tax on...

So Philippines without CRS rules and foreign tax income. On tourist visa you can live .... 3 years. The cheapest solution.

If you take all money as director salary the company won't have profit so no corporation tax if Italy wants to apply CFC and permanent establishment rules.

I see that you have knowledge about taxes. What do you think about my Italian solution? Should it work?