Recent content by menamercenary

Based on the article, it seems like they plan at first to target companies that are running actual businesses and using nominee Thai shareholders. But it does seem like things have gotten a lot more uncomfortable for foreign owners of nice properties. We bought a waterfront place in Thailand a...

1. In the event of my death, I thought DIFC will/RAK ICC shares is a super easy way to distribute shares to my kids without going through US probate and potential estate taxes. 2. I spend time in Europe, so I like the idea of having some separation to the assets in case some country gets the...

I’ve seen a couple of threads warning against setting up RAK ICC companies because it is very hard to get a bank account for them. Does that also apply if the shareholder and director has a local visa and job? My situation: I need an inexpensive holding company which will hold my stocks and...