Recent content by moneyhoney

I completely disagree with that, and actually, it's not me to say, numbers say a different story: Period - Average Annual Growth All Weather vs S&P500 1973/2021: 9.60% vs 7.89% 1980/2021: 9,60% vs 9,39% 1990/2021: 8,64% vs 8.83% 2000/2021: 7,80% vs 5.77% 2011/2021: 7,55% vs 12,12% (the only...

Gov investment grade are just safer, much safer, in the long term.

Hi, This is my version of the Ray Dalio All Weather, with a focus only on EUR (but obviously largely exposed to USD/US anyway). The China exposure can be avoided, it's personal. The idea behind this is that should work with all the scenarios and the only thing you should do would be, every 6...

Thanks guys for taking the time again. So what I read in the ebook I've attached earlier is simply wrong (full ebook here JFYI: Purchasing A Condo In Thailand As A Foreigner Ebook.pdf). They write on the website to be both experts in real estate and crypto so I would have been interested in...

Thanks for taking the time to reply, I appreciate it. I well understand the process you are suggesting, but what I miss is the "remittance of foreign funds" as I read in the attached ebook. Sounds like the funds cannot be moved and used in a second moment, but must be used directly to pay the...

Super interesting thread guys. I'm willing to convert some USDT/USDC to THB to buy a condo or something (so, not a small deal), and I wanna do it in a super clean way. If someone can advise a contact to discuss the matter, even for paid advice, it'd help a lot. PS. The tricky part, that I...

I really don't understand why someone would do that when you can pay 0 tax and have all the papers in order. As @Sols said: what if the EMIs ask for the accounting papers? And how can you distribute the dividends? In most cases, unless we are talking about change money, your personal bank will...

This is respecting the rules, so why should they fine you? It's a different story saying: f**k it, get the money from your Cyprus company whenever, ignore the fact you are a tax resident, work from here with no work permit or do whatever you want with crypto, no one will ever catch you and even...

"Regarding Thailand. There is a lot of misinformation and nonsense posted." - I mention your introduction cause it suits your post. If you are bringing to Thailand a dividend from abroad for example, you can get it without working (so no work visa needed, all perfectly legit), but living there...

Nothing has changed and I doubt will change unless they apply for a virtual bank license.

I guess you are right, but I don't work with crypto, so I don't know. Anyway to be honest, as far as I saw, banks aren't willing to work with these kind of things. Maybe if you are resident a bit more, operating from offshore it's way too risky and not worthy for them. Ps. Even many accountants...

Avoid Sleek (personal experience). Go for Osome. Besides: SG + TH works, and TH way better than the Philippines. PS. be a tax resident in TH, so pay some taxes. You must reside at least 183 days and move just a bit of money from SG (better an interim dividend). Then you have your tax return...

You have email.

Actually, I don't. But I'll consider anything.

Hi everyone, I'm looking for a banking solution for one-shot operation: I need to receive dividends from a marketing company (liquidated, just need to distribute the last dividend) and I've been having problems with the bank I've used before to bank with it (which is the same bank as the...