Recent content by panamanomad

Thanks luap, that's great advice. You seem to understand more on this than the Cyprus lawyer I talked to! I figured there must be a catch. The idea forming in my mind is - what's the best EU company to buy through? Could e.g. Estonia be a good option? Surely there must be a better option than...

I want to buy an investment property in Cyprus. Owning additional properties personally is not an option for me, so I must own through a company. Cyprus companies are quite expensive, and time-consuming to set up. Around 1.5k+ EUR to set up, taking around 2 weeks. Then around 2.5k EUR minimum...

@JamesDonkey @KOTF - I'm currently going through the process with my lawyer to transfer it to someone else on the forum (who sent me a message first) - if it doesn't go ahead for whatever reason with him, then I'll post you a message on here so that one of you can have it! Thanks.

@22kay @erni I was told by my lawyer that they'll disolve it for me for $800... but he was strongly hinting that many people do just leave it and eventually it gets struck off. It seemed like there might be some risk there though that at some point the company registry or whoever might try and...

I have a Panama corporation, transferred from a friend to me, just for the purposes of gaining the Friendly Nations Visa. I'm now a permanent resident, and so no longer need the corporation. The corporation doesn't have a bank account, and has no trading activity, but has had its registration...

I have a Panama corporation, transferred from a friend to me, just for the purposes of gaining the Friendly Nations Visa. I'm now a permanent resident, and so no longer need the corporation. The corporation doesn't have a bank account, and has no trading activity, but has had its registration...