Recent content by PassinBy

On current polling they'd win a large majority. https://www.independent.co.uk/voices/rachel-reeves-spending-review-wes-streeting-nhs-b2770096.html

I think the important thing they want to see is that you've genuinely made a home outside of Russia. If you're posted to Ethiopian that doesn't really make it your base. If you have a home address in UAE or Singapore (or some other hub) with a residency card, that should remove that concern. I...

They arrest a lot of people. But there's very few convictions. The police are just harassing the general population. Which legally they're sort of required to do (not that they don't enjoy it...), but they can't then actually prosecute, let alone convict, almost any of those people...

Buy a hardware crypto wallet and put the backup in a safe place. Even just bury it in a glass jar. https://trezor.io/trezor-model-one-backup-bundle-black

That all seems to be for multinational companies. Although I'm running it through Google Translate to understand so my interpretation is likely very poor But, yeah, like everyone's saying, OP should just move somewhere cheap and low tax, and worry about structures once he's past 200k! (Or just...

> Russia is already the largest country in the world. It has an incredibly diverse population, with vast regions that are difficult to govern. Why would they want to take on tiny, economically insignificant "countries" that would bring no strategic or economic benefit? But you could have said...

As a single person establishment? That seems insane. How would they separate the company's value from its owner?

Generally, what you are looking for is to be tax resident of a country that has a Double Taxation Agreement with the country you are trying to escape. The treaty will mean that you can only be tax resident in one of the two countries at a time, and the purpose of the tax residency in low tax...

Georgia will disallow time outside the country if it's for business, leisure, or health treatment. I don't know how you're supposed to evidence that, or how flexible they are with it.

Do you need the US LLC? You could be a freelancer in UAE (admittedly you'd still need to pay small taxes), or an Individual Entrepreneur in Georgia with 1% taxes (if you meet the criteria). Wouldn't work if the US LLC is doing something material in US, but then the P/E rules wouldn't be a...

> It is still working well. Why would you consider it? Fees are high for SWIFT. Wine, beautiful women, the food. All the usual heart attack risk factors :) > And check this Interesting. I wonder where @permabear found their correspondent banks.

What is the current state of international banking in Georgia in 2025? It appeals as a base, but I would need to be able to get paid from abroad (mostly boring countries) and occasionally pay people.

Wouldn't that be insurrection if it was the other way around?

Portuguese Social Security is capped for self employed

> you pay a certain amount of taxes, and they become clean. That seems... potentially problematic :oops: