Recent content by Radko

If this is going to take 3+ years, the Receiver is going to make a lot of money and we are going to lose a lot of money, a lot! We can see on the liquidation statements published by the Receiver that he is in control of 110 million, but 29 million remain to be collected from Novo Bank in...

Wigberto Lugo Mender, bankruptcy lawyer, Puerto Rico. EPB was not FDIC, had it been FDIC this would have never happened. The mistake was believing that a full-reserve Bank was the safest option, but it turns out that EPB wasn't doing things properly, they were not complying with the...

You would think that given the amount of money that he is charging and spending every single quarter, he would at least send us an update once a month, but unfortunately he doesn't care, even if it's our money and we are the ones paying the consequences, he still doesn't care. Those customers...

You can contact James Baker, he is in Florida, CPA. He will form the LLC and he will take care of all the forms, and if I were you I would pay him to take care of all the reporting so you don't end up facing a fine from the IRS. James will also open the account for you if you want to, you can...

It better to seek the help of a CPA that will help you based on your needs, as well as with all the forms.

If one day the Thai tax authorities have a way to check if you're indeed working from home and they start asking everyone to start paying taxes, I'm sure a lotttt of Expats and digital nomads will leave the country.

I know a few people that have a single member LLC (SMLLC) and they live permanently in Thailand, they've never been asked to pay taxes in Thailand as no one is checking if you're working for your SMLLC from Thailand, especially if you're working from home. Although technically you are working...

I have a Spanish passport, I have moved out of Spain several times, once I told the tax authorities that I was leaving the country, they never asked me where I was planning to move to, and if I was going to pay taxes in any other country. I just left and for example, when I was living in Dubai...

Just to clarify... U.S. banks, under FATCA, only report to your country of residency (not to the country of your nationality). And they only report if you earn more than $10 in interest. It's better to check the double tax treaty between your country of residency and the U.S. They do not...

Not much of a surprise...

I'm using Silver Bullion in Singapore.

I was pretty sure that 3rd party wires were possible, but that's good to know. My EU bank always chargers me for incoming USD wires. Thanks!

I haven't received any 3rd party wires up to now, so I don't know, but I don't see why I couldn't. I don't think Interactive Brokers gives you a checking account, just a brokerage account, maybe that is why they don't accept 3rd party wires. But any U.S. bank will allow you to receive 3rd party...

I also have a very old account with Chase that I rarely use. Chase is more complicated and their customer service could improve, and their website is somewhat limited. I use Schwab constantly, if I have a question I call them and they answer the phone. I'm very happy. That is correct. You form...

Yes I did everything remotely, but I used a CPA in Florida. He takes care of all the forms. No problem for large transactions whatsoever, Charles Schwab has a lot of clients with a lot of money. Their website is excellent. Once you have the account opened, you'll get a regular checking...