Recent content by Meta

I bought property in Turkey and got citizenship. I don't recommend. Most government services are bad and inefficient. Banks are bad, could not find a single semi-reliable lawyer. Registering your address in Turkey makes you a tax resident (worldwide taxation), not registering cuts you off most...

Thanks for the answers! My intentions are simple: get a company with a bank account so I can operate a business. I have "suspicious" password and overall don't fit into a typical profile, so often my experience with banking was long discussions, filling forms, providing documents, more...

There are lots of offers to buy a ready-made shelf companies with a bank account on the Internet. I believe @Clearsky Network is doing this. How does it work? My understanding is the bank would do KYC once again if the authorized person on the bank account changes and may very well close the...

Regarding crypto I'm not sure what are the laws but I can tell you what's happening now. A few years ago there were no withholding taxes for crypto and it was easy to register at local crypto exchanges without any formal ties to country (except a local bank account which would be used for...

I'm using this card now: https://www.apec.org/groups/committee-on-trade-and-investment/business-mobility-group/abtc It's 90 days, but they are not picking up on you after a few of those 90 days stamps in a row. Since I don't spend more than half a year in Thailand it's enough for me. But I have...

Interesting. Care to share a link? I thought the last change was from 1 March 2023: By the way, there was a gentleman here in the forums claiming to be able to get a tax residency certificate based on the first option. So, some connections, no stay requirements, "habitual residence". I would...

UAE maybe? One could get a residence permit quite easily and cheaply, then 3 months per year for tax residency. Visas to Thailand are not a problem. I'm in Thailand now and I spent a good chunk of last ten years here. They are talking about "restrictions", "being strict", "stopping people...

Have you filed anything with Spanish tax authorities since 2013? There is tax on rental income from Airbnb and the rates may be different depending on your residence status. (Also you need a license for Airbnb I think) I have heard a piece of advice I think is valuable. You should file such an...

Gentlemen, there are some economic substance requirements imposed by BVI. "Directed and managed in BVI", "income-generating activities in BVI", "adequate spending" etc. So, not your typical nominee director, but rather something north to $50K/year I would say. As far as I understand those apply...

Yep, it was absolutely terrible.

I have another data point for this. I was doing a transfer from Georgia to UAE. USD. They asked for documents, including some that don't really exist (bill of lading for personal purchase). I said that I can't produce those documents and that the request was strange. The bank answered that they...

That's interesting as I was thinking of moving my personal holdings into a company and was going to ask for advice. Situation is that I have some assets in my name and it becomes inconvenient for two reasons. 1) My personal bank statements start to look like a small business. I guess banks...

Would you just ask Wise? I believe it's one of the cases when they may explain their reasoning and it should not carry any risk to you. Let us know if you do.

Yep, bank B asks me for documents. I can not say "systemically" as it is not for every transfer, it's more like once per bank and I don't have that many accounts. But anecdotically it happened to my friends and certainly happens to me. The last one was a transfer to N26 in Germany, about 100k...

Hey friend. I'm in a similar situation. For what it's worth: I tried to be a natural person with capital gains from crypto and it's a hassle. You find a bank which is okayish with that, you get some papers/legal opinions, but it's a hassle. Every new professional who wants to see SoF is either...