Recent content by rudydew

Not sure I can receive Amazon US payments on the EUR Transferwise account, and if I can then withdraw if to the local Panama account in USD, but I am looking into both questions, thanks for the suggestion!

Nothing against the US at all, just not sure I really understand the tax implications and risks. I read about Form 5472 for foreign owned LLCs reporting and it seemed complicated, if I could use only the panama corporation it seems more clean and less complicated to me. Maybe there is another...

You mean transferring directly to a personal account in Panama, and somehow declaring this as foreign dividends? I understand that I need to create and maintain an active business in Panama to get the friendly nation visa? Also I'm not sure that I wouldn't be required to pay US taxes if using...

Hi all , I am looking to move away from europe and in a more tax friendly country. Panama seems like a good destination to me, i like the place, they have no tax on foreign earned income, getting residency is easy, and there is no requirements to stay more than a certain time each year, in...