It seems that Ukraine has done something similar and introduced a Cuban style fixed exchange rate for dollars while the black market rate is different
What the real rate is on the ground, does anybody know? Very little information is coming out
If you want offshore with colder weather, close to home, consider Jersey or Isle of Man. Also- Ireland is an option- you should be able to get into their non-dom regime which works the same as in the UK
Also you can't really move assets like stocks/etf's into any company without selling them...
The advantage is that they ask for fewer documents and they're fast
The Caribbean programs ask for crazy documents like your elementary school records, an HIV test, and a lot more
$5000 or $20k a month is chump change for Dubai, you will have no problems
Better do avoid Revolut.
SQ is good if you want to use the funds to buy stocks/ETFs etc. Be prepared for intense due diligence on source of funds. They don't want to be used as an exchange.
Nonsense. Turkey is in dire need of foreign capital and as such, they are happy to bring in sweet sweet foreign money.
Whatever the OP is doing that might draw attention, I promise you there are much sketchier people coming into Turkey with questionable money. Literally there are people from...
There is no risk with CBI in Turkey, there are no checks on anything besides if you are on some Interpol wanted list haha. You can easily cash out there with really no questions asked, walk into the bank with a fat sack of cash mid-6 figures, deposit it like nothing, not a single question asked...
I think it would be better for him to manage the company and send you your money through a zero-tax Caribbean company... This way you can keep Stripe, banking, all of that, and the payments to you would be tax deductible for him
A broker in a non-CRS country should work now but probably not for much longer. Best is to get a second residence in a zero tax country (like Dubai) and park it in a broker there who views you as a resident of that country
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