Recent content by sriracha

What is an easy to open, non-Euro personal bank account? Possibly online account.

I think this will be the start of capital controls in the Eurozone: Now my question is: let's say I am a resident of Germany, and I have a bank account in a NON-Euro country, in the local currency (let's say Georgia, or Armenia, or Egypt, or Switzerland) registered to my address in Berlin...

Advisors gotta make money...

My friend Wilhelm has investments in the stock market. He is from Germany, but lives now in Estonia and is a fiscal resident of Estonia. Wilhelm plans on cashing out on his stocks in about 5 years, and for that he would like to move to Singapore or similar country, just for the time to cash out...

To what extent buying real estate in Europe (European Union) is liable to produce a request for SOF? If so, when the request would come (before/after) purchase and from whom (bank/police/other government agency)? What would that entail? Proving that money comes from a legitimate source or also...

In the event of overstaying the 183 days that make one a fiscal resident of most countries, and not making the obvious mistakes (getting a tax id, buying a car, having a child, sending children to school, buying real estate, get arrested several times...), and conducting a low-profile life...

Being from the US would make it harder?

Thanks, fantastic answer. What would be jurisdictions that would be problematic about that setup (director + employee)? I am imagining places with super aggressive tax offices like Greece.

I am seeing a ton of companies in the crypto space opening up in Zug, which has favorable taxation. The setup is such that the company is incorporated in Zug, the owners are in US/EU, the employees are scattered around the world working remotely and the customers are from anywhere. Problem is...

When did this forum turn communist?

the message above

I suppose you want the practical reasons that make this system work today, and that is transforming whole countries into obedient tax farms so that the elites can implement their ideas of how the world should be (check Yuval Noah Harari for reference). The "people" in the "music" video were put...

You're not missing much. What they do, many other EMIs do. I had an account with Wise for years, but it became more and more difficult to do transactions with them to the point of dreading having them coming through Wise. I recently understood why. The general public discovered them as a way...

Thanks! So the plan would be to travel there for a couple of weeks, pick a bank/branch, open an account and wait for the debit card to be delivered ?

I need a bank outside of EU