Recent content by timelord

Can you give example for "from another planet"? I tried to look for setups of top 10 richest but dont get much. I think they all have family offices (handpick team, not with a company providing services) but I dont know much beyond this. Of course I dont expect to simply find this as this...

Tangential question: do we know how the world top billionaires strategy on asset protection (dont think that Bill Gates or Warren Buffet does not own their asset and uses trusts)? how about strategies for people from $1m, $10m, $100m?

What you explained makes total sense and basically the same idea as the borrowing/lending strategy. However, you are able to print/borrow $1m at zero collateral to engineer a loss that will be cancelled with the $1m gain. Actual lending would be probably allow $0.5m and you need to manage the...

Warning i still dont know if this is bulls**t but you can check youtube or this book Becoming Your Own Banker: Unlock the Infinite Banking Concept

Do you have additional resources on this? I tried searching this forum and although I have some threads and posts, I dont get much comprehensive coverage. Googling dont help also - or I use the wrong term -as I think this is some guarded secrets. I am trying to compare borrowing strategies with...

I dont know if this is the right forum to ask this question (mod please move the post if needed). I keep seeing that lending is a tool that the super-rich uses to avoid paying taxes. This could get as extreme as infinite banking if I am not wrong. Could someone explain if this is still relevant...

I am looking to structure my personal finance and crypto trading business better for tax minimization, asset protection and privacy. I wonder how much are the cost of big4's services relative to my net worth to justify using them. Does any here have any past experience that you can share? PS...

Thanks. I just want to hear the community opinion on these guys. I know that Nomad Capitalist is basically bulls**t for example. Admittedly Mark J Kohler is not really about offshore but onshore US tax strategies.

Not sure what the rule for this kind of questions here but could someone give your thoughts on this guy? Mark J Kohler He is not very offshore but are his advice sound?

Kimchi premium could be very lucrative (as SBF has done with Japan) but its very hard to legally exit KRW and close the loop unless you set up some export company and withdraw over long duration...

OP you would probably like to hedge a large % of your portfolio into fiat and leave the rest in crypto. I dont know if lending loophole can be used in your case and if you can lend to a collateral of % of your CGT rate (so if price drops by this % you get liquidated, effectively paying your...

Is there a legal route, especially given the corporate residence law as in Austria - Corporate - Corporate residence ? Edit: should have mentioned crypto.

Thank you. So the benefits seems to be for non US national without a "real" job because once you have a job you automatically becomes resident taxpayer regardless of time stay in the country.

Hi everyone, where can I get more resources for crypto tax of expats that move regularly (every 1 or 2 years)? Lets separate the discussion into - US nationality - non-US nationality and lets assume that the stay is long enough for me to become resident taxpayer in the respective jurisdiction...