Recent content by travelES

And I assume no transfer/stamp duty tax to purchase or tax upon disposal (if you are offshore and structured correctly). That's right isn't it? My original question pertained to taxation.

Lol. The one with the biggest ROI with the lowest risk and energy/time expenditure.

Interesting. Thanks. It seems if a resident of a tax free country buys a property in a country (e.g. USA) he will pay transfer tax/stamp duty + tax on rental income + tax upon disposal. Probably around 20-30% total. Conversely that same resident if investing in REITs would pay no tax to...

Would a resident of a tax free/territorial tax country using a BVI company to invest in equities, ETFs REITs etc on the major exchanges pay tax upon disposal?

Buying a property in South Africa with a BVI company. The corporate CGT rate here is 22.4% and there is no DTA between SA and BVI. Any idea if my company would need to pay the 22.4% upon disposal?

I was just using Ukraine as an example. Im not looking to buy Ukrainian real estate. My question pertains to how to disperse funds from an offshore company and bank account into various other highly regulated markets. So for example, how does a Bahamian company buy stocks in Russia, real estate...

@neweraoffshore Thanks for the link. Yes many countries are adopting exit taxes and a litany of other rules and regulations. That changes nothing however from the fact that an unammended DTA - perhaps even 30+ years old - takes legal precedent. "The tax treaties are not the same, and Norway’s...

Exactly. I was speaking to a Nevis lawyer and the bank account wasn't an issue at all. It was basically a formality when setting up the company. Its all about where are the funds coming from and what is the company doing. I was more hoping to get an idea of how these structures work when...

Thats not true. International law trumps domestic law. Norway can pass any domestic tax law they want but an unamended DTA will have legal precedent. Thats why he needs to go through each DTA to see if therein lies an opportunity. Until then no one knows.

Looking for some basic guidance in setting up an offshore structure that will allow me to easily engage in various global, commercial and investment activities while offering maximum protection and limited tax. Im guessing the basic structure will involve an offshore trust holding an offshore...

The advice in this thread is terrible. You need to find the best Norwegian tax lawyer you can afford and explain your personal crypto trading/investment situation (of which no one here is aware) so they can advise you. Then you need to get them to read through all the Norwegian tax treaties...

If he is a crypto trader by profession (his main recurrent activity), Portugal will tax his crypto.

Good to hear. Many governments didnt give a f#$k about our personal and business situations. Is it possible to have a company or trust that owns the Dubai company, and if so, what are the residence requirements for that? Its a RAK International Company (IC) you are talking about, correct?

Travelling to UAE twice a year isnt a formality anymore. Its actually a legitimate issue. We were told a year ago we needed to restrict activities for 15 days to "flatten the curve" and that 15 days turned into 12-18 months and now, according humanities leading medical doctor (Bill gates), the...

Ive got a BVI company and its a holding company that owns crypto assets that will need to be converted into fiat at some stage. Obviously Caye didnt work out so Ive been looking elsewhere. I was referred to a bank in Vanuatu but Im cautious of these obscure banks after my belize experience...