Our valued sponsor

Recent content by tyrexoid

  1. tyrexoid

    IBM Bank Montenegro Bankruptcy

    just the looks of the bay of Kotor, and party scene in Budva, the mountains in Zabljak and Kolasin, proximity of a 1 hour drive from let's say the capital to all of these locations, about 1-2 hours to be precise (and of course the budget, since I can't afford Monte Carlo let's say or whatever...
  2. tyrexoid

    "Bearer Assets"

    why the local population call their country a democracy then if they are not free to even have a choice to replace laws that are outdated and so on, do they believe that democracy is a thing and that they really do elections and all, or they simply don't care as long as standard of living is...
  3. tyrexoid

    IBM Bank Montenegro Bankruptcy

    A gal at Lovcen banka in Budva recently did me a full audit for a fkn attempt to deposit 'another 4k$' rof/% they are rejecting transfers from abroad and demand 'source of funds' which I happily print and bring them every time, but she went through transactions of my foreign bank account one by...
  4. tyrexoid

    "Bearer Assets"

    on a side note, why are people concerned with matters like carrying all net worth around in a physical form - who and why is about to confiscate things? I don't hear anything in the news about any appropriations by governments or anything like that. why not keeping stocks, and a few cash...
  5. tyrexoid

    US LLC + live in Thailand

    no it is possible for both, but when my friend from SA tried to make personal during his 2 week vacation (the goal of the vacation was to make bank account for easier dealing with his customers on freelance websites, he's a 3D artist) they asked him for local US address proof and denied opening...
  6. tyrexoid

    US LLC + live in Thailand

    the tax brackets in Thailand are very friendly, in terms of usual living expenses in the country, it's better to simply calculate the needed planned expenses by having a look at the costs and then check how much % it will really end up being taxed, could easily be like 18% or something, which is...
  7. tyrexoid

    In which countries you can form a company and get a residency?

    didn't know it's possible in Switzerland. but that'll get taxed the regular rate of smth like 40-50% correct? Montenegro currently taxes 15%, and has similar nature to Switzerland. Basically it's the budget friendly Switzerland farmland fantasy :D with small houses and many green pastures...
  8. tyrexoid

    "Bearer Assets"

    but if they have license for each item, why would it cause them issues? because it is not supposed to leave the shores of a country where it's licensed and tracked, I assume?
  9. tyrexoid

    Fleeing a NATO vs. Russia conflict

    it's not "stupid" it's strategy.
  10. tyrexoid

    Understanding FBAR for U.S. Foreign owned disregarded entity.

    my CPA who does these returns for me each year (both inside the US and later after I left US and non-citizen non-resident at the moment in last 3 years) said that this is the case -> "Does it mean the (disregarded) LLC only does FBAR to report accounts that are opened in the name of the LLC?"...
  11. tyrexoid

    Action Required: Verify your Mercury Account Details For LLC

    yup, good point, I forgot about it. ``` company created before January 1, 2024, will have till January 1, 2025 to file the initial beneficial ownership information report. If a company is formed after December 31, 2023, it will have 90 days from the date of formation to submit a report. ```
  12. tyrexoid

    Government Can Freeze and Confiscate ‘Unexplained Wealth’ At Will, According to Newly Passed Rules in EU – Here’s How

    Aren't all these digital advancements and services simply a unification of existing biometric IDs/passports/gov websites logins/banks and credit cards/etc' ? All of these already exist in some online form but are inconvenient to some, and people would like to have easier access to all their...
  13. tyrexoid

    Action Required: Verify your Mercury Account Details For LLC

    oh by the way, new law for all foreign LLC owners from FINCEN in 2024 to submit KYC report (and the CPAs don't want to do it because it's kind of separate from their duties, so we need to file it ourselves) info here "fincen.gov/boi", just FYI. (Fines for all who don't comply and missed the...
  14. tyrexoid

    Tax strategies for 2024, new game?

    Montenegro 0% digital nomad visas will remain active until 2025, though I have a call Monday with a local adviser who I'll ask questions in detail about reality on the ground, but considering this is in the middle of Europe, 1hr flight away from many good places for vacation (if MNE is not...
  15. tyrexoid

    New Thailand Elite Packages Revealed!

    better buy a house for the Thai wife parents, with a buffalo as a bonus wedding gift smi(&%