Recent content by UndividedNomad

Okay with this setup you have CFC covered, but there would still be the permanent establishment risk there no? then taxation as Maltese resident company no?

Just to keep this thread alive - Swissquote, which I had gone with, now charges 6.91% interest rate for a EUR loan; that's more than 3 decimal point over the BCE rate + 0.1% custody fee. So I started to look at other options. Got quoted the following banks from a broker: Bank A - 4.70%...

Thanks for the feedback, I think we're aligned. Just stumbled upon these rates from SC: Wealth Lending | Borrow against your Investment portfolio Do you think that's achievable for a Lombard Loan or are these without SC's margin? There are quite good rates there (3% for EUR, 5% for USD)...

Thought I would update this thread. Back in 2022, I had gone with the best option I found; a lombard loan from Swissquote. But the hikes in interest rates today make my loans quite expensive; USD at 8.33% and EUR at 6.91% (Lombard Loan: Flexible Financing | Swissquote). On top of custody fees of...

Take out a reasonable salary every month (not taxed at Estonia level if you aren't an Estonian resident) and live in a country that doesn't tax foreign income and/or has lax tax enforcement.

I've gone with Swissquote. They have slightly lower interest rates in CHF (3.6% vs 4.55% for EUR). Only downside is that they charge a safe custody fee of 0.025% per quarter for legal entities.

It's the 100k is coming in as personal capital gains, why try to put it into a company? Take the money, open an account with a private bank or a decent broker that offers Lombard loans, invest that via your broker/bank and take a loan against the securities. Loans don't qualify as personal...

Have a look at privacy.com you can create up to 60 cards per month. each card can be disabled after 1st use or set to a max purchase amount. maybe creating multiple accounts will allow you to create even more cards.

Writing a quick update on the search for a Lombard Loan. The additional difficulty I have is that the stocks I can offer to the bank as collateral are held via an Estonian company. No Estonian banks will accept me and UK brokers I have contacted didn't find any banks willing to move forward...

Great, I will PM you. Great, if you can share any names of banks that can offer this this would be great. Also if you can share their terms. Ideally looking for at least 60% LTV with an investment line of credit (interest paid only on what is borrowed) sub 3% interest rate, with collateral...

Hi all, Let's suppose you have fix-figures invested in diversified stocks (World ETFs). EU passport. what would be the best bank to get a loan against this portfolio? To my knowledge: -> brokers offer this via margin loans. IBKR only allows margin trading, but no margin loans for Europeans...

To be fair, you have to get the Premium package that costs $180 to get it in 1 day. This guy signs up as a representative agent to your LLC with a US address and can therefore go to IRS website and apply online. Online applications get their EIN immediately. After the EIN was granted, he sends a...

This guy got it for me in 24 hours: https://www.fiverr.com/blugency/provide-an-ein-tax-id-for-an-llc-or-sole-proprietorship

I am not 100% sure the reasons why a US LLC specifically- based on my understanding, that’s easier & faster to get the dividend certificate apostilled. But you can of course do it with any other jurisdiction as long as you can get the document. Yes the dividend document needs to be shown only...

Hey there, I am in the process of doing the same exact thing and I have spoken with a Peruvian lawyer (the one from the website you quoted). This setup works and the lawyer recommended to create a US LLC as the offshore company. Can be created just to get the visa. You’ll need an apostilled...