Our valued sponsor

Recent content by UndividedNomad

  1. UndividedNomad

    Estonia company profit cash out?

    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.
  2. UndividedNomad

    best bank for loan against stocks

    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.
  3. UndividedNomad

    Estonian EU as holding company for EU resident

    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...
  4. UndividedNomad

    Single-use virtual debit cards like Revolut 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.
  5. UndividedNomad

    best bank for loan against stocks

    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...
  6. UndividedNomad

    best bank for loan against stocks

    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...
  7. UndividedNomad

    best bank for loan against stocks

    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...
  8. UndividedNomad

    Anyone got EIN recently? How long does it take?

    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...
  9. UndividedNomad

    Anyone got EIN recently? How long does it take?

    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
  10. UndividedNomad

    Living in Peru on rentista visa (tax free) while working for own offshore company.

    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...
  11. UndividedNomad

    Living in Peru on rentista visa (tax free) while working for own offshore company.

    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...
  12. UndividedNomad

    Seychelles IBC owned by Estonian company setup?

    Wouldn’t your Estonian company be considered a PT tax resident company under permanent establishment rules? And hence taxed at PT rates?
  13. UndividedNomad

    Panama residency and PE rules

    Can you explain what you mean here? How are you not triggering PE rules if you operate a UK LLP/US LLC as a Panama tax resident? I am looking at a similar setup (but with Estonian company instead of LLP/LLC). I do see online that Panama tax residency requires 183 days per year in Panama. If you...
  14. UndividedNomad

    Give me your feedback on this tax-free setup

    Hello, After building an online business from a EU country for the past few years, I am ready to make some significant changes to go abroad and improve my quality of life. To find better quality of life, this starts with getting out of lockdown, but also to optimize all areas of life, including...
  15. UndividedNomad

    Italian resident -->New Online Business (All outside Italy!) - New company but where? HELP!

    If you remain in Italy, then it is easy: create an Italian company for your online business. To benefit from offshore companies, you need to physically move to another country. Italy being in the EU has strict CFC/PE rules which will make an offshore company you create & manage in Italy an...