Recent content by USSVS

I understand. Thank you for the advice.

Did/Will something change in 21/22?

Thanks for this info! I will look into those places

Thanks that is helpful feedback.

No progress yet. I have heard some bad reports about Nevis and have heard that it can be a reputation killer when people find out you are associated with that jurisdiction. I have built my businesses from the ground up and I enjoy the trust of those I work with. That trust really helps grease...

An example of a franchise I was talking about would be McDonalds, Pizza Hut etc. You could partner with others to buy an existing or new franchise. They are not foolproof but they have higher success rates than a lot of other businesses. I think you are asking about selling franchises which is a...

Bottom of the barrel does not sound like something I would be excited about. It seems like any taxes I pay on foreign royalty income can be used as a credit against my us taxes. I wonder if there are other jurisdictions that are easier to bank from that would still be a pain in the a*s for...

Gotcha, Reliability seems to be lacking in that space. I know Goldman has a crypto desk- they could definitely facilitate large trades, I think MS has one too now. They are banks and brokers, It is different than retail banking. They might not be a good fit for what you are looking for, but...

Are you a sole proprietor/individual or do you have a company? How long have you been in business? Are you simply selling crypto by CC? -Watch for chargebacks lol You may want to look at a more personal banking relationship with Morgan Stanley or Goldman- but your volumes might not be high enough.

Thanks for the reply, I'll check out those jurisdictions. It is interesting to hear that banking is difficult. Do you know why it is difficult? (I have only ever banked in the US) What reason did they give you for closing your account?

I received an email from them stating that the fee is going away and I am in the US

I am looking for a little advise on an asset protection vehicle. Here is the scenario I am envisioning: I 100% own several companies in the US. I am looking for asset protection, not tax avoidance/evasion. I am interested in forming a offshore company that will: 1) Own the trademarks and...

It might just be me but I think 100k is a decent amount of $. if it is just sitting in an account at .01% interest (what my chase business accounts currently pay), you should think about putting it to work doing something more productive. Unless it is emergency $. in that case I say it is good...