Recent content by WormCasting

thank you 1)If you earn digital income and get paid in Bitcoin while traveling, is it beneficial to establish tax residency in a specific country? 2)If you're a digital nomad spending less than 183 days in a country with no strong ties (e.g. family, property, or long-term commitments), can you...

If someone runs a legal online business offering digital services and gets paid in cryptocurrency (like Bitcoin), could the following strategy be used to achieve 0% income tax , legally? Imagine this setup: A crypto payment processor is used to track all incoming payments. Each...

Be careful , don’t just send money to anyone. There are many scammers who pretend to know what they’re doing, but once they receive your money, they disappear into the shadows. If you decide to use a service, contact several people and compare how they respond to your questions. If you have...

Itau and others issue debit cards that can be used for worldwide payments in stores, ATM withdraws and online shopping? Account balance is only available in local currency? Any Paraguayan banks that issue debit cards for every day spending with good fees(outside of paraguay) ?

The EMI's listed do work with just parguayan cedula.

Thanks but I have an European Passport that I do not want to involve in a setup. You are saying I can create a US LLC,... with just a Paraguayan cedula (ID Card) or what do you mean?

If you have a Paraguayan cédula and the usual supporting documents , such as your RUC, Tax ID, and temporary residency , what kinds of bank accounts or EMIs can you open and use for personal expenses? Commonly Mentioned Options: Xapo Bank GrabrFi UglyCash These platforms are often cited...

they stopped every foreigner driving past the police checkpoint in thailand when I was there. once I took out 2 licenses (official one from my country and international one) they didnt even blink an eye and sent me away... In these countries cops like to make their own rules and try to scam...

In thailand the cops want to see 1x drivers license from your home country and 1x international drivers license which can be bought locally (legal) in specific offices. I assume in the phillipines its similar... Did you get your Turkish citizenship by investment in real estate for 400k EUR ...

What about the Turkish Citizenship by Investment (CBI) program, which allows you to change your name? It seems to be one of the fastest options for obtaining a second passport , although the required real estate investment of $400,000 may involve some effort to find a solid property deal...

Unchangeable Facts - I hold a Latvian passport (EU citizenship). - I operate a digital business and receive BTC payments via a payment processor, with proper bookkeeping. Current Status I do not spend more than 183 days per year in Latvia, and I have no stronger residential ties such as: -...

I used to live in Latvia and occasionally visit, but I’ve never been registered as a taxpayer there. Since finishing school, I’ve remained off the radar , not registered, not paying tax, and living abroad. My plan was to obtain Permanent Residency in Paraguay in order to: Register a U.S. LLC...

Thanks for the advice! Would the following setup be the most useful? Step 1: Residency Obtain Temporary or Permanent Residency in Paraguay (Possibly through the “Sauce” investment program for permanent residency) Apply for Paraguayan tax residency certificate. Step 2: Incorporate Business...

You are a Latvian passport holder who sells digital services online and receives payments in cryptocurrency. You travel perpetually, though sometimes you stay for longer than 183 days in Latin American countries. You have never paid taxes in Latvia, never registered as a taxpayer there, and...

buy some forest property in the middle of nowhere with a little underground cabin?