Recent content by Xshore

Maybe they're not joining schengen, but they have to follow schengen rules, including the 90/180 days rules. https://www.theguardian.com/world/2025/jun/11/uk-and-gibraltar-strike-deal-over-territorys-future-and-borders

As a non UK national, what are the requirements for getting residency in Gibraltar? There are border checks, but it was just announced last week that UK and Spain has reached an agreement over Gibraltar that will remove the border checks. Gibraltar will join schengen and implement a 15% vat.

I would check how likely it is that you are a tax resident in Latvia, and what you could do to not be one. Having that settled you could use your Latvian address and bank accounts which would simplify things.

I'm pretty sure most countries charge a flat rate on capital gains for non residents. Please list info if you know some that don't.

What? As a non resident, why?

If the LLC has kept its default disregarded tax status then the income is not taxed in the LLC, but passed on to the member.

Can you point out where in the law it says that a foreign investor can transfer money without tax? The articles mention that but I couldn't see it in the law text. It does say it doesn't apply to business accounts, but a ibkr investment account is not a business account is it?

Was this still in the bill that passed through congress?

Have you asked if they mind paying the vat? If they are vat registered they will get the vat back so vat shouldn't matter for B2B.

Wouldn't it be easier to open a bank account for a llp with a UK resident parter?

I think VAT is only applicable if the goods are in the UAE? Are your customers in the UAE?

What do you mean by that the bank account should match the director names? Does that imply that you can withdraw to a personal account in the directors (members) name?

How come you have acquired the property without having a NIE already? Normally you need the NIE when purchasing property. And you should have submitted a non resident tax return every year you own property and pay tax on the property. It's quite easy to fill this out yourself...

Do you have a itin or ssn?

However this is a big decision to make, a corp needs to deliver tax returns and pay taxes to the US. And still not certain that Stripe will accept it without a local person in the US. Same thing happened to me 5-6 years ago, it worked for a few weeks then I got the message that they required...