Business Structure Advise - Russian Citizen with USA Banking

[ActionMan]

Hello, if your volume is sufficient, and your overall risk portfolio checks out, we can help with both banking and Payment processing all in 1-2 business days. if you are interested Send a DM.

 

[PassinBy]

I think the important thing they want to see is that you've genuinely made a home outside of Russia. If you're posted to Ethiopian that doesn't really make it your base.

If you have a home address in UAE or Singapore (or some other hub) with a residency card, that should remove that concern. I have Russian friends, and they've been fine as long as they had a "good" legal residency (or three ). And also you've got somewhere to come back to and chill between postings.

 

[avalanche]

Almost the same conclusion I am arriving to as well. One avenue I am exploring now is Solo Entrepreneurship in Armenia with local Armenian bank and local payment processing. It sounds promising (on paper) but what I don't know is how well US/EU card issuers support Armenian payment gateways.

Works fine, from personal experience

 

[dany]

Hehe, this likely means a lot of low-risk money . Don't think I have enough to convince them though

Where do your revenues mainly come from, what's the primary source of your income?

 

[GPT]

0% chance sorry.

I unfortunately second this.

I had a similar case about 4-5 years ago and never found a real solution. In the end a friend of my client became shareholder/director with a bare trust deed which did not require registration or disclosure. That worked for I believe a little over a year after which the bank found out and closed the account faster than he could blink his eyes.

He now is being paid in stable coins and uses a wallet of a friend who has a couple of cards attached to the wallet. Its a nightmare because he has zero longer term changes to build up something.

 

[GPT]

Thanks! I see your point and it makes sense. To disclose a bit more details, it is not just some sketchy Ethiopian docs. I am here not really by choice, I am for United Nations. I have diplomatic ID in Ethiopia, 200% clear documents, all background checks done by UN and even UN passport (it doesn't work without national one). And of course I can provide proof of my residence out of Russia with a clear trail. Heck, even my parents and sister have moved out of Russia a year ago and I paid partly for the new house in the new place.

So, in a sense, from my perspective I am 100% sure all my stuff is as clear and transparent as it could be. But unfortunately, I don't even get a chance to explain it. So, you're likely right, another citizenship might be useful to start the conversation. But paying 100k+ only to get a permission to submit your documents for review, heh, a bit extreme.

If you are UN staff with a status... look inside the org. They look after themselves. Solutions offered would likely not even work because of your status.

 

[lacomaco]

Try Serbia

 

[SCHLOSSFINANZ]

https://www.unfcu.org/
they onboard UN staff but only private account