Our valued sponsor

Recent content by WorldCitizen99

  1. W

    Crypto-friendly Liechtenstein/Swiss banks

    Best comment of this thread Forester! Thank you for all those CLEAR answers. Cheers amigo
  2. W

    Crypto-friendly Liechtenstein/Swiss banks

    Yes you're right Yes you are right - I am all mixed up! Maybe I need to take a break from offshore research....o_O (There was a time where I was wondering if the US would share info with Canada if one opened a USD acct in a country without CRS but that had FATCA but this isn't relevant to me...
  3. W

    Crypto-friendly Liechtenstein/Swiss banks

    Given the difficulty of finding adequate arrangements, if you have a good setup with USD, I'm all ears! I've been avoiding opening USD accounts in Europe bc of FATCA. Should I not worry and just open a USD acct?
  4. W

    Direct capitalization of Cyprus LLC with cryptos - permitted or still up in the air?

    Damn that sounds pretty good I'm hoping to sell all my cryptos at the peak so that I have everything in after-tax profits and then I don't have to worry about exit tax, tax treaties and all the rest of that bs before I could think of setting something like this up but thanks for sharing that. It...
  5. W

    Direct capitalization of Cyprus LLC with cryptos - permitted or still up in the air?

    Alternative investment fund - sounds interesting Do you eventually pay tax when you take the money out of the Estonian structure, or is the idea to expense all the profits? In my case, I was advised to stick to countries that had tax treaties with my home country bc of the few ties that I wasnt...
  6. W

    Direct capitalization of Cyprus LLC with cryptos - permitted or still up in the air?

    My accountant and I extensively reviewed the issues around trying to achieve the 0% capital gains on crypto. The conclusion was crypto is so new and they are still working to establish what category it fits into. He advised me to expect to pay 12.5% tax on my crypto gains, which I am OK with. He...
  7. W

    Crypto-friendly Liechtenstein/Swiss banks

    Thx for that list SOLS! I could go on a banking vacation! (Something only offshore nerds like me get excited about!)
  8. W

    Crypto-friendly Liechtenstein/Swiss banks

    I wrote to Frick before - they needed 500K - can be in cash or crypto - not crazy about them custodying my crypto although Im curious what they charge to do so
  9. W

    Crypto-friendly Liechtenstein/Swiss banks

    If I were to travel to Liechtenstein or Switzerland, how hard would it be for me to find a bank that will set up a business account that will accept EUR transfers from an institutional Kraken.com account (crypto-->USDT-->Euros)? What would their minimum deposit be? I can't deposit more than...
  10. W

    Cyprus visa

    The business visas I'm familiar with require 200-250K. probably just adds a layer of complexity that I don't need right now. The whole process has been frustrating and difficult enough up to this point.
  11. W

    What is the best way to raise 25M EUR?

    with a forklift I imagine
  12. W

    In which countries you can form a company and get a residency?

    I know certain countries are probably known to be easier than others but you can apply to an 'easy' country and any number of things can happen that make it difficult. I've applied for many residencies, some of which were supposed to be a slam-dunk and they ended up becoming complicated either...
  13. W

    Cyprus visa

    Yes - I am doing just that. You can get a business visa and hire yourself as an employee
  14. W

    Direct capitalization of Cyprus LLC with cryptos - permitted or still up in the air?

    Does anyone know if a business owner of a Cyprus LLC/LTD is allowed to capitalize their company directly with cryptos? i.e. putting cryptos into the company as an asset for the purpose of trading them, without triggering any kind of taxable event. There must be hundreds if not thousands of...
  15. W

    3 interesting Tax questions

    1)I just saw a video talking about Poland's flat tax system (applies to foreign income only) of 200,000 PLN = 50k USD, although comments under the video say you have to kick in an extra 25K USD donation. 2)Don't understand what you mean by 'hack' in this context - maybe you could give an...