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Recent content by Belfort

  1. Belfort

    USD losing value vs. EUR

    I’m in the EU and have all my liquid cash in USD, because I think the EU will eventually collapse. Now the USD keep losing value vs. EUR and leaving me uneasy with my choice. What do you think the future holds for USD?
  2. Belfort

    How do you exist?

    Best thing you can do is to take it easy when you feel mentally tired. It’s not a race. Reading lots of success stories here will make you feel like you’re behind all the time, but everyone has different circumstances. I burned myself out completely last year and ended up doing things I regret...
  3. Belfort

    Moving 6 figures from US LLC to EU

    The italian government won’t go after you for your non declared 100k they don’t even know about. Transfer it in small amounts to multiple accounts across the EU and you’ll be fine.
  4. Belfort

    I tried opening a US business account in 18 EMIs, here's the result

    I believe the ones pending by then ended up not responding at all, except Mercury which approved me but I never used it. Since I was approved with Wise and Airwallex I didn't bother pursuing them further. Wise suspended my account in less than 3 months due to cryptocurrency related transactions...
  5. Belfort

    I tried opening a US business account in 18 EMIs, here's the result

    I've used it for a while without problems, but very low 5 figure transfers at most. They called me once so I could increase my transfer limits and it was a quick call on google meets.
  6. Belfort

    Possible to avoid CRS with USA setup?

    An european individual opens a US LLC and a personal US bank account with a debit card. Funds come to the LLC's bank account and moved as dividends to the personal account. Then, the individual spends money with the debit card in the EU. How does the EU country this individual is a tax resident...
  7. Belfort

    I tried opening a US business account in 18 EMIs, here's the result

    March. I know they've been limiting people, since someone with the same setup as mine was rejected in June.
  8. Belfort

    Planning US visit for bank

    The rich didn't get rich by spending unwisely. Paying less doesn't mean you're paying for a worse service.
  9. Belfort

    German IBAN

    Bunq doesn't have instant payments. I'll try Tomorrow too.
  10. Belfort

    German IBAN

    Does anyone know how I can get a german IBAN as a EU citizen? Besides N26.
  11. Belfort

    BOI reporting for US LLCs (at least) temporarily suspended

    I submitted it, unfortunately.
  12. Belfort

    Planning US visit for bank

    There are several online banks that you can use, like Mercury. Why do you feel the need to visit the US to do this?
  13. Belfort

    The worst EMI in the world

    Accepted a P2P transaction. Maybe the other guy was high risk and they decided to take down two birds with one stone.
  14. Belfort

    The worst EMI in the world

    ZEN has closed my account because of crypto related transactions.