Recent content by deepsudeep

No passport yet, just a certificate of vaccination. Same for the the PCR test.

Assistant professor salary is 4k euros per month, nothing horrible in that!

80000 aed is 18000 euros per month. In EU that's considered quite a lot!

Rinse and repeat market manipulation. More than 50% drop since recent highs! Once all leveraged investors are screwed it will go up

Well that makes you tax liable to Uk for CGT

Did you transfer your positions from personal IB account in UK to personal IB account in UAE?

Yes I saw it a couple of weeks ago. Haven't eaten marine life since! Lets grow public awareness on this, our future depends on this!

Checking the OECD website and seems UAE is CRS complaint under Automatic exchange of information (AEOI) since 2018. So does offshore make sense there http://www.oecd.org/tax/transparency/country-monitoring/

Hi Fred, I am thinking about about setting up the company. Can you please pm me.

I read that to get tax residency I would need to stay 183 days but the visa is issued for 6 months? So it is short of the target. I could move there and trade stocks from there so I dont really have to set up a company unless that is what is required to get the visa. But I need the bank ccount...

Thanks for sharing your experience. I am in Finland and was looking for options. It makes sense that it cannot be that easy/cheap to set up management elsewhere without government knowing about it

I looked at the costs for a bvi company with nominee director to be around 3k from fidelity. They did mention these signings would be extra but they didn't mention anything specific. For a trading company with IB the director will not be required to sign anything on a regular basis

BVI is not blacklisted! But it is scary how others have been blacklisted.