Recent content by disagree

I would consider a Cyprus or UK LTD as a holding company. I would not mess with Italy. It's one of those system that it's better to stay away from, like Spain.

There's no specific request for the 5% (also it's a 5% only If you plan to earn 100k, otherwise it's just a 5k one shot fee). You just have to request your TIN after you've got your self-sufficient non-dom residency approved. Then file a tax return every year.

I asked because the article also says that they don't really know what can happen in the receiving bank account, so maybe someone had experience in trying the OUR option. But yes, I think I'll just pay the fees. I'm also probably going to contact that bank to ask more about they see this...

Thank you man. Gotcha. So I think this stuff doesn't help, right? Or is this helping to lower some fees or something?

Hey, I need to send money from a US bank account (mercury, wise, chase, etc.) to a Panama bank account. I tried doing this from Mercury, but the person who received the money got charged a fee, it was around $40/50 on a $600 inbound wire. Do you guys know if there's a solution to this?

In that case you should pay the 5K, but based on money you use for big living expenses like rent, not for capital gains even if remitted. As I said, the truth is nobody care.

Capital gains are never taxed in Malta, also if remitted. They're not considered the same way as revenue. At the same time I can't see why you should remit that. With a couple foreign bank accounts and fintech solutions, you're ok. Consider that thanks to the agility of this setup, let's say...

it's the super-duper-widely popular solutions for Malta non-dom residents. Basically Malta doesn't enforce PE at all. Plus, they treat LLCs as opaque entities. They don't really care about what you're doing outside of Malta. They charge this 5k one shot fee per year if you declare you had...

Hey guys, I know that payoneer accepts a lot of US LLC, but I currently don't know what kind of document they want me to upload here. Someone managed to get through this? Thank you.

No, that link works only for people that already have an e-residency. That's why I said that, for what I understood until now, first you have to get the e-residency on Identita Malta, then you register to CfR and register as a tax payer. I think that on this website you can both register as a...

Where can I figure out what's the exact procedure to get my tax residency in Malta? Is getting a Tax Residency Certificate (TRC) from CfR mandatory to become a tax resident? I don't think so, but a guy confused me regarding this topic. Otherwise I think that going on Identita Malta, filing as...

Yes, I think someone said this in this thread. I paid my registered agent to file it for me.

I was just curious to understand why exactly a lot of people with residency in Thailand are getting HK LTD instead of other solutions… I also agree with the PE issue that is not fixed having a HK or other one instead of a LLC. I’m just curious why I can’t find a guy in Thailand with something...

Ok, this make sense but still didn’t understand why are they suggesting only the HK LTD instead of other solutions, as there so many others out there.

Yes, but I'm trying to understand in this exact situation why they prefer suggesting HK LTD over US LLC. As I don't see thailand vieweing the LLC as transparent... and also HK LTD having accounting requirements (= money for consultant) makes me think.