Recent content by DollarDog

Strict laws, crazy fines, unclear deadlines, unnecessary accounting and costs skyrocketing... As I said if you want to live there, all good (even tho there are other options now, like the golden visa) but for companies, there is better.

Avoid Dubai, go for an US LLC, Hong Kong or any other... Unless you reaally want to live in dubai.

Indeed they shouldn't advertise here if ultimately their product don't fit almost anyone case here. I gave up the onboarding as well, terrible experience.

Avoid VertoFX. they keep asking useless questions and the lady Irene Dimmo (apparently a black lady from Kenya with short hair) have no idea how to do his job. 3 months in KYC, 20+ mails back and forth and still not approved.

My KYC Completely stuck as the agent do not offer what they asked, making it basically impossible to open an account with Wallester. (Opened multiple accounts with other EMIs without this kind of issues)

Seems like at the moment there is still a deadline but no fines applies? what's the point of keeping the deadline then

Sounds really promising, no update on the FinCEN website yet tho.

Airwallex PayDo FV Bank Zen.com Bankera Novo Tomi Bancoli VertoFX Relay Mercury Wallester Wallex

Fast and easy KYC not really... @Wallester just asked me to literally ship notarized documents from the other side of the world to estonia... Never seen anything like this.

Any options for US LLC?

Do you guys know any actual new EMI/bank that accept non-residents? EU citizen with residency in the middle east. This is the situation: - Mercury: refused me - Relay: requires a personal US address - VertoFX: requirement an unbelievable amount of stuff, including US company utility bill...

Spoke with the agent, they confirmed this "it is no longer mandatory. You may choose to submit if you'd like, in case the ban is appealed, but you are not currently required to."

Seems just a temporary thing for now, isn't it?