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Recent content by JimBeam

  1. JimBeam

    I‘am scared, Dubai Banks and cash deposit

    Most probably they won't go after toy. You brought money to the country and bought real estate Here are my tips for you 1. Get yourself a golden visa (you have 1M property - should be easy). 2. Open at least 3 bank accounts (if one is closed so you can move the funds quickly) 3. If the bank is...
  2. JimBeam

    EU IBAN UAE Freezone

    We use Payoneer and their fees to receive money are small but to withdraw it to the bank account are 2% LOL. It would be cheaper to say to your client to just pay you to the WIO IBAN and to tell them that you'll cover the costs (they can deduct them).
  3. JimBeam

    Where would you move if you had a Family?

    Understood, life there is quite boring. But with big tax savings (compared to other places) and low stay requirements maybe you could use that extra money to travel and spend time abroad, while maintaining the tax residency there.
  4. JimBeam

    Where would you move if you had a Family?

    If you don't mind living on the island - Cyprus could be an option. If you buy a EUR 300k property you and your family will get permanent residency. After 7 years you can apply for citizenship/passport. Taxes are amongst the lowest in Europe and under non-dom you're exempt from most of the taxes...
  5. JimBeam

    Looking for real estate

    LOL Any reference to this o ne or this is just a story/legend? What's "ss" ?
  6. JimBeam

    Looking for real estate

    Most of the western countries are no longer safe due to influx of illegal immigrants. Eastern countries like Slovakia, Czech Republic, Hungary, Poland, Romania, Slovenia and most of Balkan countries are now safer than western countries. And that's a paradox. I like going to vacations or city...
  7. JimBeam

    Looking for real estate

    So I've been in Bucharest, Timisoara and Brasov on couple of occasions. I have also been many times in Slovenia travelled most of it. Even though Romania is advancing in many areas it still gives you that "poor country feeling" compared to Slovenia that looks much better (better roads, nicer...
  8. JimBeam

    Looking for real estate

    That's correct but Slovenia gives you this kind-of 1st world country feeling (like Austria or Switzerland) while Romania gives you more like this 3rd world feeling. Also, Italy is nearby as well as beautiful Croatian coastline while you don't have that in Romania.
  9. JimBeam

    Looking for real estate

    Both are decent options. Croatia has amazing coastline while Slovenia has mountains, hills and forests. How one could alleviate tax obligations?
  10. JimBeam

    Dubai cash deposit of $1.000,000 in two different bank accounts

    I've seen investors taking Cryptro advertising that on their websites. https://www.damacproperties.com/en/blog/buy-dubai-property-with-bitcoin-and-ethereum https://famproperties.com/advice/can-i-buy-property-in-dubai-with-cryptocurrency So, I think it's possible. Hopefully nothing. Do you have...
  11. JimBeam

    Dubai cash deposit of $1.000,000 in two different bank accounts

    When you're doing such things, always have couple accounts open. When they ask you for proof of funds, you take a withdrawal slip from another bank and send them. Also never just deposit, sometimes also withdraw some amounts and take it to other bank and deposit there. Keep all the slips. Why...
  12. JimBeam

    Cyprus company formation question

    WOW! That's crazy! How long do they last? What do you actually do there (like practice shooting or something)?
  13. JimBeam

    Most tax efficient residence in EU: Bulgaria, Romania, Cyprus?

    They just stop you and ask for your IDs? What do you tell them? That you live here or you're just a tourist/visiting family or friends there?
  14. JimBeam

    Interview with Matthew Bevan

    6 hours long - but worth watching. Really interesting guy with crazy stories.
  15. JimBeam

    Cyprus company formation question

    How often are you called to army trips?