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Recent content by KJK

  1. KJK

    Unannounced change of policy at Bunq

    Dutch banks and fintechs are notoriously known for insane KYC/AML requirements recently. I think it is because two or three of the major banks received fines and now everyone wants to pretend they have the best KYC in the world. Bunq closed my account years ago with no explanation. When I asked...
  2. KJK

    The Iguacu loophole - feasible or not?

    So your goal is to avoid getting an exit stamp in your passport to be eligible to citizenship (whilst having permanent residency in the country, speaking Spanish and paying taxes etc etc.). I think the real problem is that afaik Paraguay doesn't hand out citizenship like this very often...
  3. KJK

    IBKR alternatives (based outside the US) for non-US / non-EU citizens?

    Swissquote is comparable to IBKR but can be more expensive / more difficult onboarding / less available markets.
  4. KJK

    Any reason to not get UK/EU citizenship?

    Mandatory military service in Greece, Estonia, Croatia, Sweden, Latvia and Lithuania (each different and can be avoided to some extent) Exit tax and worldwide citizenship-based taxation plans/ideas in France and Denmark Dual citizenship not allowed in some situations in Slovakia, Austria and...
  5. KJK

    British expats are being terrorised by corrupt Spanish tax collectors and fearing financial ruin

    Moving from the UK to Spain is out of the frying pan, into the fire. The weather may be better and women better looking but I can think of 20+ better countries to do anything in (business, retirement, digital nomad...) than Spain.
  6. KJK

    Skype closing, what to use now?

    Signal for encrypted communication. For classic phone number to receive SMS and/or make calls, there's different solutions such as Hushed.com, Call.com (was called CloudSIM). Another option (if you're okay with an eSIM in your phone/laptop) is a global eSIM subscription which can usually be...
  7. KJK

    Milei Shuts Down Argentina's Tax Agency

    Sometimes institutions are so broken that only a complete reset/shock event can fix them. It reminds me of Georgia where Saakashvili fired thousands of policemen overnight (around 85 % of the entire police force). Then they could rejoin a new police under new rules. Now when you visit the...
  8. KJK

    Spain , to obligate tourists to give them their bank info, and credit card information +others

    There will always be ways to avoid stupid laws. And in the end, a law is meaningless if it is not enforced or ignored by the population. In Montenegro there is a similar law regarding tourist registration - I think it is mostly to generate income, not spy on the people (after all, when entering...
  9. KJK

    Spain , to obligate tourists to give them their bank info, and credit card information +others

    Spain is one of these countries which are obviously going in the wrong direction. When you walk through the streets of Barcelona and especially Madrid, you feel the history and the wealth. Locals in cafes, majestic buildings, huge pieces of ham in every supermarket. Then you think about it - it...
  10. KJK

    Can tax office ask for income figures when you’ve left?

    They can ask for anything, if you left the UK for good, don't have any activities/assets there and never plan to come back, you can just ignore them. If you spend some time in the UK, you should have a real tax residency elsewhere and do not spend too much time in the UK (and don't have your...
  11. KJK

    UAE resident - renting apartment longterm - implications

    It is important to differentiate between a) just "staying" somewhere, in a hotel, apartment, airbnb, a friend b) having an a registered Ejari contract Both have its pros and cons. I think simply having an Ejari does not trigger tax residency, however want to be 100% sure that if you won't...
  12. KJK

    Millionaires are leaving the BRICS

    You would be surprised how liveable some places in Southeast Asia can be. I think most of the hate/disgust comes from cultural shock, not from the places truly being unlivable shitholes. You mentioned only two places - Thailand and Vietnam. Vietnam is not the best place in SEA, I agree. Major...
  13. KJK

    What's the Next Thailand for Digital Nomads?

    That's a tough question because Thailand really is unique in terms of it's convenience, friendliness, infrastructure, nature variety - and until recently taxes for foreign income. If you prefer Southeast Asia (as you mentioned Thailand, Philippines and Indonesia), my advice would be either 1)...
  14. KJK

    Average NW of users

    I think with people with sub 7-digit net worth are wasting time on a forum like this and would be much better off if they just focused on their primary activity - business, trading, crypto, affiliate marketing, whatever... On the other end, people with 9-digit net worth and higher may lurk here...
  15. KJK

    live in asia visa & crypto

    I think doing border runs are not a bad choice for you. The obvious alternatives are: education / business visa for 1 year, renew it every time. Usually they can be arranged easily and there is no real education going on golden visa for 5-10 years, however e.g. the rules for Thailand changed...