Recent content by offsiteguy

If you buy a property to get a residence visa, are you likely to pay tax on the money used to buy the property? I.e. in 2024 you buy a 500k property and get tax residency. As a tax resident you are then obliged to pay tax on any income you remitted in the fiscal year. Does that include the 500k...

Asset protection and tax reduction

Agreed. More than happy to pay tax. Even up to 25-30% as long as the money as well spent. The problem is the people spending our money are so beyond incompetent that the only logical conclusion is that they are attacking/subverting us with our own money.

Crypto portfolio

Where would you recommend incorporating?

Not a resident as yet - dont have a Visa. Just looking at options. You like it there? Any tips?

Ive got a Yes and a No. Can you refer me to a source?

I understand they may be incompetent, but is the structure I described legally tax exempt? The laws have changed in recent times.

Tax resident of Panama with an offshore holding company that owns a crypto portfolio. Tax resident executes occasional trades for the company on offshore exchanges while both in and outside Panama. Company earns fiat income from crypto disposals and staking dividends in the form of crypto...

Can you kindy provide reasons/sources why this structure is exempt?

Tax resident of Thailand with an offshore holding company that owns a crypto portfolio. Tax resident executes occasional trades for the company on offshore exchanges while both in and outside Thailand. Company earns fiat income from crypto disposals and staking dividends in the form of crypto...

Does this mean a tax resident of Thailand can own an offshore company that holds a crypto portfolio, and make disposals of the crypto and only pay tax on income thats remitted?

Ive been told CFC and PE rules arent applied in Thailand and Panama (or are managable)?