You are the Donald Trump of this forum mate
Our valued sponsor
Bank Account Blocked in Malta
- Thread starter superban
- Start date
if it ticks every EU box... these days that means it's a good place to live and do business! 
if it ticks every EU box... these days that means it's a good place to live and do business!
In a sadistic way yes
. However nowadays you say Malta for business to someobody and they look at you like 
.
i missed "elsewhere" at the end of that post.yeah I know the look, malta=mafia, money laundering, corruption, if you also happen to be russian/east european is a top combo
but who cares... as long as you can live tax-free and do business elsewhere?
I have a few friends there and I saw how tax officials treat them, it's heaven, they tell you how to not pay taxes!!! If you come from high tax west country, that's refreshing for sure, they couldn't believe it
Sadly I get quickly bored and claustrophobic there, but they're building/renovating apartments like there's no tomorrow. ( many of them are shitty by my QC standards, pretty much like anything on the island, but that's another story
)
Property seems to be the only game in town out there. I own property there btw and I wish I never bothered.
Didn't the properties go up significantly there? I think they did. I saw an apartment for €2 million, which few months later went up to €2.4 million. I guess it's still on the market but it just shows the current property bubble in Malta. Owners think they can get whatever they ask for.
Really was it in Portomaso
https://www.offshorecorptalk.com/th...nment-with-offshore-company.27216/post-109218
P.S It's not my one if it is anyway
Really was it in Portomaso
[...]
Nope, it was in Tigne Point, Sliema, the ground 3BR apartment with small garden overlooking Valletta.
Anyway, if you bought it few years back, there should be a little reason to complain I guess.
This one, it was €2M last year, then €2.4M, now €2.5M.
Last edited:
Hello everybody,
finally after proofing all sources of income, BOV decided to unblock my bank account.
Now, I don't have an offshore personal bank account. Where should I send this money (40.000 €) to avoid any troubles again with banks?
I have a Transferwise personal account, is it a good idea to send this amount there?
It's money coming legally from my HK business, but unfortunately I can't send the money to HK anymore.
Would be a good idea to open a non-resident bank account in a country outside Europe?
Thank you for your help.
finally after proofing all sources of income, BOV decided to unblock my bank account.
Now, I don't have an offshore personal bank account. Where should I send this money (40.000 €) to avoid any troubles again with banks?
I have a Transferwise personal account, is it a good idea to send this amount there?
It's money coming legally from my HK business, but unfortunately I can't send the money to HK anymore.
Would be a good idea to open a non-resident bank account in a country outside Europe?
Thank you for your help.
Is BOV closing your account and requesting a new destination for the funds? Are the funds coming directly from a HK business account at BOV or a personal account?
Yes they are closing my account and they need a bank account on my name to transfer the funds. This money came directly from a business account in HK and from my business in Europe. Any suggestion are very much appreciated.
Thank you
Ok thankyou. What about using transferwise as a passthrough and then leave some funds in a paypal business account and in another bank account that I can open in Georgia or in another country?
The non-resident allergy at display. Malta-style.
"We're cleaning up! Bye risky Brazil, bye all non-Maltese!"
"Hello Iranian-Russian oligarchs, we cannot offer you our..."
"Accept our apologies, I see you're Maltese. You paid the $1M for the passport, right?"
"Oh! You also have a utility bill in your name, it's from a popular whorehouse basement in St. Julian's, but I believe you live there, right?"
"Welcome, low-risk resident citizens!"
"We're cleaning up! Bye risky Brazil, bye all non-Maltese!"
"Hello Iranian-Russian oligarchs, we cannot offer you our..."
"Accept our apologies, I see you're Maltese. You paid the $1M for the passport, right?"
"Oh! You also have a utility bill in your name, it's from a popular whorehouse basement in St. Julian's, but I believe you live there, right?"
"Welcome, low-risk resident citizens!"
If you are in Brazil, take a flight to Montevideo and and walk in to brou.com.uy . Just make sure you have all the paperwork they require.
Last edited:
Some consolidation makes sense.
HSBC Deferred Prosecution for Cartel Money Laundering Expires
Sanctions evasion, washing service for drug cartels, asset price manipulation, oligarchy banking, toxic mortgage-backed security sales, and more.
It's not easy to be competitive at all, even for a bank like HSBC. They probably want to focus on fewer core business areas in the future
That's what he claim, so why do you speak about "hot money" here,
If this is money that can be backed up with a source of funds evidence you should be fine to send them to TW for the beginning and find another EMI or two to spread the risk.
I have TW accounts for some time now, on some there are amounts like what you have there.
Latest Threads
-
Ellipal Titan cold wallet - opinions- Started by JohnnyDoe
- Replies: 5
-
Rejected by Stripe: How to Move Forward with Payment Solutions?
- Started by StephB
- Replies: 0
-
-
Receive payments to my hardware wallet directly
- Started by copepe
- Replies: 7
-
IFZA Fzco company renewal - audited financial statement necessary?
- Started by bigbite100
- Replies: 0
