Moving Outside EU, but where?

[carlc]

Definitly keep the money outside. The Belizian dollar is⁤ worthless ouztside of Belize. Pegged 2:1 to USD. A black market exists that trades cash⁣ against USD and MXN at lower rates.
The local banks do not have USD accounts.⁢ There are some "offshore banks" licensed to carry USD accounts within the country. These are︀ also to avoid. See prominent insolvencies of Choice Bank and Atlantic Bank. If I would︁ have to pick one I would go with Ashcroft's Belize Bank International.

 

[Protect Your Wealth]

You can move to Philippines with a permanent residency.

Requirements:

1) Open a bank account‌ in the Philippines and deposit at least 75.000 USD (you will get that money back‍ when leaving the country)
2) Clean criminal records in your country of citizenship (unless you⁠ lived abroad for the last 5 years)
3) Legit source of income
4) Not being⁤ a citizen of a country sanctioned by the Philippines

Pure Territorial taxation (like Panama or⁣ Paraguay), you need to stay 180 days per year to maintain the residency.

Honestly it⁢ ain't that bad as a country to live in, people are welcoming and you can︀ keep most of your money abroad anyway.

 

[bibing]

Don't forget to‌ get an health insurance

 

[Protect Your Wealth]

A good Health Insurance

 

[cryptofriendly]

In my own experience (cut my foot badly when walking in Manila in the rainy‌ season), the PUBLIC hospitals in the Philippines are FREE OF CHARGE, you just have to‍ buy the medicine outside.

This was visiting as out-patient, once in the emergency room (only⁠ that was 'semi-active' after 8 pm) and once as a normal outpatient the next day.⁤ Just for wound cleaning and a tetanus shot though.
They were nice, and didn't want⁣ any of my money.

 

[Jock]

Also QUOTA Visa. Not sure about now but requirement was just to move about 20KUSD to︀ the PH and show the proof of transfer. After that you can immediately remove it︁ / spend it. Permanent residency for life with only a once a year annual report︂ (visit to Immigration), which can be skipped and done later if not around.

 

[Xshore]

Interesting! A bit unclear if you need to have the special⁣ professional qualifications and show the funds, or if only funds is sufficient. So no minimum⁢ stay requirement for this visa? And if you're from a small country it could be︀ easier to get, as there are max 50 from each country every year accepted.

 

[Jock]

Another name by which it was referred to, was investor`s visa. The funds were officially⁣ for "starting a business" although no proof of this was required neither was any proof⁢ of actually starting a business. It was simply show that the funds have been credited︀ to your account. No requirement to actually keep the funds there or show that you︁ actually did anything at all. It is the strongest visa. Even get to use diplomat︂ lane at the airport. No minimum stay requirements.

 

[Jock]

No professional qualifications were asked for. QUOTA IMMIGRANT visa.

 

[alley]

Have you or do you live in the Philippines since you know that much? are you‌ an US citizen?

 

[bibing]

Do you have this kind of visa for yourself?

 

[Radko]

I also left Cyprus over a year ago.‌

You should visit Malaysia.

 

[Jock]

Yes live here. Not a US‍ citizen. Have Quota immigrant visa.

 

[bibing]

1. Did you apply it by yourself or did you use an agent/company/"fixer"?
2. Do you need to live a minimum amount of days there to renew (as far‍ as you know)?
3. Can you tell me what docs you gave?

I have PH⁠ wife, we are living in EU, but would love to get permanent residency in PH⁤ (and their ACR-card) as long as I don't need always to live there to renew...You⁣ know, PH is not taxing foreigners on their overseas income at the moment (Thailand used⁢ to be like that but changed since this year for example). So PH residency would︀ be great to be used as upfront when doing business (registering US LLC, offshore bank︁ accounts, etc).

 

[Jock]

1. You want Jurgen at https://www.foreign-assistance-center.com/index.php/visa/quota-visa
2. There is︂ no renewal. It is for life. Just an "annual report" which can be skipped and︃ done later, but like everything here, nothing is clearly defined or consistent in terms of︄ implementation. Everything is grey. Country is a dysfunctional circus.
3. Over 10 years ago for︅ me. Requirements change. Was straightforward but need police clearance from home country that must then︆ be certified by your embassy (which refused to do it as it was a police︇ cert. LOL).

 

[bibing]

@Jock thanks for your precious info.

Last question
1. Do you remember if you needed‌ to show a lot of money?
2. How long was the entire process?

I know‍ it was 10 years ago. Just to have an idea.

I will contact Jurgen to⁠ know more about it as well

 

[Ani]

Reason for you?

 

[Ani]

thx I will check this. I need to visit Philippines as tourist to see the first︀ impression.

 

[Jock]

It wasn`t that much.⁤ Took about 6 months.

 

[NewHorizon]

Does someone have experience with how widely spoken English is in Costa Rica? Maybe it‌ could be an option for OP as well.