Recent content by buenosdias

I met with a family friend who's a Gem consultant and a trader, and had a conversation about how people buy gemstones as investments. I haven't seen this concept in mainstream investing, so it's rather new to me. Do any of you have any opinions on this subject? Thanks in advance.

Saw this article and thought it was kinda cool. 10 Crypto Interest-Earning Platforms Worth Checking Out What are your ideas on this? Any of you use something like this?

Oh, that makes more sense. Thanks for clearing that up mate!

Thanks for the response mate. I do have a connection with the bank, but given the nature of the deal, I want to make sure everything is in order. Although I can't imagine them speaking to my Russian bank and trying to get anywhere. Even I can't get a response right away and I'm a premium customer!

I have a several of bank accounts in countries like Russia, UK, Germany, etc. Mostly personal. Now, I'm looking to get financing from a local bank (Sri Lankan) for a deal I'm doing in Sri Lanka, but I need to establish myself in front of the credit committee and show them that I'm not broke, and...

Interesting. What services do you use now, if you don't mind me asking?

I wonder whether the same thing will happen to Singapore. It's already the most expensive in the SE region, and laws are pretty tight. Or it'd be like Switzerland. Either way, it's game over for Hong Kong. Mainland will lock it down with their tentacles, and it'll ever be the same.

Some people are fleeing HK. Good for SG. Though I must say, this will increase the price of doing business there, along with the real estate price.

Yep. They're very attractive right now, and probably will stay that way for the foreseeable future. Large percentage of conservative folks who don't meddle in other people's business (except when it comes to gossiping though ), and they have good stuff going on for them. Not a haven in any list...

Mate, every place you mentioned is hyped up. They're not what you think they are. The cost of starting up will be much higher. To get a resident/business visa, you'll need to show either a substantial amount of money, or a consistent above average income, given your self-employment nature. To...

Yes. It's legal for any gov to ask anyone for a financial statement of their citizens / tax residents. And they'll (paypal, payoneer) gladly give them away. The key with the company is that you'll get much more benefits than going solo. You can write off business expenses, write off certain...

If you don't trust governments and states, try corporate bonds of private companies.

Here's the thing. If you don't wear warm clothes in the winter, you'll get frozen. If you don't take the necessary steps, you'll be taxed (rather unfairly). Just setup a company for your freelance practice, and start doing business via that. That's just the start.

Even worse, since they might think you're there to flood the local gold market. Stick with the cash plan.

You'd still have to get in and out the countries, and go through authorities. Even if HK let's you come in with a bag full of cash, you'd still have to get out of France. Last time I checked, customs don't let people fly w/ cash. But, you can act like a baller, and tell that the cash is for a...