Recent content by moneyhoney

I didn't get this, can you elaborate? Oh, perhaps you meant not distributing the dividends for years (would be taxed as income, that's crazy), postponing it to a year where you won't be resident. I see your point. But again.. let's wait and see; this needs a law, and many people will try to...

This is a good take. This time they need a law for that, not an interpretation from the Revenue Dept. I would say they will eventually do it, perhaps starting from 2026 or something. They cannot do it for this year, same reason why they didn't do it earlier in 2023 for the remitted money. They...

I completely disagree with that, and actually, it's not me to say, numbers say a different story: Period - Average Annual Growth All Weather vs S&P500 1973/2021: 9.60% vs 7.89% 1980/2021: 9,60% vs 9,39% 1990/2021: 8,64% vs 8.83% 2000/2021: 7,80% vs 5.77% 2011/2021: 7,55% vs 12,12% (the only...

Gov investment grade are just safer, much safer, in the long term.

Hi, This is my version of the Ray Dalio All Weather, with a focus only on EUR (but obviously largely exposed to USD/US anyway). The China exposure can be avoided, it's personal. The idea behind this is that should work with all the scenarios and the only thing you should do would be, every...

Would it still be needed to declare the UBO right?

Yes but it's not recent, so would be clear that I haven't declared it in the previous financial years as it was supposed to be. Not sure the accountant can help with that.

I do understand what you mean; what I don't understand is how to justify the company having a crypto income/wallet if it never invoiced for these transactions. Am I missing the point here?

Yeah, fiat on a business will be my final choice if I don't find a better one. Regarding your second question: I feel like I'm a bit too exposed to crypto, so cashing out and buying a condo would be nice. I don't need to rush into it, but it's something that would be good to do eventually.

FIAT in the form of cash? I can get that already, just want the money in a bank account. If personal is better, else I will move it as a business eventually in some way.

Cold wallet. Wise won't like any incoming funds from Kraken and might ask itself for some source of funds doc. Not sure gift or private sale would be viable, but I was looking for something like that, like selling some luxury watches. But not sure.

This makes sense, but the company didn't invoice the amount, so there is no "crypto wallet" for the company. Am I missing something here?

Thanks for taking the time. I can document the source of funds, not with a lot of docs but should be enough I guess. But since I also use the same bank for my business, I'm pretty sure they wouldn't like the money being funneled as "personal" when it should be business; and unfortunately, I...

Hello everyone, I have a decent amount of cryptocurrency and I'm interested in using it in real-world applications, at least partially. Initially, I didn't anticipate this growth, so I didn't incorporate these funds into a business entity, even though they were acquired through affiliations. My...

Thanks guys for taking the time again. So what I read in the ebook I've attached earlier is simply wrong (full ebook here JFYI: Purchasing A Condo In Thailand As A Foreigner Ebook.pdf). They write on the website to be both experts in real estate and crypto so I would have been interested in...