Recent content by pieceofmind

Forget the price, Bitcoin and Ethereum were invented to solve a problem that hasn't been fully realized yet. We know the govt economies don't add up. Once it falls, that's when the purpose of Bitcoin will shine like a blinding light. Price will follow. But let's not put the carriage before the...

Jeffrey Sach's lecture to the EU parliament was fire and helps answer this question. Spoiler: where Russia will invade next depends on how much war the US and Europe want. https://twitter.com/x/status/1892990169558721024

The first priority is severing residency from Canada which is not an easy thing but is manageable. It involves closing accounts, ending your govt benefits, selling everything while keeping sales receipts, closing businesses, exit tax etc. Search Madan accountant who specializes in that. I cut...

Are you a US citizen? If so, you can only have the first ~$120K tax free with foreign earned income exclusion. From there, US taxes you on worldwide income. That's great until you're making like $500K+, then you'll want to get serious and get a 2nd passport and renounce your US citizenship then...

Ya my Wise account was completely crippled when I had a residency in the UAE. Royalty owns banks and communication and are important pressure points for controlling a people.

Wow @JustAnotherNomad you are not fun to work with. We're all trying to be collaborative and no one is claiming they know everything, just sharing thoughts and research. Go air out your arrogance and go troll off on Reddit, this forums is for adults. You really spoiled this thread, I hope I...

https://phl.hasil.gov.my/pdf/pdfam/GP_21052020_2.pdf “Where business operations are carried on in Malaysia, the business income derived is subject to the ITA. Despite the absence of a place of business in Malaysia, business income may be deemed to be derived from Malaysia and is subject to tax...

yes traveling to Singapore would resolve management and control issues. For PE, the approach would be “I would put software IP on the balance sheet which is code, libraries, and trade secrets that I've come up with over the past few years. I would have a mailbox, phone number, and even a Samoa...

Ya traveling as a “Digital Nomad” was a little loose terminology. There is an APEC business travel visa where many Asian countries are a part of where you can do short term business activities there: https://www.apec.org/groups/committee-on-trade-and-investment/business-mobility-group/abtc And...

This is bad advice. Play the game instead of cheating, otherwise you can go a downward spiral a decade later if any govt ever wants to call your hand. If there's a smarter, simpler way, im all ears.

Riseworks dot io is interesting

Yes approved and fully operational in many currencies, including USD. They gave me my own SWIFT account number in this virtual Hong Kong bank account (multi-currency), and local UK and US accounts. They only offer a Visa/MasterCard hooked up of your a resident of Hong Kong but not otherwise...

I was able to open a Currenxie account for the Samoa corporation. Cautiously proceeding...

Thanks for clarification, I stand corrected about Malaysian dividends being taxed. Since it's a single-tier system, if the corporation was already taxed (3% in Labuan for example), it is not taxed again. Or if it's foreign-sourced, but will be taxed when repatriated. Are the dividends from the...

I'm exploring leveraging a Labuan company to get a residence in Malaysia and maybe switch from my Samoa corporation. If you do become a resident in Malaysia and are the UBO of the Labuan company, I'm not sure if the dividends are tax-free because the control and management of the company can be...