Recent content by Roo

I just got a few transfers coming into my new airwallex account for a US LLC, 2 were fine the 3rd got blocked and now I've been waiting for a few days to hear from them although I sent their support monkeys the invoice for the transfer they blocked right when I created my account weeks ago as...

There are many airbnb owners who prefer cash or bank transfer without any documents, if you rent with them outside Airbnb they may not even ask for your documents if they know you, stay you used Airbnb for a month and then changed to direct rent. The list from Airbnb goes to Guardia civil or...

I think in most EU countries if you don't register they don't know you're there if you have an EU passport as you can just cross the border and stay unless you give them reasons to look for you. If you don't get a local bank account just paying rent to someone will probably go unnoticed along...

There is a UK phone number you can call, I sorted some stuff out with them on the phone, my experience was good

Hi, I came across Majority (www.majority.com) which offers US accounts without SSN. I'm assuming it should work for US non-residents. Has anyone used it?

I know that you can fly under the radar there if you don't stand out, even better don't get a NIE, don't get empadronamiento and don't get a bank account although not sure how you would rent without one, utility bills there are direct debit almost exclusively, even rent may be required by the...

I'm only talking about having an EU passport and showing up and renting a place, no idea about registering, I am aware the ANAF is desperate to milk money from anyone they can but not very competent. If you do need to register, I know the rules say you should but loads of people don't do between...

If you don't mind bad weather, the Czech Republic was the same and probably still is, you need an ID and cash, you can rent directly from the owner (beware of scams). I don't think they will look into you much, I know of quite a few people who didn't declare income there, worked in an office and...

I think that is pretty much crap, it may work on a EU passport since you rent a place and declare nothing nowhere but your rent payments will be visible to the hacienda (unless you pay cash) and if they come after you it may be a long and painful thing to prove you're not a resident there. I...

It's been a couple years since I've been there, it was a bit more pricey than Spain/Italy since everything was imported. Eating out was 15-30 euros per person for a portion of food. Public transport wasn't expensive but the buses didn't stick to schedule, drivers weren't very nice and decided by...

With an EU passport in Malta you can just go rent a place (you only need cash and an ID) and live there, no one will ask you anything at least not for a few years ;) Maybe if you actually go to do paperwork but otherwise no one knows or cares at least as long as you don't stand out in some way...

Does a US LLC have to distribute funds at the end of the year to the bank account of the owner? I read some confusing information about this, I don't really understand why that would be the case but would like to know what to expect.

@Sols due to territorial taxation no reporting to local tax office (I assume). The idea was to get a separate business account but to use the card from that account for personal/whatever expenses. That way no transferring to personal account which does not support my current location so it's...

Considering it's a foreign-owned LLC that doesn't pay tax is there a need to distinguish things as you won't claim tax deductions on any of the money?

@joystickstar is it ok to use the LLC account as a personal account? Asking because I would be interested in doing the same.