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In reality no one in Thailand cares. Most foreigners in Thailand don't have a work permit, so no tax id number either. You don't even have to remit any money to Thailand. Thailand is mostly a cash society anyway. Just withdraw cash from your foreign bank account, happy days. I've lived there for...

I think you can do all those things in Portugal and possibly other countries by appointing a legal representative. However, what makes you think you can avoid paying taxes this way? If you register in any EU country you will be liable for taxes there.

I would set up a US LLC with local bank account or UK LTD with business bank account, although you will have to make very sure you are not a tax resident there since you are a UK citizen. Then as long as you don't remit the company's profit in the same calendar year, you're running a tax-free...

I recently came across this: https://tax-free.today/us-bank-account/ They are apparently able to open a business bank account with Citibank in Florida remotely. I'm in no way affiliated with them btw. I have no idea about the quality of their service.

Find a country where you can get a working holiday visa or work permit, this will allow you to easily open a personal bank account. AU / NZ where examples of this but is impossible at the moment obviously. You may have some other options. Also, I believe that if you're able to travel to the US...

Never had to submit those kind of documents to any bank or emi. I wonder if they're perhaps more selective toward certain nationalities?

Thanks for the REIT suggestion. Something to learn about for sure. Looks like property investing outside the USA is perhaps not as lucrative. Unfortunately laws in the EU are more favorable for tenants than landlords. It can still be a good and profitable investment but there aren't the same...

I have been reading lots on this forum the last days, which has been very informative, but why isn't there more talk about how to use the western banking and tax laws, i.e. 'the system' to our advantage? Pretty much what the likes of Robert Kiyosaki preaches. In a nutshell, using debt and...

Banks report to your country of residence. If you become a resident of the UAE they don't report to anyone, since you're a resident of the UAE.