Search results

70k Lump sum -- depends if you are EU citizen or not. As EU citizen for example also different other possibilities to get Swiss residency without lump sum tax.. Liechtenstein/Lux/Monaco also depends if you are EU citizen or not

Look for example at Silvergate or Signature bank if that would be an option for you. They have many crypto exchanges/hedge funds and such as clients.

Switzerland as its best combo for taxes/secure/quality of life. Luxembourg/Liechtenstein -- very small and if you are younger maybe not best place. Monaco also quite nice if you can do the min requirements -- good quality of life and South of France good climate -- city of Nice close. Andorra...

I dont know if 'allowed' to paste a link but check for example here (please delete if not OK): https://www.ccmalta.com/publications/malta-residence-programmes I have nothing to do with the company -- they just have good summaries. You can also google for example for 'Residence Programm...

Hello, if you are NonDom on Malta and do not remit the money (meaning transfer to Malta bank account, pay your rent on Malta, pay with the credit card on Malta from the income) its considered foreign. However, the problem with playing online poker while being physically present on Malta...

absolutely agree on that. I looked into the Portugal NHR regime some years ago and it looked great at first sight. However, as @JustAnotherNomad correctly wrote, anything which is considered NonPassive can eventually lead into problems down the road. Then it can easily flip into a 'tax hell'...

thank you very much, very helpful. Yes, I'll be more cautious at the beginning and then see how everything works out. From your experience, which apps work in the UAE without being illegal? - Telegram - Signal - Zoom - Skype - Microsoft Teams WhatsApp I understood writing is ok, just calls...

thank you very much @azb1

Hi, I heard and read over the years some stories about UAE customs/laws and Expats getting into trouble. How is it 'on the ground' for UAE residents regarding: - being in the same apartment and unmarried (I heard before in theory it was forbidden, but seems to have changed recently) - use of...

Btw guys, which State would you prefer for the setup of an US LLC for trading purposes? Delaware for sure much more common and brokers/bank may ask less questions than with an Wyoming LLC?

Hi, I am not qualified to say anything about Austria Tax system, but some time ago I read different articles about Cyprus Organschaft combined with Austria residence. Google 'organschaft zypern österreich' and you will find several articles. However, I have no idea if that solution is bullet...

Wow DomP, excellent news with the US LLC for trading. 'I thought' as this income would be generated in the US when trading with US stocks, options, futures etc, then it would be taxed... The dividend WHT (withholding tax) would not be an issue for me. I assume with a US LLC its quite possible...

Hi, I'm trading professionally for a long time. From the Brokers above, I'd recommend IBKR and SAXO for active traders in stocks/futures/options. Reasons are: - Stable platform - possibility to use their APIs for algo trading - can trade many products in many countries - brokers are in business...

Hi, I read through the forum about the topic, but somehow find lots of opposing infos. Basically what I look for: - Freezone without audit requirement - It should be possible to use the Freezone Company to open corporate bank accounts or trading accounts like for IB or Swissquote I heard...

Thank you very much Lawyer101 - great advice and good points raised I'll going to check which CSP would be the best to work with there. If anyone got any advice/experience, would be happy to hear.

Really funny guys -- I thought 'Im the only one' with these specific questions (thats at least the impression I got when I asked different advisors and they looked at me with big open eyes) and saw you in exact same place. Great to brain-storm together :) Basically the trade-off I see for now...

Hi, which jurisdiction would you choose for the following: - Group of friends (less than 5) want to pool their money and invest in different startups/private equity - As it may be different investors/ticket sizes it would need to be different SPV for each investment (so no fund) - Startups are...

Are there any banks outside UAE you can recommend to bank as a UAE resident without having to show TRCs (for now)?

Yes, that would be also very good. I checked the last days several apartments and the 'shoeboxes' are around 5k. 'Nicer', small apartments with a good location like JBL,Marina (where one has cafes, gym, other things in walking distance) are to find around 10-15k furnished. As I'm there for 1-2...

Hi mrb, may I ask if you live in Dubai and speak from experience? I know several Dubai residents who bank abroad and were never asked about their tax cert (for now). It may also depend from which jurisdiction the people come from before they move to the UAE. In that case they may be required...