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Since I hadn't used my Globcoin account for a year, I was curious about your claim. After some tests, everything seems to be working fine. I received two small SEPA transfers instantly into the account, I was able to convert between currencies at interbank rates, I was able to refer someone...

Yes, that should work, however I would double check with an accountant or tax lawyer in HK to ensure that's the case. I'd be curious to know if a permanent home can be a rental or it needs to be your own property. Also whether one is considered a tax resident immediately after moving into this...

Both Hong Kong and the UAE have double-tax treaties with Canada. Therefore, the CRA will be more lenient if you decide to keep ties with Canada (e.g. Passport, bank accounts, driver's license). In regards to the UAE, it is easy to obtain residency (by opening a fz company), however, to become a...

I haven't used them nor can I find any reviews online. However, they seem to be legitimate and work with BBVA and Evolve Bank & Trust.

That's what I suspected. The news often does a terrible disservice to the public by hyperfocusing on negative aspects of everything. There's no money in telling you things are normal, especially in other countries. Thankfully, traveling has helped me dispel a lot of these false perceptions. I...

@Admin My broader point was that countries with zero tax or territorial tax are usually not the best places to live. It's good to know what is important to a person before cutting all ties and moving to a foreign country. If money is all that is important to a person and quality of life doesn't...

I would be careful using a mail forwarder since their addresses are usually flagged as CMRA (Commercial Mail Receiving Agent) by banks, see this article for more details. Here is a Reddit post of someone who got flagged all three of his banks when he used a virtual mailbox service I have seen a...

@eRabbit I'm in a similar situation and I would consider looking into other countries besides Panama. I obtained the Friendly Nations visa from Panama 5 years ago, however, I decided it was not worth moving there. Some of the reasons why I skipped Panama (specifically Panama City) were: No tax...

In the client area, there is a section to generate invite codes (requires full name + email). I contacted someone from the company to get an invite 2 years ago.

Globcoin provides a French IBAN and is available to EEA residents. It's like a less sophisticated clone of Revolut. They offer a multi-currency prepaid card issued by Prepaid Financial Services. The Bank's BIC is PRNSFRP1 It seems like it's still an invite only service. If you want an invite...

According to this page on Starling's site, they might require a proof of address. However, I'm not sure what would trigger the address proof requirement. Perhaps they check your name, DOB, and address against credit bureaus or the electoral register to see if there's a match. I was not required...

Monzo has worked well for me so far. Feature wise it seems to be very similar to Starling Bank. However, with Starling I see there's an option to have a Euro account. Like Starling Bank, Monzo also has a full UK bank license. There are no account fees with Monzo or Starling Bank.

According to their website, they just require a passport and a UK address to sign up, similar to Monzo. It's a lot easier than signing up for a high street bank. I signed up for Monzo last year using a passport and a mail forwarding company in London. If you have a friend in the UK or will be...

I heard it's a slow process since the president himself needs to sign each new citizenship application. Furthermore, according to some posts on some expat forums, you need to be physically living in Panama for 2 years before submitting the citizenship application. However, I've yet to see this...

I'm not sure if it's related but Paypal in Mexico recently disabled the ability to use and keep balances. Now all accounts must be linked to a Mexican (or American) bank and any money transferred to Paypal will be automatically withdrawn to your bank. Existing balances cannot be transferred out...

I found some good pointers on this reddit post

Not sure if relevant but I made a similar thread here: Transferring funds onshore

I spent some time looking into it and it seems like it would be quite a battle proving to the Portuguese government that the income is exempt from tax. It seems that by default your income will be subject to the progressive income tax unless you can prove otherwise. I'm not sure if it's worth...

Another option I thought of was to become a resident of Portugal and take advantage of the NHR tax regime. As a digital nomad it should be easy to make the move to Portugal from my current EU country (where I have a residence permit but am still not a tax resident) As I understand it, if I...

This wouldn't be an issue if cashing out over a longer period of time. You could buy the bitcoins once a month and cash them out on the same day, avoiding price fluctuations. For a one-shot cash out scenario, you could buy the bitcoins with your offshore funds, send it to reputable exchange...