Search results

Very helpful thanks Sols

That's really helpful and some great leads. I'll be analyzing then now Do you think it's better going with the above rather than local lawyer places on the ground in the isle of man? For others i found a couple of potential local lawyers on the ground: GreenFinch - Accountancy | Book-Keeping |...

Anyone got a super quality firm for incorporation and all the help that we need to come after that. The jurisdiction i'm after is the Isle of Man. I saw Turner Little recommended in the article here, but judging by the negative reviews online, i'm avoiding that one. Not looking for the...

How often can we create personal loans from our company ? Is there a limit ? I want a regular loan to put into whole life insurance ”¦ Last edited: Jul 10, 2021

Can I ask, regarding the foreign company (who own the US LLC) What would be the difference between the foreign company giving a loan to the US LLC to invest , and just investing through the US LLC directly ?

Thank you! That is really interesting what you said here ...

I also really agree about applying in person at Makati office .. i was going through the process but had to leave country suddenly before completing. They are really helpful and it's something easier to do by yourself rather than hiring someone

that's great idea ! thanks for that Would you have a good advisor to recommend on those ?

That's a really good call and I didn't think about asking them I've already had my calls with them but will ask at future date soon. Thanks for bringing that up

Actually all above is from US attorneys I'm chatting with - both LLC disregarded entity and US corporation I'm making conversation here to see if people here have more ideas on this topic or other useful things to share or would like to discuss what they are doing. I don't act randomly from...

here's another idea create a US corporation which would just tax profits at 21% distribution to isle or man would be another 30% or if I moved to some other places as resident it could be 5-10% though if I just invest all profits back in USA it'll be 21% tax , which isn't bad for opportunity...

I'm wondering if my US LLC needs a bank account for it's investments in USA The situation would be: - offshore company 1 creates profit from a business - offshore company 1 wants to invest profits in USA - offshore company 1 owns US LLC to invest through - offshore company 1 creates one bank...

I don't understand why people think it's fine just to take money out of an offshore company with no accounting - what offshore companies are being referred to here? We can take money out of our company but depending where you live there could be withholding tax or tax to the individual it is...

Could you live in a country which has zero corporate tax, pay the corporate tax while you are there, as well as any tax obligation for individual tax obligation and dividend distributions. Then break ties with that country , move to a zero tax personal income country for a two years and then...

i do understand what you mean if you try and get this residency and then live the rest of the time in another county - it's not designed for that and of course that would never work. To me it looks like this program is really for perpetual travellers. Or imagine someone taking three years off...

Thank you for that - i see a rabbit trail coming up for me :) Do you have a good one to recommend ? I've found someone in the US who does whole life insurance for non-residents. He prefers. universal index life but can do whole life too. I need to go to the USA to get it done though and...

there's a loop whole now (Georgia's High Net Worth Tax Residency program e.g. more than $64,000). If you can't meet the 183 days they will waive it and you can open it remotely though you have to report monthly by logging in and pay the tax each month and it'll only be good for someone who...

i would invest in a fund paying at least 15% annual with the cashflow paid monthly the cashflow placed into BSV

Retirement visa in Philippines is my suggestion they don't tax foreigners on worldwide income and it's a fun cheap country rather than a boring small Carribean island Perhaps just run a US LLC pass through as your company or if you want offshore i would think Belize or BVI (but you'd need...

I think Georgia could be really good bet for a 1% tax (small business status incentive), if you want a tax residency somewhere and you don't have to live in Georgia. As long as you don't stay too long in any other country to become a tax resident (individual countries have different rules)