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Assuming you don't create obvious ties to none of these countries and that you're not a citizen of any of them, I'd say pretty low. Been there done that.

Well of course. But use your judgment! Don't have a key in your current location, don't use a WeWork t-shirt and don't go regularly to an office. When an airplane falls it's always a confluence of factors. Same here! Be discreet, strengthen your ties to your "residence" country (buy a property...

On a strictly technical level @JustAnotherNomad could be right - meaning if you are spending 3 or 4 months in each country and your home country doesn't have a treaty with where you are staying, then you are due taxes on your current location. In practice I don't think that there is a single...

Address and ID are enough to open bank accounts around the world while self-certifying that you are a resident and a tax resident of Paraguay because 1) You have ties to the country; 2) You don't have stronger ties to any other country, including spending over 6 months per year anywhere else...

You must not be entirely absent from the country for a whole 3 years in order to keep your resident status. In practice this law isn't enforced. Tax residency is a whole different beast, check out prior discussions. Regardless of an official tax resident status which will require spending 6...

I'm no expert in bank regulations but based on the fact that I do have a multicurrency account in the continental US, I'm pretty sure this is not the case. Hint: think of local branches of international banks.

Without goint too deep into which bank, the process took months (final approval by the board hit a long queue) but was rather simple. My Registered Agent introduced me to the bank manager, I explained my business model and source of funds, then I filled a thousand forms, signed a thousand...

I have a personal IB account and gave up on the corporate one due to KYC. Now I'm trying Saxo Bank and Investors Europe, but haven't managed to open yet.

Yes I saw that list. I love Paraguay because they're so low profile that even the OECD forgets about it. I'm not using a US LLC. I use a IBC company in the Caribbean.

Actually I now remember I did open an account at Bankera for SEPA access. While not technically a bank, it's in the EU.

I have opened bank accounts in the United States (personal and corporate) and Singapore (corporate), as well as in a variety of other less hot jurisdictions, all while using the Paraguayan address for the beneficial owner. Also used it for stock brokerage and crypto exchange accounts and had no...

I purchased property. You don't need to to that in order to have the PR. An address is kind of assigned to you in the immigration process and I understood (without asking) that they have a pool of addresses which they use for "immigration purposes". So that virtual address goes into your Life &...

Price was $2k EUR plus travel costs, or whereabouts. I think it does mean a lot if you live like a nomad or a semi-nomad. Getting the ID doesn't mean you become an official tax residence by magic - only living in Paraguay continuously does. Since I don't live in Paraguay (nor anywhere else for...

I have used them. Very professional and courteous. They advised me to go to Asuncion for 4 days, but the day after I arrived the process was complete. The ID was mailed about 4 months later to my hideout in Asia. Don't take my testimony as an endorsement though. I can only speak for myself. I...

You can perfectly do this with crypto. Have your partner buy one of the more privacy-centric cryptocurrencies such as Zcash, or Monero. Have these coins sent directly to your wallet. Then look up on a privacy-centric exchange such as HodlHodl how to sell them in your country for cash. If Zcash...

You're an American citizen. At the end of the day, you know you won't escape from US taxes beyond FEIE. I think complex structures won't help your case. Make your life simpler and get a residence in a country where a permanent residence visa is easily attainable, with low tax and an agreement...

Not only the location but the qualification. I have a personal brokerage account in the US, and dividends from US companies are taxed 30% automatically. When I asked Investors Europe if my company would be taxed the same for receiving US dividends, they says that YES; however, only until they...

Not looking for day trades, mostly long term positions and occasional trades. InvestorsEurope wants to charge me roughly 0.30% per share, plus 0.1% p.a. custodian fees, plus $250 of FATCA bulls**t fees. Not a terrible deal but I'm finding their customer support abysmal.

There's no law saying that you must be physically there. Many banks will require so, especially in the retail end of the market, due to the complexities and additional costs for doing it over distance. However, if you have the funds you can open a private banking account in the US while hiding...

Is Transferwise possible though?