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That's what they do. From what I understand, they offer an unique IBAN for every new beneficiary so you can deposit. Every transaction must involve a currency exchange, like EUR/USD or GBP/USD.

Preferably Kraken, but could also be Liquid, or Gemini. My approach was bank --> Transferwise --> Mistertango --> Kraken Now I'm trying Swiss based Ibani as an alternative to MT, let's see what happens.

Got the same message today. Any suggested alternatives for channeling funds to a crypto exchange?

The most famous company is Escrow.com, though nowadays they are slow and full of regulatory bulls**t. I wouldn't touch them with a 10ft pole. The guys at escrow.domains will also handle other types of escrow services. And if the product is a domain name, nothing comparable to DAN.com.

Crypto.com card requires MCO (their own token) staking for 6 months, the amount of which depending on your version of the card. The most expensive will cost you north of $200,000. As of today the card is only available in the US and Singapore.

It really depends on your type of business and how you use your Paypal account. If you run an e-commerce for example and you do frequent withdrawals and leave a low average balance, the chances that they will do random blocks/checks is higher, because they feel you could be trying to dodge...

I don't have means to deny what you say but let's have a rational look at this. So the bank would go through all the trouble of extensive KYC and account opening procedure, which is quite cumbersome for them, with the hidden agenda of holding my account hostage and closing it a few months later...

I have a BVI corporation and decided opening a bank account for it in Singapore. The two main banks there are OCBC and DBS. The later was nominated best SMB bank in the world last year, but both have an excellent reputation. As most readers in this forum know, opening accounts in reputable banks...

There aren't many countries outside CRS nowadays and you shouldn't rely on that only, because they might enter in the future. Easy of account opening, variety of services, customer support, stability, the bank's own finances, etc. - are factors to take in account more than being in or out of...

AFAIK you need a visit or someone there with a PoA. As for safe or unsafe, it depends on the bank, but the countries are more or less stable. I wouldn't mind putting some money there.

There's no conclusion, you must gather all the info from as many sources as possible and decide yourself.

You're just speculating by buying gold and stocks. He asked about alternatives to EU banking, and a combination of the solutions I outlined is as sound advice as you can get for modest amounts. EMIs are convenient for small amounts as they tend to offer cheaper /faster transfers. No one ever...

It depends how much we are talking but non-CRS/non-bulls**t places like Georgia in Armenia, in a combination with EMIs such as Transferwise, seem to work well for many people here.

You can get better banking outside EU. Even in the US. One step at a time, but do what is possible today. As for your home country, are you sure they will ask you for a tax certificate after 1) you leave and cut ties with the country and 2) present a tax certificate for your 1st year out? It...

Do you mind sharing which bank will request you a certificate every year? That's unusual. I'm sure you can get better banking.

Hello and welcome to the forum. This is a complicated subject but I'll try to summarize. You don't need a tax residence certificate most of the times. Typically you'd need one if your high tax home country explicitly requires it for breaking tax residency there. Most countries don't have such...

Most Africans, most Asians (exceptions to Singapore, Japan, maybe a few others?). Surely they want no business with Nigerians, Indians and Pakistanis. It's how the world is divided nowadays.

Well the question is, why would you want to open an account at one of the smallest banks in Georgia when, as you pointed out, TBC and BoG are welcoming? Also, it could have to do with your passport. I know that BoG will refrain from opening personal accounts to certain nationalities.

For anyone interested in this topic, I found one article with a few answers https://www.solblum.com/brazil-agre...tories-tax-planning-privacy-asset-protection/

Did you use a local agent with a PoA?