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You just made your life a lot harder, as most secretive/uncooperative jurisdictions are on black lists which make it very hard to open bank accounts. Maybe you are lucky with Transferwise. Can you do it? yes, but you'd better have a sound business plan and compensate your lack of transparency...

I know, I have been traveling through space and time using ancient stone circles, it doesn't get more special than that. :p

The people that are doing this Paraguay thing are not living in their home countries while claiming to have their center of life in Paraguay. That would be really dumb. However, doing this Paraguay thing while being a permanent traveler, or switching between 2 or 3 locations during the year, is...

Look up for Cook Islands, they have a solid Trust legislation and an uncooperative legal system.

Some banks in the US offer EUR accounts as well. Look out for European banks with US branches.

Put yourself in the position of a banker which must decide whether to accept you as a client. Red flag number 1: Offshore company based in a grey/black list country Red flag number 2: Consulting business If you filter out the 99% of legitimate bankers that don't want your business because of...

But where do you want to open the bank account?

Why not get residency in Brazil directly? It can't be that hard.

I used them daily. While from time to time they ask details on certain transactions, it seems to follow a random pattern and so far, no problems.

Just normal documents, like passport and proof of residency. Here's a little secret: OCBC accounts for non-residents come with high minimum requirements, such as S$200k balance. However, you may open a trading account at OCBC Securities with just $1k, and they'll open a bank account for...

Does DBS offer a credit card for foreign companies? Anything other than a SGD debit card?

30k minimum per balance, i.e. USD30k if you have USD, plus SGD30k if you have SGD and so on. I contacted them directly, I see no point in using an agent for this introduction and it was so simple and easy that if the agent implied otherwise it'd be an outright scam.

I use surfroam and like it a lot.

I brought cash. It was a better decision because as I discovered later, ATMs in Paraguay only disburse $300 per operation, and you pay a fixed fee in each withdrawal.

About $2500 in fees + a $5,000 deposit which you can redeem at the end of the process. It's for proving you having "financial means", quite funny if you ask me how one could establish somewhere and live off $5,000. Regardless, you must pay the deposit in cash and only you may redeem it later on...

The Life & Residence certificate only says that you live in a certain address, it has nothing to do with tax residency. I never had any problems opening bank accounts in Paraguay and abroad (including the US), offshore companies, brokerage accounts and crypto-exchange accounts using the LR...

If you do the immigration process by yourself, then you need to rent an apartment. If you use a good consultant they'll arrange for an address (don't ask me how) which can be used for official purposes, and for which the government will issue a Life & Residence Certificate which is the best...

In my case I never bothered getting a TIN there. With the ID and a certificate of residence (you get an official one stating your address in the country), I was able to open offshore bank accounts and register companies stating Paraguay as both my residence and tax residence. A TIN was never an...

Thanks, any links to that?

OCBC - a visit is required. It seems to be a demand from regulators. Also for some reason individual accounts for foreigners have a much higher relationship balance. For most banks it seems you can arrange a visit to a branch overseas if there is one.