Search results
-
H
Which Reputable Banks Accept BVI LLCs in 2021?
I don't think so. I doubt most of these companies using cayman banks ever set foot upon the cayman islands. If you have a decent chunk for the initial deposit, you can probably get an account with a cayman bank. Much easier if you only want a personal account, as I was offered one a few years...- hdloader11
- Post #21
- Forum: Offshore Bank & EMI Accounts
-
H
Best EMI for receiving wires from USA clients and sending bank wire payments to suppliers in China?
I have no experience with caribbean banks so can't speak there, but EMIs, especially mainstream ones are pretty trigger happy. For example I had some bad experiences with Revolut. Even though all of my payments came from Stripe and were documented, they still held my money for over 40~ days for...- hdloader11
- Post #5
- Forum: Offshore Bank & EMI Accounts
-
H
Best EMI for receiving wires from USA clients and sending bank wire payments to suppliers in China?
I think the best bet is to not use an EMI at all if your income isn't from known sources like credit card processors. I'm using transferwise and sweating bullets every time I have to make large transfers. Take a look at CIM Bank, which should be useful since you will mostly be sending wires.- hdloader11
- Post #2
- Forum: Offshore Bank & EMI Accounts
-
H
Rishi Sunak set to increase UK corporation tax from 19% to 23%
I've realized that as long as you aren't a citizen or a resident, US is the best place to incorporate. No taxes for foreign owned LLCs that don't do business in the US, access to trustworthy high street banks and payment processors, and it is also very hard for your home country to find you if...- hdloader11
- Post #9
- Forum: General Business Discussions
-
H
Keeping large amounts in Transferwise Account?
I've searched around the forum but was unable to find any information on this. Did anyone here have experience with keeping large amounts of money just sitting there in transferwise borderless USD account, or is it too risky? I'm doing e-commerce and getting almost daily payments from Stripe...- hdloader11
- Thread
- Replies: 8
- Forum: Offshore Bank & EMI Accounts