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  1. Panamood

    Please convince me. Real advantages of owning a corporation.

    limit personal liability? Yes, true. But this is not the US. People leave each other alone. Life more flexible? Hell no. Unless by flexible you mean dealing with lawyers and compliance requirements.....
  2. Panamood

    Please convince me. Real advantages of owning a corporation.

    I took advantage of the Friendly nations visa before covid when it led to permanent residency right away. Now its still doable but you get temporary for 2 years, then permanent. I live in Panama permanently but i believe 1 day every 2 years not to lose the status.
  3. Panamood

    Please convince me. Real advantages of owning a corporation.

    I spend less than 25K per year living here xDD. I like going to cafés, gym, beach & sex. No expensive bull2hit. Edit: I forgot my chess club membership: 8$ / month with unlimited terrible coffee hahah Last edited: May 31, 2023
  4. Panamood

    Please convince me. Real advantages of owning a corporation.

    Yes I use a Panamanian Local Bank (Banco Aliado). Once a year I withdraw money from Tiger Brokers to it and thats it. Also I didnt say it but no property taxes either. My apartment is < 120K so no taxes. My only expense house aside is health insurance with MAPFRE. 100$/month for 300K/year...
  5. Panamood

    Please convince me. Real advantages of owning a corporation.

    My case: - Single guy no plan to have kids. Made some money back in Europe. Paid taxes for it. Moved to Panama and invested it all as an individual in dividend etfs stocks & etfs. I live off those dividends. - I use Tiger Brokers to buy Singapore and HKG etfs & stocks. Dividend tax 0%. - My tax...
  6. Panamood

    Russian Citizenship by Investment

    Unable to answer Unable to properly answer that sorry. You will need an armenian lawyer
  7. Panamood

    Russian Citizenship by Investment

    It is still a draft from 2022. Not final publication yet. Significal contribution will be the ones I listed before. For more info, armenian lawyer
  8. Panamood

    Russian Citizenship by Investment

    On July 7, 2022, the citizenship law of Armenia was amended to provide the possibility of obtaining Armenian citizenship by making a significant contribution to specific areas. “Citizenship of the Republic of Armenia can be granted, without the need to comply with sub-paragraphs 1, 2, and 3 of...
  9. Panamood

    Russian Citizenship by Investment

    easier to do that by getting armenian citizenship
  10. Panamood

    Question Spain - 4 year fiscal residence exit penalty

    Only if you move to a tax haven. Check the Spanish official list because it differs from the EU. For example, Panama is a Tax Haven for EU, but not for Spain.
  11. Panamood

    Spain - do you have to declare your stocks?

    Spanish residents dont have to declare anything as long as they use a Spanish broker. Once they use a foreign one (Ib, SQ, Tiger... ) They have to declare form 720 if assets > 50K €
  12. Panamood

    An international stock broker and a bank account for a Cayman Ltd company

    With Tiger for deposits I use WISE or international transfers. Both ok. For withdrawals I have to tell my 'bank officer': Hey, I am about to send 34500$ from my brokerage account. This is the screenshot of the order. He says ok thanks. After 12-36 h money is in the bank. Also, no withdrawals to...
  13. Panamood

    An international stock broker and a bank account for a Cayman Ltd company

    Both are pretty much the same in terms of commissions and services. FUTU doesnt reach the australian markets though. I have used TIGR for 3 years now and pretty happy with them. Both are supervised by the MAS (monetary authority of SIN), SEC, etc... All the holdings are held in custodian...
  14. Panamood

    US Broker for Nevis company

    As I said, email them and tell us the response. Smbdy will find it useful for sure. Buena suerte!
  15. Panamood

    An international stock broker and a bank account for a Cayman Ltd company

    Up Fintech (Tiger brokers) is registered in Cayman so they will probably open the account. IB is a shareholder of them. Cons: No european markets. Only US, HKG, SIN, AUS Maybe try reach them out: [email protected]
  16. Panamood

    US Broker for Nevis company

    You should have chosen another place to incorporate. Anyway, you can try your luck emailing all the popular US brokers For more ideas we would need to know more about your situation
  17. Panamood

    Applying for Panamanian citizenship by naturalization

    Hello, I have read in many places that even though it is easy to apply for Panamanian citizenship after 5 years of permanent residency, you will never get it. I have the possibility to apply for it in little time and I just want to know if anyone knows some real case of success. Ty.
  18. Panamood

    As an EU citizen which site of Swissquote I should use, .com, ch or lu?

    If I go to the swissquote website, the .ch seems to offer credit cards. When I use the app, it is .Lu the one offering them. Anyone knows which is the good one for this purpose?
  19. Panamood

    US Broker for Nevis company

    You can try an Asian broker that will allow you to buy/sell in the US markets without issues on opening the account. The process is not inmediate though. Be patient. Some ideas: Tiger brokers Singapore (Backed by IB & Xiaomi) FUTU hkg (Backed by tencent)
  20. Panamood

    Which active "banks" are CONFIRMED to be scams? Not one you had bad experience in

    I know St George Bank from Panama and it is not a scam at all. Even the starbucks in Calle 50 banks with it.

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