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Exactly what i mean, if you can afford it and don't mind the small inconvenients, Monaco is definitely a good option. If you have 2-5m in assets and you're trying to move there to live things will be difficult, like i said it's not a place for small fish, the guys i know who moved there had at...

Let's say a dictator from Uganda with 250m in assets to play with will be more attractive than some belgian tax evader showing up with 2.5m euros. That's what i mean't by "The richer you are, the less conservative they get". There's always a way to bypass the system and AML controls for the...

Bump for more insight. I have been to Monaco, and have many friends who relocated there, both with legit and not-so-legit backgrounds. Regarding OPs comments that banks there don' have risk appetite at all it depends on many things: 1) The richer you are, the less conservative they get. (How...

Very true ! I mean at this level and if you have significant assets, it's definitely your responsibility to take appropriate actions early on to make sure they are protected in case a rainy day happens, and surely they do happen to the best of us. Even if you married an angel, it only takes a...

More freedom of action without the prying eyes of your local government. More privacy. More efficient accounting since i know several on-shore jurisdictions that make corporate accounting a total waste of time and money. More protection for assets. More versatility when it comes to dealing with...

It's really a case by case basis, the main points that can trigger an automatic rejection are: 1) UBO from a risky country 2) Risky/Compliance intensive business 3) Lack of proper business plan/business is entirely online/gave them a hard time during their KYC process and it spooked them to...

Paypal is a bank registered in Luxembourg, sure them offering crypto is nice for mainstream attention but i doubt anyone established in the space will be wanting to use their services knowing they will basically rat you out to the tax man the first chance they get. However it will be good to...

1) Tell her as little as possible about your ventures, assets, investments, etc. If you did then you already lost the game if she decides to hire a decent enough lawyer. If not, move to part 2. 2) Incorporate a company abroad, where the UBO registry is closed, transfer your startup ownership to...

Mauritius banks tend to work decently with Seychelles IBCs (Last time i heard). Simplistic banks, many have dated systems but they do the job fine if you're clean and just need a bank account. Transferwise accepts them too but be careful with your turn over and back every transaction with decent...

To clarify a few things, 1) Estonia/Latvia are mainly used for complex offshore setups, funnels to render the origins of the funds harder to locate in case of an investigation. A lot of the banks there will never take risks with small players but will break a lot of laws to protect wealthy...

Most would allow it to a certain extent, but with those banks you are playing russian roulette. For that kind of movement i would just use crypto and withdraw slowly to an offshore bank account. I wouldn't use a corporate account nor try to smuggle cash through borders as it's fucking stupid and...

Pervesk is ran by eastern european mobsters for the most part. Be careful trusting them with any money at all. Typically, a successful EMI is either 1) Backed by a real bank and has the customer base for it or 2) A laundromat with fake compliance, little controls and mostly dirty money flowing...

The moment i saw sketchy cryptocurrency projects, exchanges and literal money laundering rings out of Panama (Crypto Capital) banking with them, i knew this bank was going to go bust sooner or later. Their risk appetite was too big to be taken seriously, let alone be serious about their...

With all things considered the UAE is safer than most banana republic tax havens, Malta or Cyprus when it comes to banking. The only real issue is that the regulatory landscape can change very rapidly and affect your compliance/tax implications. Democracy wise well, i couldn't give a rats a*s if...