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I get it, but its a lot more money than just 24K per year ... and she's not a fan of her Italian bank ... so gotta research more options ... first is to understand if the brokers she likes will work with offshore banks ... or if it will have to be all crypto transfers

Sounds like it might be better for her to look into starting an offshore company to do trading and pay herself <$11,902 to her Ecuadorian Bank to avoid taxation in Ecuador. Will need to consult the brokers about how this can be feasible. More research ... thank you for the heads up.

Unfortunately it was told to her by an Ecuadorian Accountant. I'll ask her to find a 2nd and 3rd opinion.

How about establishing a corporation in the Bahamas and living in a Territorial Tax country? What banking do you recommend for a Bahamian Corporation?

Excellent, I'll do a comparison for her of Revolut vs Zenus ... appreciate the info! This community is great!

Thanks for all of the great information, going to look into Zenus and Revolut tomorrow ... would Revolut have a probem with her registering with her Ecuadorian ID, etc? You're advising its best to register through Italy first and change Tax Residency later?

I have an Italian friend who trades Forex ... she recently moved from Italy to Ecuador because she wants to trade Binaries again (no longer allowed in Italy). Ecuador will not tax her foreign income, as long as she works remotely (which trading falls into). While she can register with Brokers...

I believe the OP was asking about personal accounts, this is what I found ... Do you offer personal bank accounts? Our goal at Currenxie is to be the best online b2b business account on the market! For this reason, we are exclusively focused on business accounts. https://www.currenxie.com/en-hk/

ahh yes, was thinking Wyoming, or Delaware

Like keeping the funds in a brokerage account tied to the US LLC?

So, you can accumulate wealth inside of the LLC until such time as for instance: you can declare Tax Residency in a Territorial Tax country. Do you have the option of not paying yourself personal income? Or is it best to always pay something?

How beneficial is a Panamanian Permanent Residency if one doesn't plan to live there ... only good for a Plan B? Banking? Real Estate? Is the Permanent Residency even worth pursuing if there's no plan to live in Panama?

How beneficial is a Panamanian Permanent Residency if one doesn't plan to live there ... only good for a Plan B? Banking? Real Estate?

Luckily, my full-time job allows me to make 6-figures with 2 hours a day of work. This year I'm going to work on allowing my investments to make me more than that with less work. I'm hoping this falls into 3 risk categories Low Risk: 10% Medium Risk: 20% High Risk: 30%+ Maybe this is a pipe...

In a divested portfolio of investments, what percentage of annual growth is considered successful? I've been told 30% annual growth is the number to shoot for.

Is anyone familiar with this process? It looks like the previous Friendly Nations Permanent Residency Program from before 2022 ... but still valid for Italian Citizens https://studiopanamaitalia.com/en/p...denza-a-panama-per-italiani-procedure-e-visti Reading between the lines it also sounds...

2 years - Dominican Republic, Peru, Argentina 3 years - Paraguay

Also found this Palau Digital Residency ID - To Open a Crypto Account on River Exchange? (Field Report #12)

Don't forget there is a language requirement ... and the processing time can be pretty long This is an ideal way of getting Italian Citizenship faster than Naturalization if you cannot qualify for Descendency. I wonder ... if you were to give a value to Italian Citizenship (assuming a non-EU...

Looking deeper into DR ... possible 6-months living = Citizenship Unsung Programs Part 7: The Dominican Republic's 6-Month, $200,000 Path to Citizenship - IMI - Investment Migration Insider