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It seems Abu Dhabi has eight free zones but none for consulting services.

@ledger so you say go for Abu Dhabi FZE rather than RAK FZE? Do you have a link to the discount offer?

Technically yes but nothing prevents them from putting another address, either because they have more than one (most UAE residents are expatriates) or because they might want to use my service regardless. I want assurance that something like the above would be enough to avoid problems and if...

Why don't you use Transferwise?

You said that this is US derived income but in the first post you said you planned to simply trade stocks and crypto. If you're simply trading in a US broker that's not considered US derived income. If you set up the IB account after you gained residency in the new country with a territorial...

The relationship balance is not a problem. The setup and maintenance of a ICC is much lower than a FZ thus it doesn't make sense if you're not doing business in the UAE nor using office space. I heard ADCB is friendly but I needed to confirm with someone who tried then. I'm more worried...

Would anyone share their experience setting up a RAK offshore company (not a FZ), ease of bank account opening, etc? Is the company subject to audits or must have a local accountant? I'm thinking of an online consultancy business. Since RAK offshore companies are not allowed to conduct...

If you buy a ready made company with a bank account that means you're buying an existing business and all of its liabilities and transaction history. Are you sure you know the company in depth? Or maybe you're buying a fake business which was put together for the purpose of setting up a bank...

The safest way would be to FIRST become non tax resident of the UK and go live elsewhere. Make sure you break UK tax residency properly and become a tax resident of a country with a territorial system, such as Georgia or Paraguay. Once your personal tax residency is set up properly you don't...

You can open an account at Sabadell in Miami with a BVI corporation which fits your requirements. They are crypto friendly though will ask questions on every crypto transaction. You get accounts in USD and EUR. However the initial deposit is high.

Also check out SurfRoam, the rates are very reasonable and works worldwide, but it's for data and SMS only. I know you asked for calls but this could be used in conjunction with some other solution.

You are the account holder from day 1, the PoA is just for opening and retrieving the card/token for mailing to you and that's pretty much it. The lawyer/agent has no further participation whatsoever after the account is opened, and no one is holding your money, or acting in your behalf. Every...

Thank you for clarifying the obvious, I hadn't realized that was necessary.

Sorry I don't get your point, it sounds like some weird conspiracy theory. You may send an email to SOLO Bank (www.solo.ge) or go directly to their office at Chavchavadze Avenue in Tbilisi, ask the clerk for instructions on how to open an account with a PoA and they will instruct you. So, is the...

You can open a personal bank account in Georgia remotely with a service provider and a PoA. Generally banks won't open remotely.

It's a little rude to call people idiot because they didn't give a thorough, thoughtful answer, or the answer you expected. This is an informal discussion forum, not a session of congress. Also AFAIK it's forbidden to advertise and/or name providers in this forum if you don't have a paid...

Between $3 and $4k through some service providers.

It is not possible to open a bank account in Georgia for any company not incorporated in Georgia. Even if someone gives you a slightly different answer, it certainly will not be possible for a Belize company. Last edited by a moderator: Apr 1, 2019

Very easy for Americans and Europeans, not so much for Africans, Arabs and Asians. Investment between $2k and $3k plus a 3 day trip to Asuncion. Once there you must make a $5k cash deposit to a government bank to prove your economic capacity. After 6-8 months they mail your ID and you may come...

Hi, I don't want to sound arrogant or anything, but I'm well acquainted with the concept of tax residency. So I invite you to take a second look at my proposition. For some countries, breaking tax residency is as simple as not overstaying 183 days. That is the case of Brazil, for example. For...