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Do you know of any Revolut-style (i.e., prepaid) card that will work for BVI companies? Most fintechs operate around US/Europe clients

The US bank account is in the name of the BVI company, which is not registered elsewhere.

It has a corruption rate comparable to larger economies such as Brazil, or Argentina, or Peru. With the exception of Chile (low corruption) and Venezuela (soviet style corruption), countries in Latin America are more or less the same. Beyond corruption, Paraguay is a stable democracy and a...

The legal resident, even an illegal resident, would fall into the same taxation laws as the citizens of Paraguay. Roughly, as long as you are in Paraguay for 183 or more in one year, you are a resident of Paraguay for taxation purposes, because Paraguay has a territorial taxation system. If you...

I have a corporation in the BVI and a bank account in a US bank. They provide me with a very simple VISA card, which sucks (no rewards program, no online statement, frequent problems). They don't have a better offer for their corporate customers at the moment. Is it possible to apply somehow...

The link is broken

As far as I know, the AEOI rules mandate that the financial institution sends customer data to the tax authorities of the country it's incorporated using the CRS standard. The local tax authorities will then route this data to those of the client's jurisdiction. So what if a person living in a...

My bank has informed they'll stop doing USD transactions and forced me to exchange my USD balance to EUR, causing me a considerable loss in the process. I'm sure they have the right of acting arbitrarily and I'm happy to go banking elsewhere. However, I'm wondering if I should take this...

I believe the only place where he could open a bank account without a passport is his own home country.

Can a resident of Panama open a bank account for a foreign company? Apart from the entry barriers, is the banking system worth it? Will banks in EU send money there?

I have a 100% legit business under my name and a EU bank account. However, I'd like a second bank account as a backup, and I've been offered an introduction to a bank in Panama (don't know which one) and to BOSLIL bank in St Lucia. Would anyone care to elaborate on the banking situation in...

@Admin will check thank you. I'm curious however how Cyprus seems a popular recommendation for banking in this forum. Aren't you guys afraid of a new bank crisis like in 2013, or am I missing something?

Hello, can you recommend a bank for a personal account meeting the following criteria? - Multicurrency account - Minimum deposit up to $100,000 - Low or no maintenance fees - Low wire fees - Stable/highly reputable jurisdiction - Open remotely - Crypto friendly preferred, not required

I'm fine posting in Mentor group. Please PM me.

@auric I could be interested in your expertise. As I am new to the forum and don't know you, would it be appropriate to publicly state here that I'm hiring you, and provide feedback once done? Is there a place for feedback on this forum?

@auric if I need an utility bill from country X, would you generally be able to provide?

As a US citizen you are taxed on your worldwide income regardless of where you live. It doesn't matter whether you have a second passport and where you establish your life and business, you must fill the IRS tax form every year because you hold an American passport. There's no real bank account...

Hello, my local agent in Paraguay can setup companies, buy real estate, and whatever else you need. Very competent guy with 20 years+ in business. I can share his contact by PM. However, I didn't setup a company in Paraguay as I didn't need one. Paraguay has very lax residency laws and you can...

I didn't use the term for any "bonafide" purposes, I just registered the domain and put it up for sale, and now it's becoming popular.

Yes I know I am safe - for now - because the domain is 6 years old and he filled the TM last month. However, he's threatening to sue the new domain owner if I ever sell it and the new owner creates a website. So, I thought of registering a TM for the same name in another jurisdiction, and sell...