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Ah typical! Put in the asterix there because Spain is unusually punitive and difficult on its citizens leaving the tax net. Seemed like a longshot you d actually be from Spain. Arghh, why do people want to go back to live permanently in their high tax countries of origin!??? I like visiting...

Yeah, US LLC sounds good in this case, clean jurisdiction, easy and cheap to set up and maintain, plus good banking access. But why do you want tax residency* in the UAE? Just get residency there, and be out of the Romanian tax net. Then there is no 9% UAE tax or any other tax on your US LLC...

If you get a job in Singapore you can usually get in - there are multiple type of job residence permits with categories for nannies/domestic workers to well paid professionals. And then if you have a venture capital backed startup you can also get in. But I dont see a category for persons of...

Estonia has very clear rules for tax residency, and doesnt make it difficult to leave the tax net. From emta.ee: "a natural person is a resident of Estonia if at least one of the following requirements is met: the person's place of residence is in Estonia; the person is staying in Estonia for...

I think Wise will care about where the owner of the US LLC is a resident, and not allow countries where Wise does not operate. On the other hand, if you already have a personal Wise bank account, you can open an account for your US LLC with practically one click.

Additionally some traditional banks or niche banks allow you to keep your account even if you move to an odd country / tax haven country. So here you can use your actual address. Say it is in the UAE, so the UAE will get info of your western bank account, and not do anything with it. Or say you...

Which tax authority? The UK one in the example above? Yes, you should have a mail forwarding service set up from the UK address you are using, but you are clearly not a UK tax resident in the example given, so I think it is quite unusual that UK tax authorities would contact you. Would need to...

Ok, so say you are a Belgian citizen and opened a UK Wise account while you were a resident in the UK. You keep the Wise account in your old UK address, but you have lived in Thailand/UAE/Philippines/Congo/Mexico the last decade. So the UK authorities could of course get data from Wise, if...

Isnt it best to just keep the Wise account in the old EU/UK address? Not so difficult to keep a bank statement or bill in that address and have mail forwarding. Or if you own property (or can use friends/family address) then it's even easier. Anyway, Wise basically never asks to prove the...

And if you cant move to Monaco, move to Ireland. As non-dom there, the taxation on stocks is unusual. Funds and ETFs based in OECD countries are taxed with a whopping 41% CGT (called exit tax) that is applied after 8 years even if one doesn't sell. Yes, horrible. But then individual stocks not...

Ok, but what if you as non dom in Ireland have a multi member US LLC where you are a minority owner, and you have a majority owner partner that is a non-resident alien living in a no/low tax country. So you are just a passive owner. This US LLC could do business, and own ETFs or Bitcoin without...

All of the above can be used in the UK, and all over the world where Visa/Mastercard are accepted. If you mean that you need a UK IBAN then Revolut offers UK IBANs. And Wirex (not previously mentioned) too: https://wirexapp.com/card Then you have CoinCorner based on Isle of Man, that offer UK...

Most of them yes, but typically you can only send and receive to an account in your own name. Exceptions are Xapo and Revolut that are proper banks and you can send and receive to/from whoever you like.

Bitrefill's card: https://www.bitrefill.com/card/?hl=en Xapo https://www.xapobank.com/en ByBit Mastercard https://www.bybit.com/cards Binance Visa https://www.binance.com/en/square/post/240183 Gemini Mastercard https://www.gemini.com/credit-card Nexo https://nexo.com/crypto-card Crypto.com Visa...

Yeah, but previously ECB dismissed Bitcoin as a something that would amount to nothing, go to zero, and that no serious person would consider. Now the tone has changed to Bitcoin being a threat that has to be stopped or at least curtailed. And they are quoting and referencing Marty Bent - who...

Asking the philosophical questions here today I see. But I have not seen it mentioned in the holy texts of any religion that souls get detailed tax reports sent to them in heaven/hell/nirvana/valhalla/reincarnation.

The Netherlands uses a long list of not clerly defined ties to determine tax residency. Bank account is one such tie. They look at the overall picture, so having a dutch bank account doesn't necessarily mean you become a dutch tax resident. But if I was dutch and wanted to leave the country and...

Financial institution isnt really such a big problem when not being tax resident anywhere. There are so many options available: -You can be a resident but not tax resident in many countries and open bank accounts with such an address. For example you can be a resident in the UAE (or Paraguay or...

Yeah, any EMI that offer multicurrency will offer a European IBAN for a US LLC. Not for USD transactions though.

Yeah, I wouldn't push it though, you can't count on tax agencies to follow their own rules, or what you think is a sensible interpretation of the rules. I wouldn't stay 2 months in the UK if I had a foreign business, especially not if I was a UK citizen and a previous tax resident of the UK...