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Can confirm what they indicate above and as in many topics already covered. You better always have somewhere a residency (where they preferably leave you alone and no tax on worldwide income). Too many people believe they can travel around the world and be long enough (>186 days) outside their...

You are obliged to inform them but as some indicted mention, especially when you move outside the EU, closure of your account might be the outcome. It really depends on the bank, the country and your relationship with the bank. There was several years ago a big issue with closer of all bank...

There is a lot of bullsh*'t and other comments but little clarification. Personally will also not go in a debate on this as I believe there are little to no tax consultants on this forum and every situation is unique and sometimes complex 1) if you don't live anywhere fixed and don't have a...

He seems to be nowhere a resident so whenever German tax authorities challenge him he should proof where he has a tax residence and where he resides all the time. If he resides nowhere then he is a traveler and his permanent residence will remain Germany. You state he sometimes transfers to his...

As most mentioned, warm up the account for thee months and no transfers over 9k usd if you have solid backup proof (purchase /sales invoice and contract) or if you want to play safe couple 2k usd in a month After a two - three months you transfer to amounts of 100k usd if again you have solid...

I cant answer 1 and 2, 3 : This depends on the type of permit in Thailand. A residence permit you can only obtain when you get a work permit or made a significant investment。 All other visas are tourist visa and might get reported to your country of residence (not yet clear if this is done as...

They don't ask questions because you have to give your permanent residence and if it matches country of citizenship this is what they assume is your tax residence. If it's another location as mentioned earlier they will ask proof you have a permanent ID. I have been through this and even...

1. True, CRS is exchanged with the country of residence. Lack of providing sufficient proof of your country of (permanent) residence will automatically be assumed that your country of citizenship is your permanent residence. 2. It depends on the country and bank what information is requested...

You can extend your tourist visa up to 3 years in the Philippines. Just need to go to bureau of immigration and pay for the extension which can be 1,2 or 6 months. You need to renew also your ACR-I card annually. You can't open a bank account nonetheless with that. As long as you don't work...

Thanks for the detailed description! So it is clear that the bank will exchange the information with your country of citizenship since they asked for your permanent address. Did you try/request to open a usd or other currency account? Are you able to open a true money account with the elite...

Seychelles IBC is dead and only useful in every few situations which won't be yours since you pose the question which agent to use. There can be found other posts in this forum covering why Seychelles, BVI,.. isn't very useful anymore

As this discussion has multiple opinions, it is clear all these can be regarded as opinions and not facts since every situation is different and sometimes it can become complex. Even if according to some rules you are not tax resident, tax authorities will and can still send you tax claims and...

The tax authorities will automatically strike off the company from the register after sending you several reminders (which you don't respond). If you are not a Hong Kong resident and have no possible legal actions you should be ok.

As mentioned above by fshore, you should get somewhere a residence of choice depending on the fiscal and living environment you prefer and ofcourse banking options. If you don't do that you might have issues with the Dutch authorities and it will be a legal battle if you should pay taxes or...

This is an old topic but to respond on it, took can just abandon a HK Ltd company, the government will automatically remove it from the register and leave you alone if you are not a HK resident. No problem to visit HK or open a new corporation as well, unless you abandon the company and have...

The only way to be safe and sure is to either consult an international tax lawyer/consultant, don't live in the EU or don't receive any income on any local or account abroad with an EU residential address. Any other path might work (for some time) or might not. Tax authorities are very...

Wise is quite fast and correct in accepting documents if everything is legit. Provide proof it's a subsidiary or the relationship between the companies with a contract and invoice.

You violated terms while knowing that could lead to issues. Most banks and EMI don't want to take risks with crypto. In some jurisdictions they block the account if they suspect anything or you dint provide them the info they requested (or worse you gave false info they find out), this can then...

These are small amounts, it's weird they ask these questions. As source of your funds you can just indicate where they came (savings is ok) and send the statements it was transferred from your own personal bank account. That should be sufficient as when it comes from your personal account they...

I believe Wise Thailand has not the same options as in Australia or EU, you can't have the local accounts not the debit card. I might be wrong as things might have changed. If that's the case you risk your wise account will be only use for transfers and exchange. Definitely if you don't want...