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Yes, it applies to EOOD and OOD. Bulgaria has 10% PIT - 25% (deduction expense) = 7.5% and 5% dividend tax Ideally the set up is most income should be distributed via dividends and you should take the gross minimal salary of BGN 780 /month. With the Social security cap + pension. Your total...

Weird writing style. Chatgpt and shakespeare in one. THere are way better and simpler jursidictions than Estonia. AFAIK, The simplest to set up and maintain would be Bulgaria. 10% PIT and CT and 5% dividends. CT can even be reduced with deductions to 7.5%. Cyprus under the non-dom is great...

Is there KYC? Where would you find people selling their property for crypto? How can you sell without taking a huge loss if there is so much oversupply?

You could bring more than 10k but you just need to declare it. Rarely does customs even ask how much you have on you. Ocassionally I come across annoying customs agents who question even 4,000 in cash. So I quess it depends on the country you are visiting and your luck.

You can open up a personal account in UAE bank remotely with just the Emirates ID? What banks? And I am assuming you will need a UAE phone number.

I don't know. I know people in Dubai who have bought watches with crypto and sold for cash somewhere else. Now they have a clean SoF for their crypto as the watch could have been "inherited" or "gifted". If you pick the right models some watches hold their value or appreciate. Why do you disagree?

I will look into it. Can anyone open an account or preferably only Cayman residents? I have an account at JP Morgan but for the 10mil minimum , the level of service is mediocre. Could be because each banker is assigned a ton of clients. I heard about LGT, I will try that next. I am assuming...

Basically, I have came across many lazy, cocky, or non-responsive private bankers, even though my account balance is pretty significant to gain their attention. I was wondering if anyone knows banks in which the bankers actually care about you as a client, like the stereotypical Swiss bankers...

How? Isn't there a 90 day residence requirement in order to get it?

I have seen it posted somewhere in this forum. The document does not specify whether you have been in Cyprus for 60 days or 183 days. It just says that based on Cyprus law you are a tax resident. Perhaps, one of the Cyprus lawyers in the forum can clarify

Why would someone choose South Dakota for a trust over Wyoming, Nevada or Delaware? Thank you. Any of these provide broad asset protection strategies and tax planning advisory? Looking for a descent advisor.

Before getting the loan,do they require SoF for the initial onboarding the crypto to their platform? Do they have a min/max they can loan out based on the crypto amount and at what interest percent usually?

Regardless of the Cook Islands protection, I would think the banking jurisdiction is equally if not more important. If you have a Cook Islands trust yet bank with it in the EU, US , UK etc... I am assuming it is in reach and can be easily frozen. In that case the most solid plan would be to have...

Annoying, but not a crazy expense if profit justifies the cost. I guess that's the point of EMI's Do you have any suggestions of better lawyers you used? With a good lawyer it will be easier to navigate the mess. Benefits of the non-dom seem pretty good compared to other tax jurisdictions...

I would be interested in that as well. Let me know if you have a seller . Huh? Nexo? They are all a front and a scam for the Bulgarian mafia. Read the news. There was even recently a raid in their offices...

Where would you even get those virgin coins from?

Does that actually work? All in all good ideas. But might be difficult to execute.

In the end of the day if you can't prove SoF for the money you already have, then banks and evey other institution is going to assume it is money laundered even if it's not. Now if you just play along with that because you have no other choice, you will find solutions to legally inject the...

With creditors its definitely effective but I am guessing against big governments it still won't be effective as nothing is out of their reach. However, for the purposes of possible creditors or lawsuits it is worth setting up. Does the banking depend on the nationality of the trustee and not...

I agree. Governments don't need direct access to the funds in the cook islands. If they know you are the owner they will force you to take the money out yourself to pay them or just throw you in a cell until you do. There are many cases in which that was true.