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Just to be clear, I was asking regarding obligations of the company selling staff, not obligations of the payment agent. Out of curiosity: if one sells, say, Wordpress templates for $99 accepting payments via Stripe, and Mr. Kim Jong Un (or somebody else from SDN) buys one for his homepage...

Thanks for sharing. Quite hilarious regarding tax returns. I remember being asked on the source of funds for the transfer and I replied with sale agreement. A fresh one, I have sold some staff a few weeks earlier. You know what? They wanted to see tax declaration reflecting this amount! I...

Hi, Imagine a company using a payment agent to accept credit cards / crypto. E.g. Stripe or Bitpay. Are there any obligations to check who are the customers? I mean it probably depends much on the country of incorporation / your bank, but am I right that usually the payment agent would be...

Can you please elaborate a bit on this? You said to a bank that dividends was SoF and they wanted to see audited accounts of your company and your personal tax return? Very high amounts / curious jurisdiction or any specific reasons for that? Answering briefly to other parts of your message, I...

Sent a dm, thanks. Then it may be useful. In my experience "OTC" was always some random guy without license or even good understanding how crypto works, but willing to wire any funds anywhere :) Well, the website works fine.

I was reading some Spanish court cases / decisions lately. People suing tax authority trying to insist they are not tax residents. I really didn't like what I read. The judge didn't look impartial to my taste. "The person holds a bank account in our country which is an important indicator of...

What did they want? I mean, what exactly docs and info about your business?

A question for those who bought and rents out. What ROI do you get?

Thanks for the info. Do they provide any documents? Sale-purchase agreement of coins, invoice etc?

Hi, thanks for the info. I'm musing of going the same route. How was the bank? Do you like them overall, any problems? Did they want you to sign up for any additional services? "It's not really profitable for the bank, but if you bought some of our investment funds / insurance / get a loan then...

Hi, I have a difficult situation with my crypto cashouts. I have some crypto from long ago, with documents confirming getting the coins when they were cheap, but no history of transactions over the years, also bad passport etc. I have a bank that accepts not-so-large withdrawals from crypto...

Let us poor people who don't have $100'000'000 yet, discuss our petty problems...

It's a legal program. Their president grants citizenship, even the list of names may be published (not sure on this one). It may raise some eyebrows. If a big black guy who obviously doesn't speak Kyrgyz language and has "Jamaica" as place of birth in his Kyrgyzstan passport shows up... He may...

Kyrgyzstan. It's that "discretionary passports granted to people who make a valuable contribution" that Sols mentioned. Very popular with Russians now. You may be supposed to be born on the territory of ex-USSR, but should be solvable. They don't do any real due diligence, but of course you will...

Thanks for the comments! Yep, when saying "friendly to Russia", I had only political will / ability to do business in mind. Not personal attitudes of people, just purely business. I will put it this way: in some countries (Kazakhstan lately for example) it's easier to get a company, bank...

Thanks for the info! And especially the link Country Reports ”“ KnowYourCountry Can't say about Paraguay. But I certainly had lots of conversations in Asia go like "Georgia? Is this a country? Are you sure?". Basically 100% of them :) Also a few in Europe. Nah, even if you have 50M it's easier...

They should try Spain maybe? The best place for anybody without documents and money. Being without visa is a small offense which does not get you deported (yeah...). Also there is a program (search for "Arraigo") for "undocumented migrants", idea is that if somebody lives 3 years in Spain they...

Anybody have heard of getting Thai tax residency certificate without staying 180 days? I know it's not supposed to happen, but everything is possible in Thailand...

Hi, can you please advise something on the "invested in Thailand" requirement for global wealthy citizens? I'm thinking on getting that LTR, but bank deposits are ~2%/year, government bonds roughly the same. Kind of funny when US bonds are 4%+ Local stocks are allowed but must be held for a year...

Place of residence is one of more important factors for various compliance departments. It's much more difficult to open a bank account if you live in Russia than if you live in France. I have a few specific places in mind where I live / lived / consider moving / consider getting a residence...