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I was reading chats/forums of expats who moved to Paraguay / Uruguay and have some more info to share. Paraguay. Easy to get a residency permit, apparently easy to get tax residency docs without living there (which should not be the case, but tax administration does not care and hands those out...

Ok, I see. Nothing positive. I've checked a few banks/brokers specifically and many of them say that "We don't want you if you are resident in Panama". So, I guess only Paraguay / Uruguay, should get a residence permit first, speak Spanish and even then don't expect too much. Many thanks for...

Thank you for the info, @Sols . I like this "compared to what else is in the region" note :) Makes it clear that one shouldn't expect too much. @JackAlabama first-hands experience, thanks! Can you please confirm that Panama is good as long as you deal within the country and with neighbors, but...

I've been in Latin America once and going for a second trip soon. I'm always looking for personal banking options as it's difficult now for me. Are there worthy places? As Switzerland, "Switzerland of Asia" being Singapore, "Switzerland of Middle Easy" being UAE etc. What is Switzerland of South...

Thanks everybody for the answers. Still, anybody with the first hands experience maybe? What happens if you give to a bank one address (Germany) and fill CRS form saying you are tax resident of Bahamas?

Imagine a person holding a few residence permits (including high tax high reputation country, for example Germany) and being tax resident in one country (tax-free, bad reputation, say, Bahamas). He can produce proof of address for all the countries (say, renting a few places and traveling...

Hi. I'm in the end of the process of getting Spanish residence permit and I was very interested in this question. I had two or three consultations with lawyers in Spain asking this exact questions. They do not know. No kidding. Their position is "Sometimes tax authorities decide that you are a...

It was without loan. Not sure if it's easy, but it's 9.8% per annum for USD, 13.4% for Georgian lari. Not good mortgage rates... თიბისი ბანკი - TBC Bank Yep. Not that bad returns, not a bubble, no big problems with regulations... If one looks to diversify between a few...

I have real estate in Georgia. Commercial. Would not go for residential. 7% after all expenses and taxes, pretty much hassle-free. Locals are slow, but no bureaucracy, so easy to buy. Pretty satisfied.

I bought property in Turkey and got citizenship. I don't recommend. Most government services are bad and inefficient. Banks are bad, could not find a single semi-reliable lawyer. Registering your address in Turkey makes you a tax resident (worldwide taxation), not registering cuts you off most...

Thanks for the answers! My intentions are simple: get a company with a bank account so I can operate a business. I have "suspicious" password and overall don't fit into a typical profile, so often my experience with banking was long discussions, filling forms, providing documents, more...

There are lots of offers to buy a ready-made shelf companies with a bank account on the Internet. I believe @Clearsky Network is doing this. How does it work? My understanding is the bank would do KYC once again if the authorized person on the bank account changes and may very well close the...

Regarding crypto I'm not sure what are the laws but I can tell you what's happening now. A few years ago there were no withholding taxes for crypto and it was easy to register at local crypto exchanges without any formal ties to country (except a local bank account which would be used for...

I'm using this card now: https://www.apec.org/groups/committee-on-trade-and-investment/business-mobility-group/abtcIt's 90 days, but they are not picking up on you after a few of those 90 days stamps in a row. Since I don't spend more than half a year in Thailand it's enough for me. But I have...

You can easily change name while obtaining investment citizenship of Turkey.

Interesting. Care to share a link? I thought the last change was from 1 March 2023: By the way, there was a gentleman here in the forums claiming to be able to get a tax residency certificate based on the first option. So, some connections, no stay requirements, "habitual residence". I would...

UAE maybe? One could get a residence permit quite easily and cheaply, then 3 months per year for tax residency. Visas to Thailand are not a problem. I'm in Thailand now and I spent a good chunk of last ten years here. They are talking about "restrictions", "being strict", "stopping people...

Have you filed anything with Spanish tax authorities since 2013? There is tax on rental income from Airbnb and the rates may be different depending on your residence status. (Also you need a license for Airbnb I think) I have heard a piece of advice I think is valuable. You should file such an...

Gentlemen, there are some economic substance requirements imposed by BVI. "Directed and managed in BVI", "income-generating activities in BVI", "adequate spending" etc. So, not your typical nominee director, but rather something north to $50K/year I would say. As far as I understand those apply...

Yep, it was absolutely terrible.