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Hi, you don't need a bank account at Bank Frick. Kraken uses Frick as one of their fiat processors (other being Etana), but it does not have anything to do with you. You don't open account at Frick, don't communicate with them etc. You just make a SWIFT transfer to an account at Frick.

Hi there. Hope you already found a satisfactory solution. If not, maybe you want to take a look at https://www.fibabanka.com.tr/en/deposit-and-investment-products/kripto-market You hold a Turkish passport, don't you? Then you can even register online and the bank apparently partners with a large...

2. I used ExpatHub. I like them. They are Western-y, you don't have to deal with local quirks like "Why come to office, let's meet in a restaurant and drink some wine" and not delivering what was promised. 3. I was looking at Tbilisi. I've heard that Batumi is overpriced. A friend bought a house...

Hardly possible. Looking online it seems to be possible but in reality it is definitely not common. Sellers mostly want fiat. Lawyers and agents I talked to were unable to facilitate the deal like that and clearly did not have experience. But there are lots of crypto exchangers in Tbilisi and...

Oh yes I see. Tax residence rules are often confusing/unexpected. My favorite is Switzerland with its clear but surprising "30 days in a year if it's related to business".

I paid with a bank transfer, but people were generally enthusiastic for cash deals. I guess it would not be a problem. As far as I get banks would be fine if you show up with a suitcase of cash and some source of funds documents. I found myhome.ge and ss.ge to be the most useful.

Sols, do you mean that it is not one of the two options I outlined above ("tax resident" and "physically present at that moment"), but basically another set of rules distinct from the tax residency rules? Just opinion of tax authority basically? Whoah, tax residency rules are already complex...

Yep. Residential is renting out profitably with influx of Russians. Feel free to ask specific questions.

Yeah. I'm just wondering what is the case to trigger them: 1) This guy is a tax resident of our country and signs contracts/makes decisions for the business, so PE/POEM rules apply and the business is considered to be tax resident. or 2) This guy visited for a week, but still signed some...

Do I get it correctly that CFC/PE rules usually apply only to tax residents? So the main concern for taoasher is to not become a tax resident (which would have more implications than just CFC/PE, i.e. also personal income taxes on worldwide income)?

Go with a local firm. Any real estate agent would happily recommend one, some would even pay their fees. Which are like 3-5 grands. Don't go with global CBI big names. They will charge you 20-30 and refer you to a local firm. Can't recommend a name, sorry.

Yep. I guess the goal is to have some kind of easy-to-obtain license to calm users ("We are regulated! Your funds are safu!"), present to banks and others who want to see it. Estonia, just as Sols said, used to be easy. I don't have actual information though, the things were changing fast...

Could you please give a bit details regarding DBS as I'm planning to open an account with them soon? Is it a personal account, DBS Treasures? Are you paying any AUM fees? You just get some transfers with "dividends" transfer purpose and they are basically fine with it? Cheers.

Hi, care to share your experience with a BVI entity for crypto exchanges? Have you found a reasonable way to provide substance? Could open any bank accounts? Would highly appreciate your reply. Cheers.

Yep, in most cases it is dead obvious that the passport is a CIP one. Not sure if bankers would be really interested in pursuing "the birth place passport" thing. If they can satisfy their compliance requirements with a St. Kitts one, it may be enough for them. Or may be not sometimes :)...

By law, if you spent 180 days per year in Thailand, they should give you tax ID. But I don't have any first-hand experience.

Seems very real to me. Could someone please share their experience after getting second passport? Was it useful (not regarding visa-free travel but regarding bank accounts/overall business matters)?

No complications, it was not applicable to me, so didn't research in depth. As far as I know if one lives in Thailand and manages a foreign business it may well create a Permanent Establishment. So some corporate taxes would be owed to Thailand. Not that the revenue department tried to pursue...

I used to have Thailand Elite. Highly recommended. It's actually even cheaper than visa-runs / student visas etc, just have to pay the whole sum in advance. The process was really fast and easy (applied without lawyers, one-page form, a few days for approval). Thai law is quite clear regarding...

Interesting. Could you please elaborate what would be the difference between this and "real private bank"? Because I'm perfectly fine with online brokerage only if it is paired with better banking experience. @azb1, I know for sure that you don't even need Singpass. A friend of mine opened an...