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ok, didnt know about SIPC to be honest. Good to know. I maintain EUR and USD balances.

just watch out not to hold more than 100K EUR with IB USA because amounts > 100K EUR generate negative interest. And EUR balances are not insured via FDIC. USD balances are insured and can be spread over different banks in 250 K tranches.

you can checkout Swissquote although they are somewhat expensive for trading

my tax residence isnt in Romania or the EU anymore. I moved to Asia (see my nice Asian tiger).

yes there is corruption in Romania. Maybe this is another reason to have all setup done via a lawyer instead of trying save a few bucks yourself

well, second thought you can do the bank opening via PoA as well but double check with the lawyer setting all up. I went in person though. Depending on the bank you will need a local cel phone # to activate the banking app so I bought a prepaid SIM with Tmobile. I have no employees, pay my...

hi, so far so good. You can go with one of the 2 lawyer that advertise on the web: Cuc or Darie & Manea. They have similar prices and services. Note that you need a physical office with rental agreement (ask lawyer if he can provide) if you want a EU VAT#. Also have the lawyer propose an...

ICO services is good. Did business with them several times and nothing to complain. Stay away from SFM.

funny, they sent like 4 android updates of the V3 thing in the last 3 days now. Going green is fine but no in my banking app.

in the end I cant care less about their tree planting stuff or Co2 savings in the app as long as I can transfer money in and out, can use a card , and dont have my account closed. Just some brain gymnastics to navigate the app and do transfers.

well yes, their app never was very good and looked cluttered. But this new version is even worse, I agree. Its a banking app in disguise. Someone stealing your phone may thing it is an app to plant trees. As far as their banking service itself goes I cant complain. Dont use it that much but it...

Bulgaria, Romania, Hungary. Moving your tax residence will be the best solution in the end

Hi, same for me please, still cant PM. Cant see the Start conversation button

@Admin can you please let me know why I cant PM (or where I can find the option)?

OK< let me see if I can PM you. Not sure if its still deactivated. Not sure if I can write the name of the law firm here,

I also have a contact of a local LV law firm that helped me out a few years ago with a similar issue,

Enescu & Cuc is a lawyer, not an agent. But they set up your SRL and help you with a bank account and all legal docs you need as well as a registered office. There are 2 lawyers advertising on internet setting up Romanian SRL's with similar prices.

Yes, 15000 MXN is around 700 US or so but it the is registered for cash deposits. The government says a lot but not sure if they really enforce it. The new government is putting in place more regulations to track suspicious money flows, they even want to tax savings. Years ago I was able to...

Living in Mexico and having your business and financials elsewhere works OK. Just have a local account maybe for some petty cash although you can just get some MXN from an ATM and for the rest use debit/credit cards. Getting residency is easy. I was advised by a Mexican tax lawyer not to use the...

Hi, do you also offer physicall office address since this is mandatory when you have a EU VAT#?