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  1. avalanche

    Fleeing a NATO vs. Russia conflict

    I'd say we should observe how EU handles hard times before we make any conclusions/comparisons ;) For example curious how immigrants will react when EU cant fund the numerous social programs anymore without spiraling into hyperinflation
  2. avalanche

    Fleeing a NATO vs. Russia conflict

    I hope you've heard of such term "good timing" lol
  3. avalanche

    Fleeing a NATO vs. Russia conflict

    It can make you even more bitter but one guy I know maxed out his sole entrepreneur status and actually paid that tax without any hidden consequences lol. If not for sanctions drama he would have been the happiest person ever in a country with a decent ecommerce (15-min delivery policy for food...
  4. avalanche

    Fleeing a NATO vs. Russia conflict

    For now Just for comparison tax-wise.. In Russia as a sole entrepreneur you can pay effective tax 5-6% from the entire turnover if you earn less than $1m/year. The only thing that sucks now is the sanctions and currency controls lol Last edited: Mar 23, 2024
  5. avalanche

    Fleeing a NATO vs. Russia conflict

    Where did you see such beautiful numbers such as 10% in EU? Last time I checked there is an EU-wide VAT tax that is minimum 17% and not possible to dodge unless you are selling digital products or something similar. Add corporate taxes there and all sorts of other taxes, contributions and other...
  6. avalanche

    End of KYC?

    dunno about you but I'm using chat gpt for a lot of daily tasks. it helps with even sorting products when I'm shopping online, just dump all data and tell chat gpt to sort products by their size. no need to clean data or arrange it in a proper format, everything is automatic. bam I see all...
  7. avalanche

    AMA: I've made a mobile app (App Store & Google Play) with in-app purchases and it's anonymous

    No, it does not come down to your interpretation :D, it comes down to whether you'll be investigated for reporting incorrect amounts. You need to clarify whether *your* US entity needs to pay withholding taxes from payments to *you* at any point, not Google or Apple.
  8. avalanche

    Bitcoin etf 10 January

    It can't be fully priced in if we follow the logic that approval is supposed to bring more money into the market from the people who don't participate in it yet.
  9. avalanche

    Best offshore bank CIM Bank Review maybe?

    Seems ok for me
  10. avalanche

    Swiss banking is dead and buried

    Strange how people can trust Asian offshore centers that are mostly dominated by Chinese banks including HK and Singapore. Aside from that Singaporean banks are just a few, there isn't much choice in there. In my understanding, maybe interpretation of this data is misleading and in reality we...
  11. avalanche

    Is this considered tax evasion?

    It feels that you're just waiting for encouragement from the forum members instead of real insights on what's going to happen
  12. avalanche

    EMI for US company with Russian founders

    I know a group in Telegram where people share their immigration experiences and you can see Portugal, Spain, Germany, France, Hungary, United Kingdom, Montenegro, Serbia, USA, Cyprus, Poland, Netherlands just to name a few. The visa process became annoying for people but it just increased time...
  13. avalanche

    EMI for US company with Russian founders

    Easiest way for Russians to immigrate to EU is skilled labor visas etc. When the war started most senior IT specialists and entrepreneurs from Russia decided to go to Europe and start their own business. Actually these sanctions only increased the number of startups of Russian origin across the...
  14. avalanche

    EMI for US company with Russian founders

    Cyprus banks were closing Russian accounts after asking them if they have residence permit in EU. If they didn't, account was terminated. A couple more EMIs were also asking for EU residency during KYC onboarding. So its a pretty big difference Id say There are many ways to get residency in EU...
  15. avalanche

    EMI for US company with Russian founders

    You can make your company way more attractive to wide range of banks and EMIs if you get an EU residency
  16. avalanche

    Terabank Georgia

    The level of naive they'd display hoping that the client doesnt come after his money. Weird.
  17. avalanche

    Terabank Georgia

    I'm wondering why would they even cause such trouble to you.. Like what is their motivation to refuse sending money abroad
  18. avalanche

    Payoneer asked for Company ownership structure

    In case of UK LTD you could download a PDF file from the companies house website, it needs to show the most recent state of your company with % of ownership of each member. Not sure regarding LLP though
  19. avalanche

    How secure would you say staking is?

    Check discussions online regarding safety of these "smart contract" pools.
  20. avalanche

    How secure would you say staking is?

    then suddenly their smart contract gets drained and your StETH turns zero :D Totally worth 4% APY

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