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Just joined Mentor Group Gold to see what this is all about. Hoping to find some answers and ideas here :) Ok, so what are some options and ideas for a UK citizen with an entirely online setup? I have no requirement for any brick and mortar location except maybe a mail forwarding/virtual...

For what resident country is this list for? UK resident, or US?

Dude, the last person you want to be taking tax advice from is someone who isn't even a UK resident.

No, and I'm not able to discuss it. Sorry.

Because firstly I don't wish to discuss my affairs publicly - like how I don't post up conversations with my lawyer or accountant, and secondly I just paid 95 euros per month to be in the private forum. I'm not going to copy and paste information from there to here just for your benefit. You can...

Nahh mate there is some factually incorrect information here, and a lot of this "economic substance" stuff only applies in some British Overseas Territories, and to certain industries. Even then there are ways around it. But you can still own a company offshore somewhere else, and then maybe...

That's basically it yeah. I wouldn't pay myself 100k per year though, just leave those profits in the business. I could probably survive for the next year or two on about 25,000 per year (house paid, car paid, no debts), and with personal tax allowance at 12,500 I'd only be paying 20% on the...

I will still pay personal income tax while I'm a UK resident, but the business being registered and operating in another country has nothing to with with the UK HMRC and will not pay UK corporation tax. Unless I'm missing something here, but thats generally how it works?

Why was my reply here from earlier deleted? While Payoneer didn't work (PayPal recognised the bank account but just gave an error), I did have success adding TransferWise.

Ok well I see people on Google an YT connecting Payoneer accounts with PayPal that's all. Not from 7 years ago but recently. I currently have PayPal set up with Revolut which works very well, but I don't think Revolut are in a lot of countries yet.

Also regarding PayPal, I've just been looking at their list of supported countries: PayPal Global - All countries and markets - PayPal Notable mentions include: Montenegro Seychelles BVI Cayman Islands Panama Saint Kitts and Nevis Gibralter

What about connecting PayPal with Payoneer? Something that recently came to mind. Or, what about an offshore company owning a Cyprus company? Thanks I'll have a read of this, I know Cayman is higher living expenses but one thing I will say is that Bristol is a total sh!thole. Literally. There...

Hey guys! Joined the forum recently as been getting into this offshore stuff and wanting to become a nomad etc. Really liked what I've been reading here but with so many options I'm not sure where is best to start, so looking for some ideas from you folks. Let me explain my situation...