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AFAIK if you get economic residency in the Bahamas you still don't have the right to work initially. When people apply for permit to work in their own company does that usually get approved or it can be a hassle?

CFC rules - now available in your local tax haven of choice. Limited time offer. Dial 1-800-CFC-UAE for info.

Check here for requirements for tax residency certificate: How to Get Tax Residency Certificate (TRC) in UAE? | Federal Tax Authority In essence you need to show economic activity in the country either as employee, business owner or freelancer - this is my understanding. There are some countries...

I do agree that all of this is only theoretical at this stage.

Could private crypto trading be considered "running a business" and therefore be subject to 9% tax? How will you be able to get a tax residency certificate with this setup? The real estate investment is for residence visa, it does not allow you to work (i.e. conduct business via foreign...

could you please elaborate? which banks? what kind of amounts? what changed in their policies?

yeah just dont do it...

is this written in a law and are there any judicial decisions about this or is it a directive that can change in a moment's notice? Slovenia had "tax-free" and its over now. Austria as well.

And what kind of jobs are available in Monaco?

You bought 100 BTC on Bitstamp and now Bitstamp is not allowing you to deposit 5 BTC for selling because you don't live in the EEA?

Definitely issues to be discussed with lawyers and tax advisors due to their complexity. In some countries, if you absolutely don't live there then it is enough and they don't even care where you are. In other countries, you need to declare your tax number abroad even if you have foreign tax...

I prefer to work from home and I wouldn't mind saving on office costs. Some websites say it's obiligatory, others say it isn't so I am not sure. Another issue is banking as I've read banks may be more hesitant to give a corporate account if no office is rented. What is your take on this?

curious to ask why you don't like Dubai?

What about if you get an address and a regular job in Monaco? In this case you don't need to get a reference letter from the bank, nor do you need to make a large deposit/investable money. Can you get a bank account in this case? I would expect they have to give you a regular bank account if you...

aren't you concerned about the risks associated with keeping fiat on an exchange for a prolonged period?

Were you in Dubai for a while and the bank knew you as a customer? It seems to me unlikely that you can just show up, open a company, get a bank account and immediately transfer 6 figures from Kraken, but i would be glad to stand corrected.

Yes with Fidor but for Euros. But what if you want to send USD?

Any other routes that Kraken uses that could be better like Clear Junction?

It will be a SEPA transfer but firstly, Kraken sends via Bank Frick in Lichnenstein and this is not EU and secondly, Kraken is regulated in the UK and it is also not EU. But I specifically asked if the institution is a problem and the banker said no, there is no problem. I am sure many Germans...

I have evidence for the purchases just not for the sales because this hasn't happened yet. I am definitely getting advice from lawyer with experise in crypto. Thanks.