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  1. no1d

    Buying luxury cars with undeclared money (EU)

    For the same reason, I registered my 100k car in Germany, a friend put me on his home address. I wonder if German tax authorities will ever ask me about my car. I don't have any bank account, job, phone number in Germany.
  2. no1d

    How much money to hold in CIM Banque?

    Thereafter I want to invest in EU real estate, new developments, house refurbishment and flipping, rentals. That's why I think an UK bank is a better fit for my purposes.
  3. no1d

    How much money to hold in CIM Banque?

    I'm investing but in real estate not in stocks or other assets during this time. So I need access to cash anytime when there's something up for sell. I will go to SC next month when I'm in Dubai. Thanks! I won't hold funds in any of them for long term. Just did that with on Barclays, video...
  4. no1d

    How much money to hold in CIM Banque?

    Big Swiss and Luxembourg banks want to have the money invested but we don't want that, need it in cash. Singapore is far to travel to try opening an account. I heard at UOB is easier to open. Any recommendation for a UK bank that can onboard me as UAE resident?
  5. no1d

    How much money to hold in CIM Banque?

    I had some issues with them regarding my source of funds which took some time. I just upload the invoice for whatever I am paying and they never asked anything. Isn't NBD and UAE more risky as a country compared to Swiss? I think that in UAE foreigners are seen as workers and if there a...
  6. no1d

    How much money to hold in CIM Banque?

    Hi everyone, My business partner and I need to payout the dividends from our company. My banking options are ENBD in Dubai and CIM Banque in Switzerland. Where would you keep around 3M USD?
  7. no1d

    Romania micro company tax rules change announced today

    Its not the Romanian gov who wanted to reduce the threshold of micro companies, Brussels pushed them to do so because its tax heaven rates, but you can own many micro companies and that's still good. Of course it won't last many years even with 500k but I won't worry about that, there's no...
  8. no1d

    I did it all wrong...what can I do now? :(

    It might take years until local taxman ask you questions about your 200k based on CRS. So you still have time to sort it out, no need to run asap to Alaska. Withdraw most of it and buy a house or a Nautilus if you really want get rid of cash. But better talk with a tax lawyer, one that knows...
  9. no1d

    I did it all wrong...what can I do now? :(

    Why don't you keep it in cash or invest in a small business, pay taxes and voila. Or buy a house, anyway I won't worry for unpaid tax on just 200k.
  10. no1d

    Review of FlowBank, New Swiss Bank

    Anyone has issue with account summary loading? I cannot see my assets.
  11. no1d

    Russian President Putin announces military operation in Ukraine

    LOL, that's the way I heat my house. I don't like gas/petrol or other polluting stuff. When my IONIC 5 and Tesla Powerwall arrives this summer I'll be 100% off fossil fuels. Energy independent no, but high energy efficiency is possible. There should be laws that every new house is energy...
  12. no1d

    Russian President Putin announces military operation in Ukraine

    There are solutions to replace this fucking gas, its called heat pump and I use one for over 10 years. Next I'm gonna install solar panels and cut the energy bill in half. But people go cheap when they build new houses, they like cheap Russian gas and now they're in deep s**t.
  13. no1d

    Let's talk watches?

    None of my watches were bought from an AD, still I didn't paid too much over msrp. Now every time I enter a store they have nothing for sale, waiting lists are closed and its impossible to get anything, its just a showroom. But then the grey market guys always come to me with Nautilus for 100k...
  14. no1d

    Let's talk watches?

    I'm into watches as well owning a Submariner, Daytona 'Panda', Batman, Daydate and a ROO. All these have doubled in price, would never expect that. But none were bought from an AD, because they never have for pieces to sell to 'us' So how can we buy watches like Daytona's and Nautilus from an AD?
  15. no1d

    Russian President Putin announces military operation in Ukraine

    Why Ukraine can not do wtf they want and Russians have to tell them what to do?
  16. no1d

    Twelve no/low tax countries share data on companies with no substance with UBO's country

    So Swiss banks do CRS based on passport nationality and my UAE residency is not considered? I wonder if the company bank account is CRS'd too.
  17. no1d

    Zen.com EMI?

    They declined my prize competition project because its high risk.
  18. no1d

    Zen.com EMI?

    Zen works fine for me with low 5 figures incoming payments. Sometime they ask for SOF but lately not.
  19. no1d

    Best Private Banking Options

    Trouble is, to open a relationship with SG banks you have to fly to Singapore and stay 2 weeks in quaratine. I've spoke with UOB, must to go there for account opening.
  20. no1d

    Best Private Banking Options

    I'm looking for private banking, not investing all in a portfolio mandate because I need funds to invest in real estate.

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