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  1. Belfort

    USD losing value vs. EUR

    I'm in the EU and have all my liquid cash in USD, because I think the EU will eventually collapse. Now the USD keep losing value vs. EUR and leaving me uneasy with my choice. What do you think the future holds for USD?
  2. Belfort

    Possible to avoid CRS with USA setup?

    An european individual opens a US LLC and a personal US bank account with a debit card. Funds come to the LLC's bank account and moved as dividends to the personal account. Then, the individual spends money with the debit card in the EU. How does the EU country this individual is a tax resident...
  3. Belfort

    German IBAN

    Does anyone know how I can get a german IBAN as a EU citizen? Besides N26.
  4. Belfort

    Revolut demanding proof of funds

    Revolut is closing my account because I refuse to provide an explanation of where funds that enter the account come from. This is odd, because I barely use it and my balance has been 0 for a while. Anyway, that's another neobank app deleted from my phone.
  5. Belfort

    Fleeing a NATO vs. Russia conflict

    There was a terrorist attack on Moscow today, and the Russians seem to be wanting to blame it on the Ukrainians so they can further escalate their operations in Ukraine. A WW3 scenario becomes more and more real, and I'm left wondering what the best course of action would be for someone in a...
  6. Belfort

    Selling SaaS (QR ordering system for restaurants)

    I'm selling Neomenu, a QR ordering system that allows restaurant clients to order straight to the kitchen without the need of talking to a waiter. It has never been marketed and has no clients. I made this with express in the backend, react in the frontends and using mongodb to store user and...
  7. Belfort

    How are you making money?

    Thought I'd start this discussion here, since I can't find anything of the sort in the forum. Most people here seem to know how to make maney, otherwise they wouldn't be looking at tax optimization. So, let's share how we are making money and how we plan on making more. Full transparency from...
  8. Belfort

    I tried opening a US business account in 18 EMIs, here's the result

    I have a US LLC, am non-resident in the US, and signed up to 18 different EMIs. This is the result after a week: 3S Money - Asked for $20 to process my application + it charges $100 a month for having the account open Airwallex - Approved Brex - Rejected because I have no venture capital...
  9. Belfort

    Receive US LLC payments in personal Revolut

    I have a US LLC. I'm the sole proprietor. If a client wants to pay me in EUR, can I just send him my personal Revolut IBAN? He will use my company's name in the transfer.
  10. Belfort

    Is this considered tax evasion?

    Let's say I live in France, and that I'm a french citizen and tax resident. Let's say that I was working for an IT company in France, and was being heavily taxed due to a high salary, so I opened a US LLC and now the french company pays my US LLC, which has a bank account in Belgium. Now from...

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