Search results

I have also heard they will look at where you spend your money too. i.e. if you say you are in country A, but your personal account has 3+ months of transactions almost entirely in country B, this is flagged and can be investigated.

I have a buddy on the ground now who was there a few months prior. He said it's crazy, all prices are 2x in a few short months. Must be tough for the locals.

Damn, this is exactly what I went through with Wise. Normal IT business, nothing shady. Terrible support, very stressful. Copy/paste + changing agents not looking holistically at the issue. I was rejected by Payoneer. Maybe it was a good thing. I am working with an accountant who deals with an...

It's so tempting, but personally I want to avoid things like this.

Did you find a solution? From what I know, there are various services providers ('company setup people') out there who will give you a 'premium address' (e.g. a real house or business that doesn't have 10000x other people registered at it), lease, utility bill etc. Absolute cheapest is about...

As a matter of fact, Wise is asking me about that right now. From what I understand it's kind of rare (and would also mean that account is probably done for). I've talked about this in this thread, if you had any thoughts, I would like to hear them.

Well, originally it's because I wanted to avoid the 183 days there. But now I'm thinking I wouldn't even have to do that as long as I have that paperwork, right? And this would be the same for practically any country?

It's a shame, it seems they've changed it in April 2023 so you need $500k USD worth of assets/property IN Georgia now, no matter which route you take (high net wealth or high income). I was looking at it as a paper residency at a minimum (for banks) and possibly more (cash out before retiring...

Interesting, I looked into these annuity products. The fees seem significant though. I wonder, could the same be achieved with a regular high interest saver account? Plus you could just live locally and spend from your international credit/debit card.

It's a decent question. I've thought the same too. Most of us have elderly parents we may want to spend time with and some of our home countries are still good for retirement (government provided healthcare etc). Who knows what 5+ years down the track will hold. One strategy I heard was to make...

Even with all the ”˜West is dying' etc - don't you think that US/Western passports are like a golden ticket for children and people who don't earn much? They still are the best places to live and most people in the world would kill for one. It only becomes ”˜golden handcuffs' once you are...

This seems like a good solution. Do you even need the residency card? What if you had family or friend who is happy for you to use their address. You can actually stay at this address some time but less than 183 days. Offer to pay for their internet or electricity or something in return and...

No I didn't know this... doesn't sound good. Who does this - is it the bank who withholds the payments? Yes, that's the weakness here. I'd be creating an umbrella company, be the director of it, and the sole independent contractor also. My understanding is that it's technically legal, but it...

Actually, I think I just worked it out So, we have: Irish end client Irish company (mine to create) - functions similar to a payroll/umbrella company Independent contractor (me) of Irish company, tax resident of nowhere (or a no or low tax jurisdiction) Then, the process: Contractor (me)...

Update. I've got a potential Irish client. Looking more into setting up an Irish company, bank account and paying the 12.5%. It appears it's payable even if the work is not performed there. Ireland seems much more locked down (but gets a better rep in exchange). I've lost 2 clients previously...

I would rather not, sorry. But it's a very sanctioned country at the moment. It's not too hard to guess but please keep it to yourself. What setup did you go with? I see you are in the same situation in a previous thread.

Agree - simple is best! An Estonian branch office sounds like a great solution. Do other EU countries (e.g. Ireland) have the same concept? With no local taxation (i.e. territorial taxation in effect) of non-resident branch employees? I ask about Ireland as it's a powerhouse at the moment. I...

Ok, interesting, thank you. So, do you mean an Estonian branch office of a foreign entity (either me the individual OR a single member US LLC)? Is this foreign entity anonymous to the public? (or at least its address?) Also, what about Irish LPs or other EU countries LLP / partnerships / pass...

Thanks... I will look into Estonia. Unfortunately, for employers in the UK/Ireland, countries like Poland/Bulgaria/Estonia are also considered a little 'dodgy'. The other thing they don't like is if I say I am based in Country A (e.g. Ireland) but ask them to pay my company in Country B (e.g...

Thanks for the reply. What if I list myself as 'EU citizen of reputable country' residing at 'address in the same reputable EU country'? This will actually be the address/location where I will tell my end clients I work from. I do actually use this address as my base, receive mail and work...