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    Personal HK bank account

    It's at best "unwise" to bank in Hong Kong, considering the outcome of the most recent Taiwan elections. Signs are written on the wall for a new military conflict, and everybody who is on the wrong side of the conflict will bear the brunt. Wealthy Chinese are looking to escape; they have their...
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    Tax residency in Georgia while living in 2 European countries?

    Simply read this thread, from top to bottom.
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    Tax residency in Georgia while living in 2 European countries?

    This thread is a masterpiece of confusing people who are interested in this topic. @Don Please stop it. Wrong! Now go back to the page from where you source your "knowledge" and read it carefully from top to bottom! Last edited: Jan 6, 2024
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    Best 1st world countries with low to zero income tax?

    Unfortunately. As you can see in my earlier posts, I am partially active in Egypt. I was wondering about their statement, even though it does not affect me. It is a copy/paste advise and they did not amend the text for many years, despite the Ministry of Finance having issued a clarification...
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    Best 1st world countries with low to zero income tax?

    No, it's not. Check my earlier posts about Egypt. Unfortunately, PWC still publishes this as a 1:1 translation. Definition is different. Contact a tax lawyer in EG, or PWC themselves, and they will open your eyes. If we put taxes aside, Egypt is a top choice. You won't find any other country...
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    Best 1st world countries with low to zero income tax?

    The question of the OP: Your recommendation: Study the tax code of Egypt first before recommending the country in this context!
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    Tax residency in Georgia while living in 2 European countries?

    stupi#21
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    Does the new UAE CT applies to day tradings

    Read again the Reddit you posted! A conclusion can not be drawn from the Reddit post. Things are still too vague. Last edited: Dec 25, 2023
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    Singapore personal bank account introducer?

    "Universal bank " (i.e. UniBank) is a regulatory term. The Philippines has several different bank types, of which the largest ones are universal banks. A universal bank offers all the usual banking products, incl. investment products + is able to process your SWIFT in house. Other categories...
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    Singapore personal bank account introducer?

    For the amount in question, it doesn't make sense to bother with Singapore. You will be very well served in the Philippines, where your $50,000 will make you a Premier customer instantly. Look for "Unibanks" (universal banks).
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    Swiss banking is dead and buried

    THIS is valid for many countries in Southeast Asia, too.
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    Brokerage for HongKong stock

    Look at fees and make sure that you do not hold them in an Omnibus account. Don't touch them!
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    Swiss banking is dead and buried

    Real estate isn't safe either. Actually, it's even less safe, considering that one is exposed to a single location and it is easy to impose additional taxes on it (government overreach). There must be something better. Just, what can it be? Everything crypto is too volatile to be a SAFE...
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    Terabank Georgia

    Sounds horrible, considering the legal fees you already spent.
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    Terabank Georgia

    Are these two different cases?
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    Terabank Georgia

    If you do not live in Georgia and do not have any personal ties to the country, forget about local banks. Georgian banks are expensive, pay very low interest (on FX deposit) and every transfer goes through SWIFT (extremely high fees). If you have a problem with a Georgian bank, you are on your...
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    Philippines as the ideal place for place of management of an offshore company?

    For permanent residents of the Philipines, Wise has the same on offer what they always had on offer. Just that the fee structure has changed (more expensive) and the maximum monthly transaction amount is now in-line with BSP regulation. Reason: Wise PH is now a local EMI. -> Wise Account in the...
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    Tax residency in Georgia while living in 2 European countries?

    You wrote a lot in this thread, you received plenty of replies. Still, you do not get it (or don't want to): The HNWI certificate does not make you a tax resident within the meaning of a DTT stupi#21 . It will not be stamped by a Georgian tax office ban-:; .
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    Tax residency in Georgia while living in 2 European countries?

    Indeed, specifically in Georgia. :rolleyes: Advice: Read it all stupi#21. Bored to repeat -> post #23 Last edited: Nov 15, 2023
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    Tax residency in Georgia while living in 2 European countries?

    I am right! Answer: Read what's written on the HNWI certificate. No! Basic knowledge: ".... income from sources in that State ...."

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