Dear All,
Since I didn't have much feedback on the public area, I have decided to post in the mentor group and see if in fact I can have better results.
It has been a few months since the last time I visited the forum. No big issue, just stuck with work from day to day routine in an industry.
Well, getting straight to the point.
I'm an European citizen who has companies in Europe, but also has a company in Hong-Kong for 7 years. This company in Hong-Kong is a regular trading company for raw-materials and other consumable goods (typically business - Buying in China, India or Pakistan and selling in European countries), but also serves to receives commissions on businesses where we play as agents. The company has 2 bank accounts on high street banks perfectly settled and working (and complying with everything locally required), and I also own a private bank account over there.
Over the last few months, with China becoming closer to get control over Hong-Kong (besides the huge Lobby that is being made by European and American democracies), I'm afraid they will start blocking accounts from foreigners, starting, off course, with the small fish.
Before I stopped using the forum, I was already looking to have another alternative to Hong Kong to establish a company, open a standard bank account, and eventually get a visa/passport from that location. By that time, I excluded Caribean countries because of shady banking system or exposure. I also excluded Estonia because of "proximity to Europe's CRS". I excluded African countries because of the same reasons I excluded the caribbeans. Well, I excluded US off-shores because besides they have a different reporting system (which is good), I'm not used to travel there in case it is needed. So, I was left with 2 options:
- Singapore;
- Dubai (and all the other emirates and special zones around it).
Both of them are also good for me, once I travel very often to Far-East and Middle-East. Both of them, specially Singapore, is a well established off-shore regime like Hong Kong.
I already have the 2 vaccines from Pfeizer, but would prefer if I can handle everything without travelling (but this is not a requirement, as I can perfectly travel on the months to come if I don't have to stay on mandatory quarantine for 15 days at the arrival).
One of my requirements would be the ability to transfer (income or outcome) from Hong Kong, and be able to make transfers to Crypto Trading Houses ( Kraken for example).
Which and why would you choose, in my situation, any of those?
Thanks in advance for your information.
Since I didn't have much feedback on the public area, I have decided to post in the mentor group and see if in fact I can have better results.
It has been a few months since the last time I visited the forum. No big issue, just stuck with work from day to day routine in an industry.
Well, getting straight to the point.
I'm an European citizen who has companies in Europe, but also has a company in Hong-Kong for 7 years. This company in Hong-Kong is a regular trading company for raw-materials and other consumable goods (typically business - Buying in China, India or Pakistan and selling in European countries), but also serves to receives commissions on businesses where we play as agents. The company has 2 bank accounts on high street banks perfectly settled and working (and complying with everything locally required), and I also own a private bank account over there.
Over the last few months, with China becoming closer to get control over Hong-Kong (besides the huge Lobby that is being made by European and American democracies), I'm afraid they will start blocking accounts from foreigners, starting, off course, with the small fish.
Before I stopped using the forum, I was already looking to have another alternative to Hong Kong to establish a company, open a standard bank account, and eventually get a visa/passport from that location. By that time, I excluded Caribean countries because of shady banking system or exposure. I also excluded Estonia because of "proximity to Europe's CRS". I excluded African countries because of the same reasons I excluded the caribbeans. Well, I excluded US off-shores because besides they have a different reporting system (which is good), I'm not used to travel there in case it is needed. So, I was left with 2 options:
- Singapore;
- Dubai (and all the other emirates and special zones around it).
Both of them are also good for me, once I travel very often to Far-East and Middle-East. Both of them, specially Singapore, is a well established off-shore regime like Hong Kong.
I already have the 2 vaccines from Pfeizer, but would prefer if I can handle everything without travelling (but this is not a requirement, as I can perfectly travel on the months to come if I don't have to stay on mandatory quarantine for 15 days at the arrival).
One of my requirements would be the ability to transfer (income or outcome) from Hong Kong, and be able to make transfers to Crypto Trading Houses ( Kraken for example).
Which and why would you choose, in my situation, any of those?
Thanks in advance for your information.
