Hello guys

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Hey!

What for? To avoid certain taxes?

Let us know the reasons and we can‌ 100% help you here in this forum!

Thanks!

Em
 
Welcome aboard thu&¤# You may start posting your question in the proper forums 😀
 
China is not fond of letting money go out, not without tremendous hassle⁢ at least, same as in Vietnam.

I have some local contacts that can facilitate swapping︀ funds in&out to any destination, preferably 1st world countries.
 
a lot of Chinese people relocate to Cyprus, purchase property and get a⁢ permanent residence permit here to resolve this issues.
 
welcome a board, enjoy your stay 🙂 Open a new thread for questions or stuff you‌ are interested in, this section is to "say hello" only 🙂
 
Yes indeed i have‍ seen advertissement in my elavator about Cyprus and Portugal.
For the moment to send money⁠ out of China, you need to go to the tax office to get a paper⁤ that proof you have pay taxes on the money you want to send abroad, and⁣ also need the permission and stamps from your company HR department.
It is very frustrated⁢ because you are not supposed to make money out of your current job.
There is︀ a way with HSBC but you need to let on your bank account 500K RMB︁ (78K USD) for 3 months then with HSBC Premier bank account your can easly move︂ the money our of China.
I was looking for a solution with Puerto Rico but︃ they refuse to open a bank account if your are resident in China.
I have︄ also contacted Caye Bank in Belize, maybe will see with them if it is possible︅ to open a personnal bank account.
Any members are working with them ?
Belize seems︆ intersting for personnal banking but not for company anymore, taxes are coming soon , Seychelles︇ needs to provide books records, maybe they will also strart to collect taxes???
 
If you would be interested in Cyprus feel︇ free to get in touch, due to the Chinese community in Cyprus banks are very︈ welcoming
 
Have you‍ tried to open with StandardIntl Bank in Puerto Rico as they specialize in opening accounts⁠ for Chinese residents.

I guess now with the currency control issues you see why crypto⁤ is so popular in China to circumvent currency controls conf/(%.
 
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