Is USA the ultimate stealth offshore jurisdiction for non-US citizens?

[JohnLocke]

Stupid question, but the way you listed it then it⁠ sounds like you have this setup already in operation, is that what you mean?

at some point I totally agree,⁣ the USA will never keep secrets unless it is about them self 😀

No one will know how this will go in the future.︀

 

[Fothermucker]

Regarding filing Form 5472.

If I start an LLC now, would I have file the‌ 5472 by 15th April this year? nai¤%

 

[exprtadvisrdev]

No, next year yes.‍

 

[DavidS]

No, I do not. I was just researching pros and cons.

 

[bizniz]

Basically no issues. It is not really hard to get a bank account without SSN.

Miami is just an example because banks there have an international outlook.

But I agree, you⁤ can't trust US not to report long term. Why not just get residence in the⁣ Caribbean, Panama etc, use local banks and avoid all this BS?

 

[DavidS]

Because you would be forced to actually‍ live there?

I mean, is it possible to get residence in Carribean, Panama, get tax⁠ residency there, but actually live in your home country? Will it work?

 

[Davis123]

It wouldn't be possible for a⁠ US citizen as they are bound to be taxed all over the planet and report⁤ everything. With other citizenships you can live in Panama or just be a residence visa⁣ holder (if your country is not like Germany ) to check up on you and⁢ live a tax free life. It all depends.

 

[Mark Rucken]

Scandinavian countries also tend to tax you if they determine that⁣ you were living or that the center of your business activities was in that Scandinavian⁢ country. So yeah, if you come from a highly regulated country you would need to︀ move out for good.

Now the questions is, are you ready to live in a︁ shitty country in order to save 40% on taxes? 😛

 

[Martin Everson]

Yes 😛

As long as‍ it has a decent internet connection, electricity and bottled water I am good to go.⁠

 

[Jade33]

And add homeschooling to that‍ list for the families in here 😉

 

[Jade33]

few(bulgaria) are "'in negotation' so still nothing to report for those‍ countries? costa rica isn't on the list....

 

[DavidS]

What do you⁠ mean by "just be a residence visa holder"?

So you can get a "residence visa",⁤ but not actually live there and still live tax free?

So if you are EU⁣ Germany citizen, get a "residence visa" in Panama, but still live in Germany, you can⁢ live 0% tax???

 

[Davis123]

If German authorities are⁤ vigilant (which I think they are ) they will find out and catch you. With⁣ some EU you can get away with it .

 

[Kakarot]

how does this Delaware LLC with miami bank work for a canadian citizen but who‌ lives all over asia as a digital nomad? Good idea or any complications anyone knows?‍ Canada and USA are so close knit...

 

[rainy]

And the same question, but for a non US-Canadian-EU-AU-UK⁠ citizen