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Offshore Company + Bank Account + Paypal Required

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Seems there is a solution to get a PayPal account with ID documents, Cyprus bank‌ account and even Belize or other offshore company. You just need to buy it as‍ an package.

@busdriver don't you think it can be done with a VCC for Belize?⁠ or does it need to be from Belize at all, as far as I have⁤ seen it does not. VPS provider for Belize is already posted in the forum for⁣ this.
 
I think a local agent in Belize could format an IBC (with bank account) and‌ also be it's (nominee?) director. Than the agent could also create and verify a PayPal‍ account there. That agent would have all local documents needed (like proof of Belize address)⁠ and as director he would be the contact person for PayPal.
I had such a⁤ case the past in HK, PayPal did not ask for a new proof of address⁣ (or any other documents) when the contact person (director) was changed later. One could assume⁢ that would be the same still/in Belize.

@auric :
VCC: I don't know if a︀ VCC would do. If PayPal can check the country of the VCC, it would detect︁ it's not from Belize.
VPN: PayPal says they would only accept a Belize Visa card,︂ but that is for pay-outs. I don't know what verification they do in countries where︃ they don't offer withdrawal to the local bank account.
I would expect PayPal to know︄ the common VPN providers (like hide-my-a*s). PayPal did know them years ago and block the︅ log-in with one would connect from a VPN provider IP. But it should work if︆ one would have a dedicated IP number (or RDP server with browser which would be︇ safer and probably a bit more costly).
 
for paypal, there is 2checkout, it is a payment gateway, which allows to pay through‌ credit/debit card and paypal in Belize & Seychelles.
 
Paypal:
In Seychelles, Belize, BVI, Panama, people are required to link their Paypal account to‌ a US bank account. They can't link to a local bank account. Consequently, it is‍ useless to open a local bank account.

In fact, it is not paypal but the⁠ USA that is behind this trick. To open a bank account in the US, a⁤ foreign company has to apply for a EIN which will allow the US tax authority⁣ (IRS) to monitor the revenue from this company and ask the director for taxes on⁢ US derived income on paypal revenue. (US customers who by something from you on paypal).︀

The real trick that people did until know, they used to transfer the paypal amounts︁ (company) to another paypal (private) from where they could do a wire transfer to "extract"︂ the money they earned from Paypal to their bank account.
 
Does PayPal indeed expects a citizen of Belize or the Seychelles to have a US‌ bank account? Given the location I could maybe see a Belize business person having‍ a US bank account. But a person from Seychelles - I don't think so. That's⁠ just not realistic.
 
Do you⁣ have any link or something to cross check this statement? I'm curious where this comes⁢ from.. I'm not surprised if it indeed comes from the US government.
 
Actually it seems that it is possible you just need a VCC that match the⁠ country that you opened the account in. That's not difficult to get and also not⁤ expensive.
 
You have to make the difference between⁠ your company and yourself. In fact, Paypal obliges a company in Belize with a Paypal⁤ account to have a US bank account.
Then, you have to ask an agent in⁣ the US to obtain an EIN code for this particular belize company.
Then, you have⁢ to travel in the US to open a bank account for this belize company
After X years, you may receive a letter from the IRS (US tax authority) in your︀ country asking you to pay US tax on the income that you have made from︁ Paypal coming from US citizens & IT WILL HURT

Do you get a better picture︂ now?
 
That applies to citizens of the Seychelles ? Hmm... I hope we will have one‌ day an alternative to PayPal. Unfortunately no real alternative exists yet.
 
Yes I︁ get, thanks.

Okay, lets discuss this a little further to share ideas 🙂

Say I don't︂ want to open a PayPal account for my Belize company but I open the account︃ (using VPN) with PayPal Belize and in a persons name in Belize, I have the︄ utility bill and passport and submit it to paypal. Now they will request me to︅ verify the account with a credit card, I have a VCC (Belize) which I'm using︆ to verify my account.. now I have a verified personal PayPal account.

So far so︇ good. Now I'm going to open an account with one of the banks in Belize︈ in my own name (just for this example) and add this account to my PayPal︉ account. To the bank I tell them that I have a partnership with another guy︊ (the guys name that I used for the account opening) so they will accept the︋ incoming transfers from PayPal.

Now I have a PayPal account that I can use to︌ accept payments from customers and I can withdraw the money to my bank account in︍ Belize?

How does that sound? did I miss something?

If you think this EIN number︎ is only for Belize and Seychelles accounts then I could do this with any other️ country.. BVI, Seychelles, Cook Islands, Cyprus, Latvia, Panama, Dominica, Gibraltar, Brazil?
 
Interesting topic, as doutbloup said SEYCHELLES and Belize require a EIN.. but OK if you‌ can do the same with any other country.. let's have some discussion about it maybe‍ we can find a solution all together 🙂
 
How to get a PayPal account even you got banned, your PayPal account is limited‌ or what else the reason is that you can't use your PayPal account, you may‍ want to read this thread Verified Paypal Accounts for every Country 🙂 Here you find all⁠ what you need to reconcile / unlimit your PayPal account.
 
OP have you visit this forum lately there are solutions to your problems with PayPal‌ even if you live in a banned country or your PayPal account has been limited‍ you can find a way to resolve the issue.
 
I need a solution for PayPal have been in contact with @auric as suggested by‌ many members on this forum. Will let you know how it works once I get‍ it setup 🙂
 
I'm looking for exact this solution. Need company︂ and paypal + bitcoin if possible?
 
Payoneer sucks compared to many of the other services available and specially for for receiving 3rd‍ party bank transfers which they don't support.

The solution @auric has for verify PayPal with⁠ Cyprus company works just great!
 
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