So true about the holistic approach... Professionals like Michael can come up with the structure of your dream which will be perfectly transparent and legal. You just should formulate what you need and put in some effort. These videos are only simplistic examples, real life goes by fine-tuned tax treatments and rulings
Great advice it depends on so many factors: Your domicile Your business needs Your clients & suppliers Banking Tax treaties. My offshore business has went quiet, but we dont stick to one jurisdiction.
What's the best American bank for overseas living and business? I need to receive and send money while abroad without having to be at my bank in person. Like wire online or direct transfer. Should be normal procedure
The truth is if laws/rules would be clear and there would exist a best solution than 90-95% of bureaucrats, accountants, lawyers, private tax advisors etc would be unemployed/out of business. Millions of people depend on laws/rules being really unclear so that they can make a living.
Wonderful advice Michael, thank you. It seems to be such a terrible time to start a business... Surely there must be businesses that to well through a depression? Thank you for sharing your insights. Bri
gm ser, big fan of defi yield and this channel. I was wondering if you could make a video for a company set up for people who work fully remotely in crypto and get paid in crypto? like options for a good combination of DN visa / perpetual travelling and company structure for receiving a salary, consulting and also trading using that structure with 0% taxes.
I know that the title of your channel is off shore citizen but you seem very knowledgeable about this and I would really appreciate a video on the best thing to do if you are in the United States and do not plan on leaving. I have no intention of setting up an offshore account but would really like to know the best plan of attack crypto banking wise for US residents most of the TH-cam videos aren’t that great about it
We do talk about the US from time to time, so definitely check some of those videos. As for your suggestion - we'll keep it in mind :) How did you like today's video?
@@OffshoreCitizen i like all of your videos although sometimes i do wish for more specifics. They just dont all apply to me unfortunately because im not leaving the U.S. lol
@@ENigma-es7td Just obey the rules of the country that you live in. What do you mean by "the best plan of attack crypto banking wise for US residents" ?
A Canadian with onshore assets and income, and also Dominican SRL construction business. Would you have a good strategy from tax and asset protection perspective?
Michael, or anyone quick question....anyone have experience in moving a stock portfolio from say Canada, North America....offshore to an overseas broker, 'in kind' without having to liquidate your stocks into cash, wire...re purchase etc....I can do this locally within Canada between the different brokers, but international? Thanx!!!!
So true about the holistic approach... Professionals like Michael can come up with the structure of your dream which will be perfectly transparent and legal. You just should formulate what you need and put in some effort. These videos are only simplistic examples, real life goes by fine-tuned tax treatments and rulings
True!
Do you have any experience with this?
Great advice it depends on so many factors:
Your domicile
Your business needs
Your clients & suppliers
Banking
Tax treaties.
My offshore business has went quiet, but we dont stick to one jurisdiction.
Definitely.
How did you work out the strategy?
This is why i like your channel. You have a holistic approach.
Hey Michael, nice video. Could you do a video on the best structure for non us citizens to invest in us real estate and stocks in a tax optimized way?
Great suggestion!
Why would you be interested in doing so?
@@OffshoreCitizen Because debt is quite cheap in us and huge leverage can be used in us real estate
@@OffshoreCitizen I would also like to understand best options to start trading US stocks when you live in the EU
@@ricardomax84 Are you into US stock trading as well?
Have you done any videos on Luxembourg? Specifically, opening a company in Luxembourg or Liechtenstein?
What's the best American bank for overseas living and business? I need to receive and send money while abroad without having to be at my bank in person. Like wire online or direct transfer. Should be normal procedure
The truth is if laws/rules would be clear and there would exist a best solution than 90-95% of bureaucrats, accountants, lawyers, private tax advisors etc would be unemployed/out of business.
Millions of people depend on laws/rules being really unclear so that they can make a living.
Wonderful advice Michael, thank you.
It seems to be such a terrible time to start a business...
Surely there must be businesses that to well through a depression?
Thank you for sharing your insights.
Bri
gm ser, big fan of defi yield and this channel. I was wondering if you could make a video for a company set up for people who work fully remotely in crypto and get paid in crypto? like options for a good combination of DN visa / perpetual travelling and company structure for receiving a salary, consulting and also trading using that structure with 0% taxes.
Interesting suggestion! We'll see what we can do
How did you like today's video?
Another great video!
Thanks again!
I know that the title of your channel is off shore citizen but you seem very knowledgeable about this and I would really appreciate a video on the best thing to do if you are in the United States and do not plan on leaving. I have no intention of setting up an offshore account but would really like to know the best plan of attack crypto banking wise for US residents most of the TH-cam videos aren’t that great about it
We do talk about the US from time to time, so definitely check some of those videos. As for your suggestion - we'll keep it in mind :)
How did you like today's video?
@@OffshoreCitizen i like all of your videos although sometimes i do wish for more specifics. They just dont all apply to me unfortunately because im not leaving the U.S. lol
@@ENigma-es7td Just obey the rules of the country that you live in.
What do you mean by "the best plan of attack crypto banking wise for US residents" ?
Fantastic discussion yet again! Thanks for sharing, and I very much look forward to using your sevices in the future 😎
Looking forward to it too :)
Great videos! If I setup my company in Dubai but work from the UK, is the Dubai company liable for UK corporation tax?
Yes. You should look into UK's CFC and control and management rules
Best offshore setup for a equipment rental and trucking company operating in the caribbean?
Please send a message through www.offshorecitizen.net
TL;DR there's no one size fits all?
A Canadian with onshore assets and income, and also Dominican SRL construction business. Would you have a good strategy from tax and asset protection perspective?
Please send a message through our website offshorecitizen.net/contact/
Shud make a video of where should a youtuber make a co and bank acc if he lives in say malaysia or sg or india
Michael, or anyone quick question....anyone have experience in moving a stock portfolio from say Canada, North America....offshore to an overseas broker, 'in kind' without having to liquidate your stocks into cash, wire...re purchase etc....I can do this locally within Canada between the different brokers, but international? Thanx!!!!
Don't blame for getting outta Canada
Sortry no answer is also no solution😎
There's always a solution, just a unique one for each specific situation.
What do you think would be a solution here?
Hey Michael you have any email to submit you my cv as I have many skills that will be interesting for you to work in your company
Hi Musa,
You can send a message through our website - offshorecitizen.net/