Would you mind to give some hints regarding your solution/jurisdiction? Thanks and congratulations for your success
I wonder, how this could worK: You not only need a valid passport (and proper visa), you also need a broker (opened an account with one of the major ones lately?). Brokers will ask you for history of residency, brokers will require a bank account, banks will ask for residency ......... This is not the `90s anymore. Good luck
Hi marsman, I would really appreciate if you can update on your progress and if you managed to find a solution to your problems. I'm also from Europe and looking into establishing an offshore company. I'm looking forward to hear back from you. all the best!
You're confusing legal residency with tax residency. You can legally stay in some countries for years without a permanent visa. No broker I know of asks for your visa since it's none of their business, they will ask proof of address though. You can have a bank account in a different country as well, that won't make you a resident there.
Correct. You can have legal residency in country A and have tax residency in country B. Perfectly legal. Your native country is A and you try to find a country where taxation is very low. That will be country B. You start a company in country B and pay taxes there and because of double taxation treaty you will not be taxed again in country A. Only thing that is important: you should be in country B when you are trading. Otherwise you will be taxed in country A. Fake construction are useless. Brokers can even log from where you place orders. Tax people can trace your mobile phone, check use of bankcard or creditcard, check on your adress in country A if you are there or not... Correct. Within Schengen EU citizens can travel without any restrictions in other EU states for 3 months. As you will work parttime in country B and return to country A on a regular basis you will never go over the 3 months limit. Even staying for longer than 3 months is easy as you will work for a company that is established in country B. Receiving permission to stay longer is a small formality. Correct. Your company in country B will have an address that will serve for the broker as well as for the bank. Show them the documents from the registration of your company and you will have no problems.
I think that this is impossible nowadays. If you want to travel on tourist visa, I suppose you need a passport. Open a bank account or get a drivers license? As residence of nowhere? Impossible. What with FATCA? I have various bank accounts, personally and in companies in different countries in Europe. I have to proof for each account that I am not American. Just read what the banks, all over the world, are obliged to confirm to the US. Banks ask copy of ID cards as proof of nationality. What will you show? An ID card from nowhere land?