Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: calendly.com/michael-rosmer?month=2021-03 You can visit our website for more information about us: offshorecitizen.net
thank you Michael -- you are exactly correct -- many of these businesses will pressure you to sign up in one of the most expensive zones -- and claim you won't be able to get banking without forming in that pricey zone -- and meanwhile they say substance isn't a big deal or required, nor a residential lease. So you'll be paying a good 10 thousand with those kind companies just to form... and you could've just opened a RAK freezone company or something less expensive like that and used the money towards creating real substance there -- which actually makes the real difference I think. So they are taking advantage IMO, and misrepresenting what actually matters to the banks, because they know they cannot profit off you forming substance, but they do profit off you choosing an expensive dubai zone. Sneaky stuff. Would you say the most important factor is having an office? Or having a residential lease to show the bank? Because renting a home in dubai is not cheap. And there's laws there apparently not allowing people to sublet -- therefore if you rent, and then want to leave dubai most of the year -- you cannot even make use of that rental by renting it out to someone else -- or so i heard.
My experience is the most valuable thing you can do is get a residential address. It's not always necessary (to be fair you could get accounts without it or bank outside of UAE but if I was going to choose 1 thing I'd get a residential address). If you won't be there much usually go for a far out small apartment.
It is also worth mentioning that not all free zones allow every business activity. Often, finding the best matching business activity from their list can require some creativity and research. Some free zones are also specialised. As a foreign exchange speculator (with my own money and no clients), I could only think of two free zones that directly offer exactly that business activity. Thinking a little further, I could of course consider the activity of a single-family office or, of course, a holding company if all I want is a visa to live/get residency in the UAE.
Hello, For a software services can we do business with UAE mainland companies? if any promotion required inside the client premises to explain the software usage or clearing the doubts is it allowed? or everything should be on phone?
Thank you for this amazing video, what do you think sir of Ajman media city FREEZONE ? Due to your huge experience are they serious with their clients or not?
Great video. We took the plunge and moved our business to Dubai this year, and let me tell you, it's been a serious headache. Dealing with the whole process of starting or shifting a business here is way more complicated and annoying compared to what we're used to in the Western countries. You can't just buy an LLC like you can back home; it involves a bunch of confusing paperwork and details. But, even though it's been really frustrating, it's starting to pay off because we don't have to pay any taxes anymore, and Dubai is just an incredible place. Luckily, we stumbled upon a company that helps with setting up businesses; otherwise, I think we'd be stuck trying to figure everything out on our own for ages.
hi mate. which freezone is best for just registering a company . having virtual office for all online digital marketing and online technology services provider
Hello OC.. I'm looking to set up a trading company registered in Dubai. No physical business or imports to or through the UAE. The activity will be e-commerce brand selling in the UK/USA. I'm getting a lot of suggestions on IFZA - prices seem comparable and no audit requirements which suits me. So much conflicting information out there ! In your experience is this a good freezone post registration - I want to work with a zone that helps when there are problems / expansions / bank account issues etc. many thanks and excellent info as always !
Great video as always, Mike. I see a lot of guys just open a random Freezone company just to get an Emirates ID. Is it true Mike? Is banking really difficult there as well?
Yeah it makes tons of sense to open a company just to get an Emirates ID. Banking isn't so hard though it can be tough for businesses if you don't have an actual local address.
I must be honest, I love this video but please , how can I know if a company is a freezone company without asking the manager or anyone who works in the company???
Hi, Thank you for your content. Very informative. I am looking to see if Dubai FZ is a good option for my business? I have a consulting company in Europe. Due to shortage of talent & cost, we want to recruit in South East Asia, working remotely for clients (Covid made this acceptable). But the hassle of setting up a legal entity in multiple countries is too high and I am wondering if a Dubai FZ company be a good option, where we can issue legal contract for Remote hiring e.g. in Sri Lanka or India? Our expected number for 2023 is hiring around 10-15 people through the Dubai FZ company (assuming it is possible). I should also add, in the near-term, we will not be providing services in UAE. Thanks
Hai sir, I worked in Dubai airport freezone company. Now I resigned and joined new company. I want my old company contract. How to get that one? I mean dafza labour contract.
Good information. I am just in the process of considering do this. I spoke with someone from Businessspace at the Expo last week. If I have several business ideas do I need more than one license? Also, with the license I am afforded UAE visa/ID and can then lease an office so that opening a business banking account would be easier. Is that correct?
Depending on the case you can actually get multiple licenses with one company. Usually you don't need this in practice but it partially depends what the ideas are. Yes you can though there are restrictions on where you can get the office.
Hi Mike, I am Raj. I have a question related to procurement process. If a company inside jebel ali free zone, placing an purchase order to a overseas supplier say the supplier is in China and instruct the supplier to ship the goods to the customer in France directly to avoid freight and handling cost of bringing into jebel ali free zone and to re export to the customer in France, will this process is compliance as per jebel ali free zone regulations or the goods needs to received into jebel ali free zone and then to re export to fulfill customer in France. Need your expert advise. If we can ship directly to customer will save a considerable cost and lead time benefits however I want to know if this process is legal. Thanks.
I am planning to move to Dubai in the next 2-3 months with my girlfriend, btw I will open an SPC-free zone company. The question is am I allowed to live together with my girlfriend in a rented apartment if we're not married?
Do not believe this dude. He is a westerner and ignorant about local customs and Sharia Law. Technically you can't live with your girlfriend. You need to get married. If someone(concierge or your neighbor) reports you, you will ger arrested. It happens.
@offshore citizen - can owner live in another city than the one they have the frezone business in? For example, if I get a Freelance Ajman license, can I still live in Dubai or something? Any thoughts on this? Thanks
Hi I am writing to inquire about the types of visas that are available for individuals who want to live and work in Dubai. To provide some context, I am a UK resident who currently has a home office and is interested in moving to Dubai. I want to be able to work remotely and maintain my home office, but also obtain a residence permit so that I can rent a property and open a bank account in Dubai. I am interested in exploring all of my options, including remote visas, nomad visas, and free zone visas, and I would like to have access to all of the facilities that Dubai has to offer. At the same time, I want to avoid paying taxes in Dubai, if possible. Could you please provide me with information on the different types of visas that would allow me to do this? Specifically, I am interested in learning about the visa requirements, conditions, and eligibility criteria for each option. Thank you for your time and assistance. I look forward to hearing back from you soon. Best regards,
Hi Mike, this info was well delivered and clear, unlike others I've seen which are confusing. Can you advise me on setting up a business if Freezone or Mainland would be best for me? I provide events management service throughout Dubai and UAE. Thank you.
Thank you! Happy to advise you on this. We can also assist throughout the process. It's probably best to get on a call first. You can tell me all about your specific situation and I'll guide you on the best solution. You can book a consultation here calendly.com/michael-rosmer
Looking into incorporating software consultancy in Dubai. International clients. Do you need to be a resident or living in the UAE to open a freezone company? Also, do you need to open a local bank account if your business is crypto native?
Hi Mike, great informative video! Which free zone would you recommend for a financial company besides DICF, where it is easy to open a bank account? Once again, thanks for the great content:)
Good morning Sir currently I'm entry permit of free zone company now I want to go back my country but my passport hold to company so now this situation what can I do
Can you have your office in your apartment in Dubai? Also I like Deira - kinda reminds me of growing up in 70s Saudi - plus it's low cost and seems to have more of a soul to it. Most videos say to avoid it though for residence - any thoughts?
If you like Deira then go for it. It's low cost and convenient. It's just not as visually attractive as many other parts of Dubai. Yes you can have your office in your home but only for personal working not as an official office for clients to visit or something.
Thank you for this wonderful video, I wanted to ask if I can use my friends appartment address in order to open a bank account ? Since I'll be going to UAE just for few days a year and my friend is already living there so it makes sense to her to rent an appartment but it's not my case, and thank you in advance
Hi and thanks for your great info. I'm an iranian and want to setup a free zone company in Dubai, but I've read some rules about the limitation for iranian nationality for setuping a free zone company. Can i open a LLC free zone company as an iranian ? if possible can I own 100% of the company ? Thanks for your response.
I have a limited company in UK and interested setting up in uae, can I use same company name? What will be good going as a branch office or setting a new company but keeping same name register in UK? Does that make sense. can we switch later free zones?
Yes you can though other structures might make more sense depending. Best would be to book a call and we can discuss your situation to guide you on what's best in your case calendly.com/michael-rosmer/
Hi, Oleg Would be happy to assist you. We provide our service as a full package (company formation + residency + banking). Feel free to reach out through our website offshorecitizen.net/
What is the lowest cost way to have an address there if you won't be in UAE and just come back for a few days twice a year to keep the residency on? Are there PO box / virtual address services that are sufficient for personal banking?
Best is to contact us about this directly and we can discuss as there are quite a few factors to consider. You can book a call or send a message through our website.
Semi-deep thought: If a person goes (with their money) to a place where important and many other wealthy people go to. Shouldn't behind the scenes powers keep those places relatively free? Compared to what might happen to just hanging out in middle-class locals, with a big target on your money and not enough allies around to create safe harbor conditions?
What do you mean with "free". Like - do you think a wealthy person thinks in terms of "if I avoid this 5000 USD I am richer, even though I may have to pay taxes?". Contrary I would say that certain things CAN be more complicated as long as they do not go substantially in the way. I.e. some paperwork that someone hired can handle.
@@MichaelRosmer I mean if Authoritarian political parties, and colluding controlling forces were to exact a lot of control on a society. Similar to China's example of a social credit system, where if you aren't approved you can't even buy bus fare with your e-currency. I mean, if a countries fiat currency collapses, would another currency like say Swiss Francs be available to you? That kind of lack of freedom or access to freedom. I would suspect that if a person could go where the powerful people find refuge, then one would be better off for having freedoms. So, relating to my original question. Would a person be better off trying to shoot for living in UAE or Switzerland or maybe Singapore. Versus somewhere regular? I notice in N.Z., Australia, Thailand, Europe, USA they lock down the societies pretty quick. Sorry for the long post.
Yeah I'd say other people are definitely an indicator, though it's never a one dimensional factor so it's important to watch for that. For instance a lot of UHNWIs are moving to Australia so should you go there? What does it tell you? These are often people moving from places like China so you've got to compare that. Also, note that these people don't necessarily know and might be responding to brand, which is why I think the share of people who go and stay is an interesting data point. Good contrast here is between Panama and Cyprus. I see tons of people who move to Panama but almost none who stay. By contrast, most of those I know who move to Cyprus seem to stay... Interesting data point.
@@OffshoreCitizen Yes, thank you for adding those points for consideration! Just goes to show that a person has to do some thinking and not just follow people's responses to brands. Another point that influences people I'm pretty sure, is historical reputation. A lot of people tend to think that Switzerland is still ironclad in bank secrecy, based on the old old days. Again, thanks much.
You can get personalized advice about tax, asset protection, offshore banking, residency, and citizenships here - calendly.com/michael-rosmer?month=2021-03 or you can visit our websites for more information about us: offshorecitizen.net & www.offshorecapitalist.com
@offshore_citizen Some points: The video sound is resonant - not clear. You talk like a rabbit running - I can’t understand you. Organize your thoughts - make points so that I can follow - use a story telling form. Thanks for the content anyway.
Shut up man. He’s giving you advice for free. Pay him a consultancy fee if you want better audio that doesn’t sound like a rabbit running(whatever this means)
![COLOMBIA vs. CHILE [4-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 10](http://i.ytimg.com/vi/TDjN4W3yy1k/mqdefault.jpg)
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships:
calendly.com/michael-rosmer?month=2021-03
You can visit our website for more information about us: offshorecitizen.net
thank you Michael -- you are exactly correct -- many of these businesses will pressure you to sign up in one of the most expensive zones -- and claim you won't be able to get banking without forming in that pricey zone -- and meanwhile they say substance isn't a big deal or required, nor a residential lease.
So you'll be paying a good 10 thousand with those kind companies just to form... and you could've just opened a RAK freezone company or something less expensive like that and used the money towards creating real substance there -- which actually makes the real difference I think.
So they are taking advantage IMO, and misrepresenting what actually matters to the banks, because they know they cannot profit off you forming substance, but they do profit off you choosing an expensive dubai zone. Sneaky stuff.
Would you say the most important factor is having an office? Or having a residential lease to show the bank?
Because renting a home in dubai is not cheap. And there's laws there apparently not allowing people to sublet -- therefore if you rent, and then want to leave dubai most of the year -- you cannot even make use of that rental by renting it out to someone else -- or so i heard.
My experience is the most valuable thing you can do is get a residential address. It's not always necessary (to be fair you could get accounts without it or bank outside of UAE but if I was going to choose 1 thing I'd get a residential address).
If you won't be there much usually go for a far out small apartment.
It is also worth mentioning that not all free zones allow every business activity. Often, finding the best matching business activity from their list can require some creativity and research. Some free zones are also specialised. As a foreign exchange speculator (with my own money and no clients), I could only think of two free zones that directly offer exactly that business activity. Thinking a little further, I could of course consider the activity of a single-family office or, of course, a holding company if all I want is a visa to live/get residency in the UAE.
Hi Jens, which are these two free zones you found?
This is very true. That being said licenses are also somewhat flexible so you can often find another license to use for your activities
@@radkovhr I am currently talking to DMCC, which offers exactly that. As I understand it, DIFC should also be suitable.
@@jensg.7553 you can choose other freezones too. DMCC is for gold/precious metal import/exp trading
Hi Jens G! Are you hiring?
GREAT VIDEO FOR PEOPLE USING UAE as a BUSINESS HAVEN!
Hello, For a software services can we do business with UAE mainland companies? if any promotion required inside the client premises to explain the software usage or clearing the doubts is it allowed? or everything should be on phone?
Thank you for this amazing video, what do you think sir of Ajman media city FREEZONE ? Due to your huge experience are they serious with their clients or not?
Plz make an updated version of freezone company, thanks
Great video. We took the plunge and moved our business to Dubai this year, and let me tell you, it's been a serious headache. Dealing with the whole process of starting or shifting a business here is way more complicated and annoying compared to what we're used to in the Western countries. You can't just buy an LLC like you can back home; it involves a bunch of confusing paperwork and details. But, even though it's been really frustrating, it's starting to pay off because we don't have to pay any taxes anymore, and Dubai is just an incredible place. Luckily, we stumbled upon a company that helps with setting up businesses; otherwise, I think we'd be stuck trying to figure everything out on our own for ages.
How did you go about establishing your company in Dubai?
@@Helen-tr6ew Worked with a consulting company. Not worth the hassle otherwise. Think they were called Consultingbyred UAE
hi mate. which freezone is best for just registering a company . having virtual office for all online digital marketing and online technology services provider
Hello OC.. I'm looking to set up a trading company registered in Dubai. No physical business or imports to or through the UAE. The activity will be e-commerce brand selling in the UK/USA. I'm getting a lot of suggestions on IFZA - prices seem comparable and no audit requirements which suits me. So much conflicting information out there ! In your experience is this a good freezone post registration - I want to work with a zone that helps when there are problems / expansions / bank account issues etc. many thanks and excellent info as always !
Great video as always, Mike. I see a lot of guys just open a random Freezone company just to get an Emirates ID. Is it true Mike? Is banking really difficult there as well?
Yeah it makes tons of sense to open a company just to get an Emirates ID.
Banking isn't so hard though it can be tough for businesses if you don't have an actual local address.
I must be honest, I love this video but please , how can I know if a company is a freezone company without asking the manager or anyone who works in the company???
Which freezone is good to open an company to do forex currency trading company in Dubai?
And cost required for it?
Thx...
Best is to send a message through www.offshorecitizen.net
amazing content , thanks a lot
Our pleasure!
Anything you'd like to see next?
And at the end of the day what is the best free zone…? You talk around the subject and told us nothing 😀 waste of time
Hi, Thank you for your content. Very informative.
I am looking to see if Dubai FZ is a good option for my business?
I have a consulting company in Europe. Due to shortage of talent & cost, we want to recruit in South East Asia, working remotely for clients (Covid made this acceptable). But the hassle of setting up a legal entity in multiple countries is too high and I am wondering if a Dubai FZ company be a good option, where we can issue legal contract for Remote hiring e.g. in Sri Lanka or India? Our expected number for 2023 is hiring around 10-15 people through the Dubai FZ company (assuming it is possible). I should also add, in the near-term, we will not be providing services in UAE.
Thanks
Complex question for specific advice best is to book a call and we can guide you on the best solution for you
calendly.com/michael-rosmer/
Great content like usual
Hey Michael - what is the cheapest option If you only want Emirates ID?
Hai sir, I worked in Dubai airport freezone company. Now I resigned and joined new company. I want my old company contract. How to get that one? I mean dafza labour contract.
Good information. I am just in the process of considering do this. I spoke with someone from Businessspace at the Expo last week. If I have several business ideas do I need more than one license? Also, with the license I am afforded UAE visa/ID and can then lease an office so that opening a business banking account would be easier. Is that correct?
Depending on the case you can actually get multiple licenses with one company. Usually you don't need this in practice but it partially depends what the ideas are.
Yes you can though there are restrictions on where you can get the office.
Hi Mike, I am Raj. I have a question related to procurement process. If a company inside jebel ali free zone, placing an purchase order to a overseas supplier say the supplier is in China and instruct the supplier to ship the goods to the customer in France directly to avoid freight and handling cost of bringing into jebel ali free zone and to re export to the customer in France, will this process is compliance as per jebel ali free zone regulations or the goods needs to received into jebel ali free zone and then to re export to fulfill customer in France. Need your expert advise. If we can ship directly to customer will save a considerable cost and lead time benefits however I want to know if this process is legal. Thanks.
I am planning to move to Dubai in the next 2-3 months with my girlfriend, btw I will open an SPC-free zone company. The question is am I allowed to live together with my girlfriend in a rented apartment if we're not married?
Yes
@@OffshoreCitizen thank you for the feedback I appreciated it.
Do not believe this dude. He is a westerner and ignorant about local customs and Sharia Law. Technically you can't live with your girlfriend. You need to get married. If someone(concierge or your neighbor) reports you, you will ger arrested. It happens.
@@samsadeniz is that rule also for Dubai?
@@ivan_votipka yes you can live anywhere in UAE with your partner
RAKEZ - Ras Al Khaimah Economic Zone is the very best free zone in the U.A.E.
What do you think makes RAKEZ the best?
Why would someone get a 2 year investor/partner visa over paying every year for a 1 year visa allocation, which is the cheaper option?
Ease and convenience
@offshore citizen - can owner live in another city than the one they have the frezone business in? For example, if I get a Freelance Ajman license, can I still live in Dubai or something? Any thoughts on this? Thanks
Yes, you absolutely can.
Hi
I am writing to inquire about the types of visas that are available for individuals who want to live and work in Dubai.
To provide some context, I am a UK resident who currently has a home office and is interested in moving to Dubai. I want to be able to work remotely and maintain my home office, but also obtain a residence permit so that I can rent a property and open a bank account in Dubai. I am interested in exploring all of my options, including remote visas, nomad visas, and free zone visas, and I would like to have access to all of the facilities that Dubai has to offer.
At the same time, I want to avoid paying taxes in Dubai, if possible. Could you please provide me with information on the different types of visas that would allow me to do this? Specifically, I am interested in learning about the visa requirements, conditions, and eligibility criteria for each option.
Thank you for your time and assistance. I look forward to hearing back from you soon.
Best regards,
Probably best to reach out to discuss all the details of your specific situation and conclude on the optimal solution
Hi, if a tramit an e-commerce in RAK can I sell products in Dubái? Is it allowed? Some people say yes other say no :)
No it isn't
@@OffshoreCitizen thanks so can I only sell in Dubái?
Came here to learn about freezones but you didn't mention in detail about any!
Brother which is Transguard company is it free zone or not
Hi Mike, this info was well delivered and clear, unlike others I've seen which are confusing. Can you advise me on setting up a business if Freezone or Mainland would be best for me? I provide events management service throughout Dubai and UAE. Thank you.
Thank you!
Happy to advise you on this. We can also assist throughout the process. It's probably best to get on a call first. You can tell me all about your specific situation and I'll guide you on the best solution.
You can book a consultation here calendly.com/michael-rosmer
Hi Mike which area is better for starting picture framing shop
Looking into incorporating software consultancy in Dubai. International clients.
Do you need to be a resident or living in the UAE to open a freezone company?
Also, do you need to open a local bank account if your business is crypto native?
Why you go to UAE? Isnt you Jersey resident grant you nearly everything tax free ? What is the additional benefit ?
Jersey isn't a zero tax jurisdiction. Jersey is also a tiny island with bad weather. UAE is the only world class city with zero tax.
Hey man, If you got 2 seperate businesses, can you combine them into 1 account?
1 account no. 1 visa yes
Hello, thank you for this video. I'm in dubai and i'm really eager to know about freezone companies.
Please send us a message through our website
ruclips.net/video/6BbsBkx__Zc/видео.html
How much it cost to open crypto investments visa with bank account.
Feel free to reach out through our website so we can see what the best fit would be for you
Hi, what is the best free zone for crypto trading!?
Hi Mike, great informative video! Which free zone would you recommend for a financial company besides DICF, where it is easy to open a bank account? Once again, thanks for the great content:)
Really depends on the details, best is to book a call and discuss specifics as they apply to you
Good morning Sir currently I'm entry permit of free zone company now I want to go back my country but my passport hold to company so now this situation what can I do
Can you have your office in your apartment in Dubai? Also I like Deira - kinda reminds me of growing up in 70s Saudi - plus it's low cost and seems to have more of a soul to it. Most videos say to avoid it though for residence - any thoughts?
If you like Deira then go for it. It's low cost and convenient. It's just not as visually attractive as many other parts of Dubai.
Yes you can have your office in your home but only for personal working not as an official office for clients to visit or something.
I agree, Deira reminds me of life in Saudi and feels less like foreign Dubai
Thank you for this wonderful video, I wanted to ask if I can use my friends appartment address in order to open a bank account ? Since I'll be going to UAE just for few days a year and my friend is already living there so it makes sense to her to rent an appartment but it's not my case, and thank you in advance
No, unfortunately that usually doesn't work they require proof it is your address in most cases generally by providing an ejari
Hi and thanks for your great info. I'm an iranian and want to setup a free zone company in Dubai, but I've read some rules about the limitation for iranian nationality for setuping a free zone company. Can i open a LLC free zone company as an iranian ? if possible can I own 100% of the company ? Thanks for your response.
Hi Hadi, it's probably best to send a message through one of our websites and we can discuss the details
Thanks Indeed.
I have a limited company in UK and interested setting up in uae, can I use same company name? What will be good going as a branch office or setting a new company but keeping same name register in UK? Does that make sense. can we switch later free zones?
You can use the same name.
Don't quite understand the other questions might be best to book a call or send us an email to get into more details.
@@OffshoreCitizen will do thanks
Hi sir,
Any information regarding best free zone company for licenced Nurses?
Can I start a company to trade my own money in forex and futures ?? In which freezone it is acceptable?
Yes you can though other structures might make more sense depending. Best would be to book a call and we can discuss your situation to guide you on what's best in your case
calendly.com/michael-rosmer/
Thanks ,Its very interesting .am looking consultation as biggner for the business
Feel free to reach out and we'll be happy to assist you :)
Kindly share Any know vacancy for Registered Nurse in free zone company?
thanks for the information, could you advice me a company to get freezone license, I want to set up business in Dubai. Regards
Hi, Oleg
Would be happy to assist you. We provide our service as a full package (company formation + residency + banking). Feel free to reach out through our website offshorecitizen.net/
Its not clear, what do you want to say? video is not related to title!!
What is the lowest cost way to have an address there if you won't be in UAE and just come back for a few days twice a year to keep the residency on?
Are there PO box / virtual address services that are sufficient for personal banking?
PO Box or virtual address isn't sufficient for banking. You need an actual address. You can rent a cheap place fairly easily.
@@MichaelRosmer Isn't shared office space with address enough for bank account ?
Hi Mike, If someone wishes to set up a non physical crypto business, where and what are the most affordable options please?
Best is to contact us about this directly and we can discuss as there are quite a few factors to consider.
You can book a call or send a message through our website.
Did i saw you in Montenegro video ??
Perhaps?
Semi-deep thought: If a person goes (with their money) to a place where important and many other wealthy people go to. Shouldn't behind the scenes powers keep those places relatively free? Compared to what might happen to just hanging out in middle-class locals, with a big target on your money and not enough allies around to create safe harbor conditions?
When you say "free" what do you mean?
What do you mean with "free". Like - do you think a wealthy person thinks in terms of "if I avoid this 5000 USD I am richer, even though I may have to pay taxes?". Contrary I would say that certain things CAN be more complicated as long as they do not go substantially in the way. I.e. some paperwork that someone hired can handle.
@@MichaelRosmer I mean if Authoritarian political parties, and colluding controlling forces were to exact a lot of control on a society. Similar to China's example of a social credit system, where if you aren't approved you can't even buy bus fare with your e-currency. I mean, if a countries fiat currency collapses, would another currency like say Swiss Francs be available to you? That kind of lack of freedom or access to freedom.
I would suspect that if a person could go where the powerful people find refuge, then one would be better off for having freedoms.
So, relating to my original question. Would a person be better off trying to shoot for living in UAE or Switzerland or maybe Singapore. Versus somewhere regular? I notice in N.Z., Australia, Thailand, Europe, USA they lock down the societies pretty quick. Sorry for the long post.
Yeah I'd say other people are definitely an indicator, though it's never a one dimensional factor so it's important to watch for that.
For instance a lot of UHNWIs are moving to Australia so should you go there? What does it tell you? These are often people moving from places like China so you've got to compare that.
Also, note that these people don't necessarily know and might be responding to brand, which is why I think the share of people who go and stay is an interesting data point.
Good contrast here is between Panama and Cyprus. I see tons of people who move to Panama but almost none who stay. By contrast, most of those I know who move to Cyprus seem to stay... Interesting data point.
@@OffshoreCitizen Yes, thank you for adding those points for consideration! Just goes to show that a person has to do some thinking and not just follow people's responses to brands. Another point that influences people I'm pretty sure, is historical reputation. A lot of people tend to think that Switzerland is still ironclad in bank secrecy, based on the old old days. Again, thanks much.
How to get in touch with you?
Send a message through www.offshorecitizen.net
2k to set up/ 2 k every years for the licence... Meh...
I need your help how can I connect with you ?
You can get personalized advice about tax, asset protection, offshore banking, residency, and citizenships here - calendly.com/michael-rosmer?month=2021-03 or you can visit our websites for more information about us: offshorecitizen.net & www.offshorecapitalist.com
you never speak up bro, check your audio
You should check your phone. I can hear him clearly
@offshore_citizen
Some points:
The video sound is resonant - not clear.
You talk like a rabbit running - I can’t understand you.
Organize your thoughts - make points so that I can follow - use a story telling form.
Thanks for the content anyway.
I think I understood him ok. (My only question mark would be the fashion shirts.. lol)
Shut up man. He’s giving you advice for free. Pay him a consultancy fee if you want better audio that doesn’t sound like a rabbit running(whatever this means)