Help for setting up a business structure for nomad visa requirements

sareshobokhor · 2024-07-24T23:49:31+01:00

Hey everyone :) i'm a citizen of a hated 3rd world country in middle east. my money (mid 6 fig) has been accumulated over years of trading and investing in crypto. the initial source of money ($1K) was the money i got in my childhood and teenage years and then i invested that and started trading with it. if i have done 1000 transaction over the year, i have noted the last 800 ones but i have not much idea about the first ones. my goal right now is to get 2nd citizenship and get a better passport and move somewhere better. at the moment and after lots of talks and thinking, digital nomad visas are the most suitable one for me. I lacked 1. a self-employed structure or an employment contract and 2. a way to prove stable income for digital nomad visas. so I decided to open a sole proprietor company in a gcc country, which also provided me with a two-year residency. my company is a tech company and i have a website for it and i have listed some imaginary products on the website like spreadsheet and excel templates and ... which i can make it look like they are products i'm selling. Now my plan is to cash out the crypto is questionable and i'm not sure.. I was thinking to do it through p2p transactions, selling my crypto to someone and then receiving that money into the company's bank account. and then i will be paying myself a fixed amount each month frequently and make it look like a salary. I was thinking about source of funds if they required, i can create invoices for these transactions, claiming they are for selling my online products if it's possible. I was hoping this structure allow me to provide 1. a working contract (between my company and myself. or just by saying i'm self employed and show the company/business license) 2. show a stable monthly income. for the working contract i can not sign my own working contract, so i need to hire someone else and then tell him to sign my working contract.... and for the stable income and visa requirements, i can just provide payslip and say it has been my salary and they can not question the source of money in the business and what is the business doing... but for later if i wanted to move this money into europe, they might question more and dig deeper and ask for the nature of the business and that's where p2p might not have been enough... what do you think? is there a better structure? maybe i can find someone in a place like Dubai and give them crypto, and then create a working contract between their company and mine and recieve bank transfer from them instead of crypto that i gave to them? any idea?

sareshobokhorNew MemberAuthor

Joined: Jul 2024
Messages: 11

4 Aug 2024#21

jafo said:
Except for having "good passports" (and some not-so-good ones, according to the West, but to me, these are the good ones), I don't have anything you mentioned above, and no place has ever asked me any of those questions or to prove it either.

I don't cash crypto unless it's someone I know and trust who doesn't spew things contrary to the wisdom of Charlie and Warren. Here is what I shared Unlock the Gates of Success: Mentor Group Gold!

If I were in your shoes, what would I do? I'd find someone who ticks all those boxes and see how they solved the problem.

For example, me getting advice from Bill Gates on how to start the next Microsoft is useless to me. My mom is NOT a friend of John Opel to introduce me to him so I can get a deal with IBM. Source: POWER PLAYERS How Bill Gates' mom helped Microsoft get a deal with IBM in 1980 ”“ and it propelled the company's huge success

Find a person like you and see how they solved it. I wouldn't have the slightest idea of how to do it. Maybe someone with more experience in this field will be helpful.

Success!

PS. I see your list, and it makes me anxious! hi%#

My situation is very specific and complex; I think only a handful of people have gone through the same challenges as I have. That's why I'm asking here and there, hoping to find someone who has been in the same shoes.

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