Sell BTC with no source of funds to a company want to form - Need advice

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Last edited: Jan 26, 2021

jim0thy said:

Some contacts suggested forming a cyprus company and going there in person to open a bank account, but is it really doable like I was told?

You will need a company with substance and someone who is connected with the banks in Cyprus, check out the resource section and the providers offering a discount to mentor group members, offshorecorptalk.com/resources/categories/co…-provider.2/

Also Admin has a list of trusted providers, there is also one listed there.

Documents etc. you can get from a registered company (not in your name) and just make invoices matching each transaction in your wallet.

Invoice should show that you traded a service or product and got BTC as payment for your services. Pretty easy to do.

Yes, that simple, you can find more threads about it. I have been doing similar stuff the last year as I mentioned in some threads already.

Just go to dubai, open personal account

You sell them a few btc at a time for cash or deposit

Then move money from there to wherever

Pay someone there to sponsor you and get dubai residence card before opening

Spinat said:

You will need a company with substance and someone who is connected with the banks in Cyprus, check out the resource section and the providers offering a discount to mentor group members, offshorecorptalk.com/resources/categories/co…-provider.2/

Also Admin has a list of trusted providers, there is also one listed there.

Documents etc. you can get from a registered company (not in your name) and just make invoices matching each transaction in your wallet.

Invoice should show that you traded a service or product and got BTC as payment for your services. Pretty easy to do.

Still a valid method? Could you assist me in a similar matter? Please DM me.

jim0thy said:

Hello, I've been reading the forum for some days now, looking for a solution that would help me in my situation. I found a few things that might fit me, but since I have no knowledge on offshore businesses, I figured I'd ask for advice from someone more experienced

I have stashed a substantial amount of BTC - over 100 - which I built after years trading on no-kyc exchanges (the only proof of purchase I might be able to provide is the first purchase, made on a local deal years ago, less than 1btc, though).

So what I want is:

- Sell all this btc for fiat, maybe using a company+bank acccount on an offshore jurisdiction where I could pay low / no taxes, then reinvest the money in stocks, etfs, etc - no need to sell it all at once, don't mind doing it over some years.

Some contacts suggested forming a cyprus company and going there in person to open a bank account, but is it really doable like I was told?

The problem is, after doing some reading on this forum, it looks like no reliable and "big traditional bank" would like to have ties with cryptocurrency transactions. I also don't feel comfortable of doing such deals, since crypto is still a bit shady where I live (South American country). So the best option would be if I could disguise where the money is coming from (maybe with companies made with darks paying my legit company? would this be safe in the long term?).

I just want to do it as safe as possible, and break the link between me and the crypto.

* I would gladly pay an experienced member who could help me to come up with the most suitable solution for me. Can pay you for your time, in BTC, XMR or whatever u want.

Can help.DM me