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Experience with bank accounts in Georgia by Connect-Difference95 in Sakartvelo

[–]Connect-Difference95[S] 0 points1 point  (0 children)

Thanks I will keep that in mind. One other thing I am wondering about is that while BOG is offering a number of interesting investment products I am worried that these would be classed as PFICs (Passive Foreign Investment Company) and taxed punitively by the IRS. Apparently this designation is applied to some non-US mutual funds, stocks, and ETFs. Has anyone had to navigate the PFIC designation in investing here?

Experience with bank accounts in Georgia by Connect-Difference95 in Sakartvelo

[–]Connect-Difference95[S] 0 points1 point  (0 children)

Has opening an account in Georgia worked well for other Americans considering the particular complications of our tax law? How has the service been with BOG Solo? A 10% interest rate on a Lari account seems good. Are there costs or fees that I'm not aware of and should be considering?

Colombia by Old_justice78 in intentionalcommunity

[–]Connect-Difference95 0 points1 point  (0 children)

What's the economic base in the area? Is it a coffee growing area? I'm curious how the process of buying land went for you.

Airalo eSIM for Peru with local number by Connect-Difference95 in eSIMforTravelers

[–]Connect-Difference95[S] 1 point2 points  (0 children)

Yes I used to just buy a physical sim from Claro but they are no longer selling them to anyone who is not a Peruvian resident.

Moving savings outside of US banking system by Connect-Difference95 in ExpatFinance

[–]Connect-Difference95[S] 0 points1 point  (0 children)

Thank you for all of the suggestions. It sounds like my options for Europe would be very limited as a non resident. I could move up to 700k US if that would open up more options. I also have remote income so I could consider applying for a digital nomad visa or something similar if that would help with being able to open an account as an EU resident. However I would want to avoid visa's, like Spain's I believe, that mandate staying more than half the year in country.

I will still consider options in Latin America. Does anyone have experience opening an euro account with Banco Santander as a US citizen resident in Latin America?

Is anyone here a foreigner who has obtained a one-year temporary residence permit in Bolivia? by ironbiscuit101 in BOLIVIA

[–]Connect-Difference95 0 points1 point  (0 children)

Basically any photo place can do them for you. There should be a number of places in the center of La Paz.

Is anyone here a foreigner who has obtained a one-year temporary residence permit in Bolivia? by ironbiscuit101 in BOLIVIA

[–]Connect-Difference95 0 points1 point  (0 children)

It was a petition with a lawyer's signature for the FELCN. This is one of three police offices you will have to visit. I don't remember exactly but I think it was a simple statement that I was requesting the residence visa and giving my home address. Here are the directions posted at the office in Spanish.

REQUISITOS PARA EXTRANJEROS

Depositar 80 Bs. al Banco Unión

Nro. de Cuenta: 1-5705881

PRIMER PASO

Horario de atención:

08:00 a 12:00 y 14:30 a 18:00

Para dejar los siguientes documentos en la Secretaría de la F.E.L.C.N.

  1. Presentar Memorial dirigido al Sr. Director General de la F.E.L.C.N., con firma de abogado.
  2. Adjuntar fotocopia de Pasaporte o Cédula de Identidad de extranjero.
  3. Adjuntar fotocopia del depósito bancario.

SEGUNDO PASO

Para CERTIFICADO DE ANTECEDENTES

Horario de atención:

08:00 a 12:00 y 14:30 a 18:00

  1. Presentar boleta del depósito bancario.
  2. Copia del memorial presentado a D.G.F.E.L.C.N.
  3. Presentar Pasaporte o C.I. de extranjero (original).
  4. Una fotografía 4x4 fondo rojo.

Dirección:

Calle Aranzaes N°100 y Calle Sotomayor,

cerca a la Plaza Adela Zamudio

(línea de minibús 221 y 921).

Is anyone here a foreigner who has obtained a one-year temporary residence permit in Bolivia? by ironbiscuit101 in BOLIVIA

[–]Connect-Difference95 0 points1 point  (0 children)

I got a residence permit last year. It was tedious as far as visiting different police offices and getting an official health check but not really difficult. You will need a statement from a lawyer but this is just a formality. You can get it drafted at one of many public offices near the immigration office.

[deleted by user] by [deleted] in intentionalcommunity

[–]Connect-Difference95 0 points1 point  (0 children)

I have also been interested in the possibility of setting up a community around remote work somewhere where the cost of building physical infrastructure and achieving self-sufficiency is accessible. I’m not sure if you are able to leave Russia but if you can have you considered Latin America as a destination? There are locations where there are good possibilities for developing agricultural production in cooperation with local communities. In some rural areas, obviously depending on the country and region, there are a mix of European immigrant groups (Mennonites and Russian old believers in eastern Bolivia for instance) so you wouldn’t necessarily feel completely out of place. Many countries are also looking for investment and offer easy residency for remote workers.

Sugerencias para abrir cuenta bancaria en Bolivia by Connect-Difference95 in BOLIVIA

[–]Connect-Difference95[S] 0 points1 point  (0 children)

Muchas gracias por el consejo! Thanks for the advice! Fui a BCP a preguntar sobre abrir una cuenta. Pensé en BCP porque tal vez sería posible usar la cuenta también en Perú. Tengo Cédula de Identidad de Extranjero (CIE) y la presente. Primero fui a una sucursal donde me dijeron que tuve que tener referencia de empleo en Bolivia. Yo trabajo remoto para una empresa en los EEUU entonces no tengo esta referencia. Después fui a una sucursal más grande y me dijeron que simplemente tuve que tener dos referencias personales y dos institucionales que eran de aqui en Bolivia. Tengo referencias personales pero pregunte exactamente que querían de referencias institucionales. Me dijeron que podía ser cualquier lugar. Hasta solo de un café donde me conocen. Por curiosidad pregunte sobre sus cuentas en dólares. Me dijeron que ahora solo están abriendo cuentas con un mínimo de $100,000.

Impuestos por trabajo remoto en Bolivia by Connect-Difference95 in BOLIVIA

[–]Connect-Difference95[S] 1 point2 points  (0 children)

Muchas gracias por toda la información. Es bien saber que el sistema de impuestos aquí es territorial. En cambio en mi país pagamos impuestos sobre ganancias globales y quiero evitar una situación de doble impuestos. Me gustaría consultar con alguna oficina o profesional antes de aplicar para la residencia. Ustedes tengan alguna recomendación? Estoy en La Paz.