Bifalgorithm post
Unethical but legal way to make money. Part 82. You open a bank account in Georgia, the country, not the state. Georgian banks accept foreign nationals with minimal documentation and pay between 8 and 12% annual interest on deposits while your American savings account pays you 1%. You then set up an Estonian e-residency company for $100 online without ever visiting Estonia. Estonia allows anyone on earth to register a business there remotely. That company becomes your international business entity. Revenue flows in. The timing of when that income hits your American tax return is now something you control. This is called international tax deferral and it is completely legal for amounts under the foreign earned income exclusion threshold. You are not hiding money. You are a global citizen operating a borderless business the same way every multinational corporation has operated since the invention of the airplane. Go to edashresident.gov.EE right now. It costs $100. For $100 you become an Estonian company owner with a Georgian bank account earning 12% interest while sitting in your apartment eating cereal. The cereal is not a business expense I checked. Did you know you can open a company in Estonia and a bank account in Georgia remotely to get 12% in interest on your savings? Full breakdown is in my bio. Follow at Wealth of Ora.
Unethical but legal way to make money. Part 82. You open a bank account in Georgia, the country, not the state. Georgian banks accept foreign nationals with mi…
Ideas in this flowchart
- Unethical but Legal Ways to Make Money
- Open a Bank Account in Georgia
- Foreign Nationals Accepted
- 8-12% Annual Interest
- Set Up Estonian E-Residency Company
- Register Business Remotely
- $100 Online Setup
- International Business Entity
- Control Timing of Income
- International Tax Deferral
- Legal Under Foreign Earned Income Exclusion
- Global Citizen with Borderless Business
- Not Hiding Money
- Multinational Corporation Model
- Estonian Company Owner for $100
- Cereal is Not a Business Expense
- Open Company and Bank Account Remotely
- 12% Interest on Savings