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To: OrangeHoof
I tried to start a biz in Panama last year. On paper it seemed like a good idea, but in reality it’s almost impossible to even get a callback from a lawyer. Plenty of hoops to jump through to even open a bank acct. 😢😳
7 posted on 02/22/2020 11:27:45 AM PST by The Duke (President Trump = America's Last, Best Chance)
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To: The Duke

[I tried to start a biz in Panama last year. On paper it seemed like a good idea, but in reality it’s almost impossible to even get a callback from a lawyer. Plenty of hoops to jump through to even open a bank acct. ]


Blame

https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act

If you can get a foreign passport, try opening an account using that passport as ID. You might have to say something other than the truth, though, when they ask you if you’re an American citizen.


9 posted on 02/22/2020 11:34:35 AM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: The Duke

#7 You gotta ask the Clintons how they do it.


16 posted on 02/22/2020 12:27:15 PM PST by minnesota_bound (homeless guy. He just has more money....He the master will plant more cotton for the democrat party)
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