When it comes to legal status in a country, two terms often come up: citizenship and residency. These two concepts, while related, are distinct in their rights, responsibilities, and processes. This comprehensive guide will help you understand the key differences between citizenship and residency. Defining Citizenship and Residency Before discussing the differences, it’s important to […]

Are you a German entrepreneur looking to get the most out of your business? Have you considered the potential benefits of establishing a US Limited Liability Company (LLC) for Germans? In this article, we will explore how a US LLC can provide German business owners with a range of advantages, from enhanced legal protections and […]

Forming a Limited Liability Company (LLC) in the US is a great opportunity for non residents. It allows foreign entrepreneurs to access the lucrative US market, enjoy tax advantages, and protect their assets.  The best part? You don’t need to be a US citizen or resident or even live in the US to start an […]

Embarking on a journey to a new country, whether for work, lifestyle purposes or simply a change of scenery, often begins with seeking residency. While the process can be daunting and bureaucratic in some countries, there are many countries where obtaining residency is surprisingly straightforward. In this guide, we’ll dive deeper into some of the […]

What Is an Offshore Bank Account? Offshore banking refers to the process of opening a bank account outside one’s home country. Individuals or businesses often choose to open offshore accounts for various reasons such as asset protection, tax planning, and diversifying investment portfolios. Offshore banks offer services similar to traditional banks but with added privacy […]

Paraguay has one of the most interesting programs in South America, with a low document requirement residency option, that can lead to permanent residency in only two years. However, Paraguay has recently changed their temporary residency requirements, which in turn changed their permanent residency requirements. In this article, we will explore the new permanent residency […]