Topic: US Citizen opening corporate bank account in Europe (Read 175 times)

Is this real?

Sorry to disappoint you but LLCs are restricted to simple businesses. In European countries, you can't start an investment trading corporation under the easy regulations of a LLC.

With all of these challenges that you have itemized, there is no point trying to fight it because even if you get a lawyer who you will pay they would still bore you with all of these challenges and find a way to charge you more. I would suggest a way out though and its simple. Rather than trying to register as a foreign citizen in the country of your choice, I don't think there is anything wrong in finding a friend that country which he register and you become a shareholder without any trouble. You can even go as far as becoming a director in the firm and if you are willing to relocate, you only need to get work permit and that is what a smart lawyer will suggest you do. Over here, an individual can set up a company and within days, you get it out with names eligible to open accounts in any bank whether foreign or local but the condition for a foreigner is almost difficult to overcome except you are coming in full scale into the country but with the micro $50,000, you might be frustrated.

there are countries offering residency if you can invest: for example Greece. for about 300k you can start your ride. Hungary for about 350k. to get full citizenship you have to live there for a while.

I think by now all banks in Europe ask you in you're a US citizen. It's one of the first question asked. So FACTA may be more brutal that what you think.
Some expats in Estonia also use Uphold, other than that did you check e-resident.gov.ee they give suggestions for banking and others information

I'm asking particularly of experienced traders, (mostly because they may be more successful experienced business folk in the crypto scene) about trying to setup an LLC in europe and overseas. I don't necessarily want someone to spoon feed me or go out of their way, just really hoping to get some advice on lawyers, or are there any lawyers and accountants here who can mention firms with experience, and are there any business folk here who have experience with creating an investment trading corporation that has access to oversea banks namely europe

A) My primary concern is not tax reduction, I want access and I want to stop being a 'retail trader'. I also want to be prepared to start smaller business ventures.

B) I want to register with exchanges as a corporate account.

C) I'm thinking of getting a longterm residency visa in europe and eventual duel cititzenship.

There is a a lot of shady shady stuff online regarding this, and that is not my desire. I'd like to save up a proper sum of money lets say 50 grand for argument sake, and hire a good lawyer several months from now, as opposed to being even more on the wrong side of the SEC and getting scammed even more, to say the least.

I was going to get an e residency for estonia, but Holvi, Swedbank, and LHV don't accept us citizen, FACTA is very brutal.