Tom | The Structure

Paraguay 🇵🇾 tax residency + Hong Kong 🇭🇰 company + bank accounts in Kyrgyzstan 🇰🇬 & Georgia 🇬🇪
= THE STRUCTURE we provide

[Tom | The Structure @tbracko]

How a single €300k agency owner can structure legally: Paraguay residency, a remote Hong Kong company, and a clean exit.

Plus the 5 traps that break it 🧵

[Tom | The Structure @tbracko]

@optionalityrep @MyLatinLife Fair on bigger balances. Airwallex runs the day-to-day for the company. Once it has some history and turnover, adding a traditional HK bank gets easier, though they'll require a personal visit. That's where reserves sit. Personal money stays in Georgia.

[Tom | The Structure @tbracko]

@optionalityrep @MyLatinLife Yes, I've opened all three myself, each with help from a local proxy. Airwallex for the HK company was fully remote with no issues, and it's a proper account with USD, HKD, GBP and EUR. Kyrgyzstan and Georgia I use for personal banking, both opened remotely the same way.

[Tom | The Structure @tbracko]

@harsh_vardhhan Can confirm on the cafés. What most Western nomads miss is the tax side. Eight months on tourist stamps doesn't make you non-resident at home. You need a real tax residency somewhere and a clean exit, or home still owns your income.

[Tom | The Structure @tbracko]

@WealthyExpat The same mistake happens on the other side too. A new residency doesn't end the old one. Plenty of Europeans hold a Gulf visa and are still taxed at home because the flat and the company never moved. Both halves have to happen.

[Tom | The Structure @tbracko]

Most EU founders don't have a tax problem. They have a leaving problem.

They research 0% countries for months, then keep the flat, the company and the home bank "just in case." That's what keeps them taxable.

What's holding you back: paperwork, banking, or family?

[Tom | The Structure @tbracko]

@hispanicnomad @TimStone84 Nomad with a home base is the best version anyway. Somewhere to come back to, and a tax residency that doesn't depend on where the suitcase is.

[Tom | The Structure @tbracko]

@VanIstendaelD Not quite. HK costs more because a yearly audit is mandatory, about 1.5k a year all in, versus a few hundred for an LLC. At €150k+ profit that pays for itself quickly. DM me and I'll send you a rough breakdown.

[Tom | The Structure @tbracko]

How a single €300k agency owner can structure legally: Paraguay residency, a remote Hong Kong company, and a clean exit.

Plus the 5 traps that break it 🧵

[Tom | The Structure @tbracko]

@hispanicnomad Fair. If it's Madrid for good, time the move: Spain has no split year, so arrive in the wrong month and that whole year's worldwide income is Spain's. The re-entry deserves as much planning as the exit.

[Tom | The Structure @tbracko]

A US LLC is usually tax-transparent: the profit is treated as yours personally, so your country of residence taxes it. A HK company is its own taxpayer: offshore profits can sit at 0%, and dividends to a Paraguay resident count as foreign income. Happy to walk you through it in DM.

[Tom | The Structure @tbracko]

@TheJerzWay Same trap with Hong Kong. Offshore profits can sit at 0% — until you manage the company from Berlin or Paris and the old country argues management and control. Company law and residency have to match, or neither helps.

[Tom | The Structure @tbracko]

@WealthyExpat Agreed on options. For single €150k+ consultants the Plan B that moves the needle isn’t just a second passport — it’s a real tax residency switch plus a clean cut from home. Paper without the exit still leaves you paying European rates.

[Tom | The Structure @tbracko]

@PhantomStays This is the version that actually works: Paraguay as the tax base, life wherever the surf is good, and the company doing the heavy lifting. Most EU founders try to copy the lifestyle without the clean exit — that’s where it breaks.

[Tom | The Structure @tbracko]

@Movid75 @KJJTax Exactly. Paying later with penalties beats “saving” it until they reconstruct the file.

[Tom | The Structure @tbracko]

@tobiassp10 Good questions. I'd add one more: can I leave cleanly? People pick the new country in a weekend and then spend a year untangling the old one. The exit is usually the harder half.

[Tom | The Structure @tbracko]

@abogadobeni Y ojo con el destino. Si te vas a un país que Hacienda considera paraíso fiscal, sigues tributando en España el año del cambio y cuatro más. Antes de elegir dónde ir, mira esa lista.

[Tom | The Structure @tbracko]

@optionalityrep Underrated point. The second residency often matters more for banking than for living. A foreign tax ID plus a non-resident account somewhere like Georgia gives you options your home bank never will.

[Tom | The Structure @tbracko]

@tobiassp10 Before you leave, check the exit. France taxes unrealised gains on company shares when you go, and now wants crypto above €800k in too. Plan the move a year ahead and it's manageable. Leave in a rush and it's expensive.

[Tom | The Structure @tbracko]

@ricardogorski The exit tax on crypto is the one to watch. Once it's in, leaving later costs you more than leaving early. Anyone sitting on big unrealised gains in France should be planning the move now, not after the vote.