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Originally Posted by Webby
Agree! Just thinking... tho there are always workarounds - if ya actually operated a corp here and that showed profits - there are taxes due locally on these profits fuzebox?
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You only pay taxes on money made from within the country. If your income comes from the USA you don't pay taxes on it. You do however have to file an earnings/assets report with the government and pay a filing fee of 1200 colones or something.
My experience with the banks here though is that because of so many years of money laundering and stuff (especially when the online casinos were bigger here), they don't hand out international debit cards easily, making it kind of useless as a foreign bank.