Quote:
Originally Posted by birraiolo
hi, i just moved to malta(gozo) open self employ for reside here and play poker online, but till now no bank seems to agree on let me use their accounts for poker online or gambling in general, how is that possible?? i read it is 100 % legit here and you can pay taxes over your earnings,so where you put your moneyafter you earn it and pay taxes over that?
poker is legit and taxable, yet you
have to open a bank account to tax it
its a pain in the ass, forget the big banks (bov/hsbc) - they will tell you to **** off, even tho they would accept you in other country (eg hsbc in uk)
choose a smaller bank, prove that youre trustworthy by letting them exchange info with your previous bank account holder (back in your country) - if you have a normal money flow in your previous bank it should be enough to open an account here
if you dont have a bank account anywhere else (or its been empty/unused for last years), all you can do is to pick an investment bank, it still gonna be hard as hell, but with a decent starting deposit (25-100k) they will accept you
once you establish an account in investment bank you will have no longer any problem to open in a normal bank (but still the smaller one)