I feel your situation. I’ve been there, done that.
It is best to incorporate abroad as soon as there is a possibility to make some money online.
Although I have no specific business at the moment of writing this email, I have a single-member LLC in Wyoming that saves me from shitty payment processors and allows me access to a US bank account, PayPal, Stripe, Wise, and others. I use them to receive payments for my freelancing work.
If some of my side projects make it, I have an up and running company and don’t need to think of incorporation.
In the meantime, running the Wyoming LLC is very simple and very cheap.
So, if receiving payments bother you, incorporating abroad is a no-brainer. For non-US solopreneurs, Wyoming LLC and New Mexico LLC are the best options. More on that in some of the next issues.
Let me know if you have any questions. I’ll be happy to respond.
Also, if you anyone who would benefit from a newsletter like this, forward them this issue and this link