Payment system for receiving small incomes

[pdba]

Hello, I recently moved to the EU and I have an official full-time job, but visa conditions do not allow me to have some additional part-time job.
At the same time, I have customers from outside the EU with which I have signed a freelance contract. So I'd like to ask if someone can probably might help me with advice how could I start receive payments. I can't use EU banks and bank accounts, and, if we are talking about popular payment systems (PayPal, Wise etc) - I'm not sure that they do not report to officials, even if I don't withdraw money to a bank and pay online. Crypto is not an option either, only SWIFT and card-to-card. Any ideas?

 

[nzkwo]

If it is small amounts nobody will care honestly

 

[pdba]

If it is small amounts nobody will care honestly

>1500 EUR, each month
Small I mean - not billions

 

[Setox]

Did you create the PayPal & wise accounts in your home country or EU ?

 

[pdba]

Did you create the PayPal & wise accounts in your home country or EU ?

Excellent question. I have neither PayPal nor Wise, and I believe that both are under control and both have to report to CRS (Common Reporting Standard). But I'm not 100% sure

 

[Setox]

Excellent question. I have neither PayPal nor Wise, and I believe that both are under control and both have to report to CRS (Common Reporting Standard). But I'm not 100% sure

Since you still have your home country identifications, why not use a VPN and create one from your home country, even If your country is in OECD-CRS, the procedure is still too complicated.
You can also ask a relative to create a Wise account for you, use it to work and then you can send money to yourself under a "Family Funds" through CashPickup, you are not allowed to have a part-time job but not declined from receiving money at all.

 

[pdba]

Since you still have your home country identifications, why not use a VPN and create one from your home country, even If your country is in OECD-CRS, the procedure is still too complicated.
You can also ask a relative to create a Wise account for you, use it to work and then you can send money to yourself under a "Family Funds" through CashPickup, you are not allowed to have a part-time job but not declined from receiving money at all.

Thanks, good idea. Also it would be nice to know more about how that OECD works and what triggers them, regarding Wise, Paxum, other semi-offshore and less-known payment systems and so on

 

[pdba]

One more stupid question. Wise supports multi-currency accounts. If I receive payments in USD and not in EUR (its address is somewhere in NY), how does it reduce my risks