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@skypeace No, never. In Germany self-employed persons are not required to pay social security, except self-employed teachers and some other professions.

@keepthesoninyoureyes Thanks! But if the other country where I may move in the future is remittance based, does that mean I will have to pay remittance tax to that new country on the money I transfer to that new country?

@ibloggospel But what kind of tax are you referring to? I have paid income tax on those money already in Germany?

@momsage Thanks for the suggestions! Are you saying I should invest all of the 300k into stocks? I thought the general suggestion was to diversify. Doesn't putting all the money in stocks contradicts the diversification argument? Why not putting some in a saving bank account and earn some interest?

@zjmcdon98 Yeah but breaking the law and badly managing your money are two very different things.

@momsage Yes, I have correctly declared all that income. Any particular reason why you are asking?

@lumatt21 Would N26 be a real bank? I know Revoult is not, but not sure about N26.

@nonkazimulo That's some real solid advice! Thank you! How do you decide when it is the best day to execute the conversion at your bank. The way I understand it the rate of the bank (even when negotiated) is depended on conversion rate of that particular day. I have found myself waiting...

@yochanannorth I am going through all the comments now and yours caught my attention. I like to do it the safe way, so yours is the most attractive solution. You said: What are the benefits of having an international bank? What can a bank like HSBC do that a non-international one such as...

@yochanannorth You're one of the many persons who are recommending not to do that. Why is a local bank account a better way? Why is Recvoult stricter?

@a313931 Sounds promising! What do you do with your Revoult money afterwards? Do they offer a saving account where you can keep your money or do you transfer them from Revoult to a real local bank account?

@linlou I couldn't find a solution. The solution would be to transfer the PayPal balance to a Transferwise USD account, but PayPal only allows transferring to SEPA EUR accounts. I called them too, but no success.

@tammyl Those posts are for the US though and PayPal is not a bank in the US, but in the EU it is.

@starryeyedmarisol Sounds like that happened to you. I can't imagine how much that would piss me off. Yeah, PayPal makes me nervous too.

So, I have 300k USD sitting on my German PayPal. It's money I have earned over the years as a freelancer. Why are the money still there you would ask? Well, because: The money/financing matters stress me out so I preferred to procrastinate and thus did nothing with those money. I was hoping to...