How could it be possible to Invest in Stocks if you don't want your creditors to know?

[kilor]

Do you think this can protect him from creditors not private but government ?

 

[jorge]

Would they share information with my home country in the EU if I stick to stock trading only, or is that something they don’t usually report?

 

[Clank]

They report via CRS to your country of residence (not to your home country), nevertheless there are ways around it if you set up a trust.

You can also give another residence, but this would not be entirely legal.

Nevis is another option that is less costly and requires less maintenance.

 

[jorge]

what would the benefit be here? they also report as I know.

 

[Clank]

The bank is the one who reports not the company jurisdiction.

The benefit of Nevis is that is easier to maintain than a Belize company and offers similar protection.

 

[Propeller]

You don't get protection against creditors and lenders alone by a company, you need to have any money in a bank and most likely have assets in crypto only.

 

[dany]

I’ve looked into something similar myself not because I have creditors or other shady characters after me, but simply because I want maximum privacy. I’ve concluded that crypto and physical gold are the only real options for keeping things discreet.

Otherwise, it would require a corporate setup like the one we’ve discussed many times in Mentor Group Gold, which isn’t a viable route for me with $2 million that I need to put to work.

 

[Revoltec]

List of jurisdictions that got tax information exchange agreements with Cook Islands and others: https://en.m.wikipedia.org/wiki/Tax_information_exchange_agreement

A few of them are missing in the list I noticed, there are more.

The problem is that this setup will give you no anonymity and therefore, what is the point?

How does a trust solve the issue? You mean that in that case, it is unknown who is the owner of the bank account?

I agree. However, can you store gold in a way that you are comfortable with and not risk too much of counter party risk?

 

[redeye]

I’d be foolish to write here on a public forum about how I’ve done it, but it is possible. Mine has been safely placed somewhere for nearly 12 years where no one ever goes. Even if there’s a war or the place gets bombed, the chance of anyone finding it is less than 2%.

 

[dany]

Perhaps you bought one of these bunkers in Mittelburgenland, Austria, which Mouselinie constructed? I could imagine it was a really good place.