Seek help for new offshore company in Panama?

[Cloudbanck]

But back to the issue at hand. If the case isnt appealed or the court‌ has ordered immediate execution, then the creditors can apply to the state enforcement agency ("Kronofogden").‍

Kronofogden registers the case and sends the debtor a demand to pay within normally two⁠ weeks. If nothing happens, enforcement starts.
Kronofogden pulls data automatically within Sweden:

• Salary, pensions,⁤ benefits → Swedish Tax Agency and employer.
• Bank and investment accounts → full banking⁣ register (manual request if crypto, that goes to swedish and international exchanges)
• Cars, boats⁢ → Swedish Transport Agency.
• Real estate → Land Registry (Lantmäteriet).
• Tax refunds, sick-pay︀ receivables, private debts owed to the debtor.

The debtor is also obliged to fill in︁ a statement of means; false or missing information is a criminal offence.

Then to enforce︂ Kronofogden can do:

• Wage garnishment (above existence minimum, but typically 10%-30% of net pay)︃
• Bank-account seizure
• Moveable-property seizure (Cars, boats, valuable household goods, crypto hardware wallets, etc)︄
• Real-estate attachment: Kronofogden registers a distraint notice, then auctions the property
• Shareholder seizure︅ If the debtor owns a Swedish limited company, the shares can be taken and liquidated.︆

Kronofogden's powers stop at the border, but they can question the debtor under oath about︇ where the assets are, and lying is a criminal offence, and the transcript can be︈ used abroad.

And then there are conventions that can trigger local enforcement in the EU︉ + Norway, Iceland, Switzerland, and bileteral treaties with the US, Canada, India. For countries with︊ no convention, and no treaties, then the creditor needs to sue in that country which︋ is expensive and complicated (and the creditor needs to know which country).

 

[Cloudbanck]

So OP can put the funds in Panama or a Nevis Trust or something, and‌ they will probably not be found, unless OP tells authorities. But it doesnt entirely solve‍ the problem, since Kronofogden can garnish OPs wages (for many years), and sell his property⁠ (incl primary property), and take movable assets until the creditors have gotten their amount.

Statute of limitation is 10 years by the way.

 

[Sols]

As long as you live in Sweden, you are subject to Swedish law.⁠

The fact that you have a court order against you already makes any trust, foundation,⁤ or similar action created now fraudulent at its core. That makes the structure vulnerable and⁣ while still difficult to pursue, it's not as strong as if you had acted earlier.⁢ The time to take action was years ago, before the court ruled against you.

If you hide your money in Panama, you're probably breaking the law.

Sweden does not have a jury system.︂ Instead, Sweden uses a system of political appointees. They are supposed to be independent legal︃ experts but reality is quite different.

Swedish courts aren't corrupt because corruption implies there is︄ a good system being overtaken by malicious actors. You can't corrupt a system that's flawed︅ from the very foundation.

As mentioned above, that trust/foundation would be created on fraudulent grounds︈ and he'd run into conveyance issues if someone pursues the matter in Panamanian or Nevis︉ courts. These are one of few those grounds upon which a trust can be pierced.︊ It's a hassle, especially in Nevis, but it can be done.

That's the case now already. As soon as they know︎ about the money, they can make claims to get the money or simply make OP's️ life quite miserable until he coughs up.

Paying up or leaving Sweden seem like the‌ only sensible options.

 

[JackAlabama]

how do the no go zones fit in this? 😉

 

[HardRJones]

Three things:

1) You have to deal with the here and now. Should haves or‌ could haves from some imaginary point of departure in the past don’t help you.

2) Corrupt or not, just or not, they worked the system and now have an official-looking‍ paper backed by the guns of the local government. You can either concede, work the⁠ system harder than them and make it go away, or remove yourself from the system.⁤ That’s true for Sweden, Pakistan, or the worst Central American banana republic.

3) Sweden has⁣ some reach, albeit not as much as the US. If they can find you or⁢ your assets, they will use every lever they can against either. If you don’t choose︀ one of the first two options in 2), then you need to make both yourself︁ and your assets difficult to find and too expensive to come after. That means leaving︂ Sweden because, as mentioned, you are now on the wrong side of the law in︃ Sweden and you are every bit as much of a target as your assets.

 

[HardRJones]

The above said, now think of places you can go to make things more than‌ 400000€ worth of difficult for Sweden to pursue and ways you can get there without‍ leaving much of a trail.

 

[Cloudbanck]

Most of Latam probably works,⁠ Africa of course, and I guess the non EU parts of the Balkans and most⁤ of Southeast Asia.

400k EUR isn't that much, and dealing with legal systems in banana⁣ repupulics is not easy and not cheap, assuming the creditors know where you are or⁢ where the money is (which you can obfuscate).

Joachim Posener was super high profile, had︀ 100s of millions , and he still managed to stay away (was in Israel I︁ think).

 

[upsala]

I came to the same conclusion after talking to a Swedish lawyer. Thanks for your help.⁣ But if I move to a country where I don’t have to declare where I’m⁢ coming from, and they don’t disclose that I live there either, then I think I︀ could escape this whole mess.

 

[intlman]

@upsala heed this advice:

 

[binlorden]

You like movies @intlman - good movie 😎

 

[upsala]

I have approached a few providers of Panama companies. I have doubts if @Fred can help ?

 

[CoinMaster]

If he‌ is able to help you, you don't need to have any doubts. Make sure to‍ agree to an TAT.

Beside that, if you can get a strong Panama company setup⁠ with banking, I think it could be good for what you are looking for.