Search results

Since it is no longer enough to simply register an offshore nominee company to hold your assets as per CRS the beneficiaries will be reported to their respective jurisdictions... isn't the right solution simply acquiring a second passport and residency permit in a tax friendly country and using...

Imagine a scenario: Let's say an individual (non-US person) is holding ETFs and cash assets at stock brokers and crypto exchanges in his name (as an individual). Goal is to transfer these holdings (ETFs and cash) to offshore company or trust that would be obfuscated and open a brokerage account...

Anyone heard about strategy where beneficiary buys tax residency docs from various countries, so CRS data gets reported to a different jurisdiction? Does this still work and which jurisdictions sell these docs?

Anyone have any idea? Apart from InteractiveBrokers. Is there something like Robinhood for EU people?

So if institutions share the data digitally across the world with your jurisdiction, wouldn't a way to fix it be just indicating incorrect information? For example this could work for EMIs like PayPal. Just indicate a slightly different personal ID code or something like that. What do you think?

Where do I order a SIM card with US or UK phone that provides phone number with EU coverage?

Is there a way to get US or UK sim card that works outside US?

Let's say one family member wants to transfer the stocks they hold in a stock broker to another person (father / mother). How can this be done?

Recently PaySafe collaborated with Coinbase to issue debit cards where you can spend coinbase crypto with a card. Wondered if PaySafe shares this information in connection to CRS?

Theoretically if one was to indicate a slightly different personal code, address and other identifiable data that wouldn't be recognisable by local IRS, but would be sufficient to open account in brokers, banks and what not...wouldn't that be good circumvention?

Somewhere I read that new UK situation will allow to better hide wealth in UK. Is this true? If one holds a stock broker account in UK broker right now do they share info? What it is a corporate account in stock broker instead? What about UK banks? Need advice on best tax efficient method to...

Apart from ATM withdrawals what other methods of getting cash from offshore bank accounts are there?

I am wondering can a foreign individual from Europe open a personal bank account in US when visiting US? And if yes, which banks would you recommend?

Georgia, Armenia, Serbia, Montenegro, Macedonia , Philippines, Cambodia - all of these have not signed CRS. Are there any good bank accounts or EMIs you would recommend both as offshore company corporate bank account AND a personal account? If yes, which banks or EMIs would you recommend and...

Let's say you register two companies: 1. Company A in Caymans or another 0% tax jurisdiction that you are sole beneficiary of. 2. Company B in your local country that you are sole beneficiary of. 3. Offshore bank account for Company A. 4. Local bank account for Company B. Your local Company B...

Is UK banks bound under CRS of AEOI reporting only balances of accounts that are active or closed accounts? Do they report closed accounts? Do they report ending balances or turnover? Because if they report closed accounts then it would be smart closing accounts such as EMIs who use UK bank...

It seems that USA have been exerting their influence on numerous EU countries and after Latvia Cyprus might be next to restrict bank accounts for offshore corporations especially those with Russian beneficiaries. Can anyone give more detailed input on this issue?

Anyone can recommend a bank that will open account for Seychelles company with Russian beneficiary in Europe, in a OECD country?

Looking for bank in Europe where to open account quick for Seychelles offshore company. Need to transfer money from Rietumu Bank to this new account in name of same company. Any recommendations?

Are there any EMIs that allow you to get debit cards not on your name (custom name on card)? For personal accounts not business.