Advcash withdrawal to avoid CRS?

[banafinfodafuggiano]

Hello,

I live in a high tax country, I am working on setting up my profitable business with a local tax advisor but it will take months due to the complexity of my business.

Meanwhile, I need to eat and pay bills. I have a good amount of cryptos in my crypto wallets. If I move these cryptos to the Advcash account and then withdraw
the money in my city from an ATM, will I risk anything?

I heard some countries check the names of the people that withdraw from ATMs with foreign cards...

 

[VESTANON]

adv would be the way to go, though which city do you currently live in,‌ as per your statement on atm restrictions?

..AFAIK if its a branded MC,visa,DC, etc work‍ at universal atms globally.

 

[Spinat]

it works fine, up to 2500 euro per day and up to⁤ 50K euro per year. You can get it lifted if you speak with them or⁣ turn your account into a business account.

 

[banafinfodafuggiano]

I understand , but , for⁠ TAX reasons, I heard that some countries monitor the people that withdraw money from ATMs⁤ with foreign cards and match them with the names of their resident citizens to cross⁣ check tax returns?

 

[boomy]

they may do that, so you can find yourself to be lucky to already have upgraded⁠ to the mentor group gold and can find the same information as I found to⁤ avoid exactly this to happen 😀

 

[banafinfodafuggiano]

do you have a⁠ direct link to this solution? can't find much, yes I am a mentor gold member.⁤

 

[boomy]

we are not allowed to discuss‍ all this outside of the mentor group.. open a thread inside and tag me so⁠ I will show you. You must be blind if you can't see it ja334¤¤#

 

[myhand]

Did you get it closer to⁠ what to do here in this case?