aeoi and crs safe jurisdictions

[offtalk]

1.which jurisdiction is best for avoiding aeoi and crs? Is there a way to avoid crs?
2.If a country has reciprocal FATCA agreement with USA what details does USA hand over to that country.
As far as I have understood AEOI list countries will receive cash balance, divident , securities and other investment details but what about the details USA gives back to the country that have a FATCA agreement.
3. If a country is in both AEOI list and FATCA is there any fool proof option for offshroe account?

 

[Internationaloff]

Hello.
Where are you resident? USA?

 

[negon]

There is no option for you if that is what your country is into!

Only thing will be darks and EMI account!

 

[offtalk]

If the person has a llc in delaware(if directly owning ) and has a bank‌ account will US report it to the country of residence under FATCA reciprocal reporting?

 

[offtalk]

no not USA but‌ my country has a reciprocal agreement with US so the US income gets reported to‍ the country

 

[eio15]

From 2018 CRS will‍ cover most common jurisdictions. You should think about more flexible solution(tax residency in UAE, Paraguay⁠ or Panama) if you have normal business. If not, you should read about dark.

 

[offtalk]

rak freezone company with residence visa will solve the issue? How much will it cost‌ to for the rak freezone company and visa?

 

[diablo]

It does‍ but you need to consider that it's very expensive to take that step!