Best Bank Account

[GIOBBI4]

My friend, I should leave my country but I have fear, I have a very small business and an elderly mother to look after, running away is possible but the leap into the dark in my head is not yet contemplated. I suffer everything. I have send a message to our Captain. We all suffer discrimination, our rulers accepted and allow the giants of the economy to be zero-taxed, while the middle can't.
We are free without freedom. thank you Giobbi4

 

[Fulton Abraham Sanchez]

GIOBBI4 said:
Hello FAS , Antigua's banks are safe? I would like to open an account in Antigua but I always have doubts...can you help me? thank you Giobbi
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Antigua is an established offshore legislation, remember that holding funds in any bank represent risk, even more offshore where there is no deposit protection like in the USA.

 

[Davis123]

FAS said:
Antigua is an established offshore legislation, remember that holding funds in any bank represent risk, even more offshore where there is no deposit protection like in the USA.
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USA has only 250k usd per account not more than that. If you have 500k in one account you loose 250k. . Singapore banks are the best in the world. Too bad they don't work with average ac holders especially from EU or USA, Canada.

 

[Davis123]

RalphG said:
EMIs are the best bet, they have looser regulations than real banks and can be set up in several ways
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The question is do you trust those EMIs than conventional banks for your deposits ? They can be wrapped up in a matter of a day if someone wants to evaporate. Traditional banks are more secured but I wouldn't trust Carribean banks for anything. Better to pay taxes and report them than loose my hard earned money.

 

[Fred]

As already mentioned before.

If you are resident and citizen of Italy, France or Spain - a Bank Account in Antigua is worthless.

You will be reported at the end of the year under CRS.

This can be changed with a Dubai Company formation that grants you the residence Visa.

Take a look at this to understand - it's considered residence by investment from the OECD:
https://www.oecd.org/tax/automatic-...sistance/residence-citizenship-by-investment/

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