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.
Best Bank Account
- Thread starter Beginner5678
- Start date
- Status
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.
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/
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/
- Status