EMI - getting paid for job without worrying about tax

[MarioMico]

I just got a remote job in the US as a citizen of the EU.‌
I'm looking for EMI (?) which could provide a USD account I can give to‍ my employer so there is no trace of it in my country.
Looking at how⁠ many transactions are "in the system" I doubt someone will ever check it, so it⁤ is just a matter of reporting.

Any service you can recommend?

I know I can⁣ change my residence, I'm working on it. Need some short-term solution for 5-6 months 10-15k⁢ USD on a monthly basis.

 

[lostguy]

You want to check this
https://www.offshorecorptalk.com/threads/receiving-usd-from-georgia-which-emi-bank-to-use.36954/

 

[MarioMico]

so is see Wise‌ and Nuri are leading.
I'm not able to follow with Wise as I have "history"‍ there. I'll try Nuri.

If anyone here has some other recommendations, please comment 🙂

I'd like⁠ to find some service where I won't be chased for getting 10k incoming transfer nor⁤ they will share it with my country.

 

[Jerry1911]

Payoneer provides USD details but not sure if they report or not.

 

[Larin]

If the ultimate goal of⁢ providing such an account is not to pay tax on the money where you are︀ legally required to do so, that is straight up tax evasion. Given that in the︁ modern world everything is interconnected and CRS rules are in place for much of it,︂ I would advise against it. Especially since there are plenty of legal ways to minimise︃ your tax liabilities (running it through a company, moving, etc.). I know that is not︄ the original question, but maybe this post will stop you from committing a crime.

 

[MarioMico]

no s**t sherlock. thanks for nothing.︀

 

[Forester]

All the operations like checking and reporting are done by machines, so in fact it does‍ not depend on the number of transactions processed. The only question is whether your taxman⁠ is lazy or not to process further with the data in the system (it depends⁤ remarkably on the particular EU country).
You can be (from this point of view) safe only with the service in⁢ non-AEOI/CRS and non-FATCA country. Otherwise, all banks report automatically, there is some uncertainity about EMI's︀ (it depends on the country of registration, too).
The ultimate and only safe solution.︂
Be prepared that it can work – and it can fail as︄ well.
Nuri is a German company, so they are very opened for a cooperation with state institutions.︆
Except from non-AEOI/CRS and non-FATCA countries, it can happen anywhere. Generally, Lithuanian EMI's tend to be︈ more covering than any other. I am not very well oriented there but for example︉ (there is ~70-80 EMI's) Paysera and Bankera are used frequently.

P.S.
I know personally about︊ a few cases when EU citizens were (retroactively) politely asked about paying the taxes for︋ low 4 figures USD amounts they had obtained from their US remote employer to their︌ US accounts.