Ethical

[Alfrankenstein]

Will there be any offshore banks that will not report to fatca or ask for source of funds? Will all offshore banks be ethical in this sense? Ethics?

 

[Mssquirrel]

Most report to fatca and the ones that doesn't might steal your⁠ money. If you have a lot of money and want to hide your money from⁤ the US government hire a good tax advisor you can probably buy gold offshore or⁣ create a charity or who knows what else.

 

[Alfrankenstein]

But could a good tax⁤ advisor actually do it? Why would you assume that if an offshore bank who doesnt⁣ report to fatca will steal my money? Buy gold offshore or charity? Please explain...

 

[troubled soul]

Ethics is subjective in finance and offshore world....One country's criminal , May be Angle for‌ some another country....Better to look after your self interest rather than involving in meaningless ethics‍ debates.....I believe regardless of country everything everywhere is a shitshow behind the scenes, always has⁠ been, always will be