Help with choosing country

[80nine]

Hi,

If a person from lets say Sweden would like to open a bankaccount in another country, would it be best to choose a country with dtc agreements with uncertain eoi, or a country with eoi on request?

Sweden - Exchange of Information and tax enforcement
Grey = dtc with uncertain eoi
Yellow = eoi on request

Countries with no eoi would be best but if thats not possible?

Thanks for help

 

[Martin Everson]

Open with a CRS country. Non-CRS countries including US will ultimately be blacklisted by EU‌ so wire transfers will become a pain. DTC countries is pointless as banks don't pay‍ no real interest to make it worthwhile 😀.

Countries with no AEOI apart from US⁠ tend not to be the best place to put your money. Hopefully like most people⁤ you will not end up losing your marbles and going to bankrupt Puerto Rico and⁣ the opaque Euro Pacific Bank to solve AEOI 😕.

There are other none AEOI countries⁢ but only for those who don't take their money seriously 😀.