Hi guys, could anyone point me to more information or enlighten me, on what is the current situation on safety deposit boxes in Europe? I want to protect myself for a limited period (just one year) against a possible lawsuit. I was looking at a lot of options, and perhaps the safest is just to withdraw all the money and just deposit it in safety deposit boxes until it clears over. Apart from advice on that strategy, could someone tell me what would happen if I would open a safety deposit box in the UK for example? Seems the most interesting option right now, with the brexit looming, so perhaps there is not that much communication.. There are many companies offering safety deposit boxes all over europe and the uk, but the best ones (that are not banks) require also proof of id and utility bill, does this mean this information also gets reported somewhere?
I do not know what kind of power civil courts have, if somehow this person gets a judgment against me in a civil court, can he use the same information the tax authorities have? I just want it to be safe from this person. And just to clarify the situation. The money right now is 100% legal, all taxes paid, there is no court order or anything, but I feel it might be coming, and I want to be ahead of the storm. I have a clear strategy, but it can only work within a years time, so I need something that gets me trough this one year period.
I do not know what kind of power civil courts have, if somehow this person gets a judgment against me in a civil court, can he use the same information the tax authorities have? I just want it to be safe from this person. And just to clarify the situation. The money right now is 100% legal, all taxes paid, there is no court order or anything, but I feel it might be coming, and I want to be ahead of the storm. I have a clear strategy, but it can only work within a years time, so I need something that gets me trough this one year period.