That's of the best setups I have seen and be operating for privacy purposes. Foundation in the Seychelles and a Trust fully operated by 3rd party in Cyprus!
I totally agree with you, if you have the budget to setup a Foundation and trust and from there operate your regular IBC's it makes everything much more flexible in tax and privacy matters,
I'm not going to reveal what setup I have exactly, but the total costs for it is roughly 8000 Euro was a Little difficult to get setup even if I got great support from Admin's sales support. Today I'm happy to have spend time & Money on it!
The Trust & Foundation model in the Seychelles is one of the tightest and best setups to stay anonymous overall!! I have yet to see something that will be better dind't find it so far.
It's working indeed pretty good and was "easy" to setup compared to other offshore jurisdictions. Only the costs are pretty high if you ask me I find it a little over priced anyway I'm happy 🙂
Panama as an offshore jurisdiction seems indeed to be over. Some may want to look into different jurisdictions like Anguilla, Costa Rica, Seychelles and so on. There are still offshore jurisdictions worth to look into.
Now it is defiantly over anyone still speculating in the Panama company formation is either stupid or lives under a rock. With all what is going on there I wouldn't at all costs avoid this offshore jurisdiction, it is dead finally!