To declare or not to declare

[newNomad]

Now I see why so much discussion about CRS and⁠ diverting the report to a 3rd party jurisdiction or at least avoiding getting reported to⁤ 'home' jurisdiction..

 

[Konstanz]

Yes, this is simply technical thing. Especially if you are CITIZEN of Italy.‍ Italy will definetly get some information through CRS. They will see that you do not⁠ declare any income in Italy. So , they will ask to proove everything that you⁤ don't need to declare. Also probably they will check some years back.

What country are⁣ you moving to?

 

[ilpablo]

I'm not even considering to be in that position that i can't come back︂ to my own country for this reason

 

[legrant]

Then, you already know‍ the answer to your question. Pay your taxes and then go wherever you want to⁠ go

 

[newNomad]

just to be precise, not that the OP cannot return to Italy, of course he‌ can even hang around, vote, go to the beach, even probably have a single main‍ house and furniture on his name. but cannot own OTHER property / stocks /cash as⁠ it would be seized

 

[legrant]

Main house bills have to be⁤ paid, they'll get the money from there

 

[uplana]

better go the Dubai way don't⁤ you think?