What are the possibilities for me?

[Tomy223]

@Martin Everson What do you think??

 

[Martin Everson]

Tomy223 said:
@Martin Everson What do you think??
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If you mean to your original question below.....

Tomy223 said:
I am citizen and resident of a country that's non crs, non oecd, non aeoi.

What would you do if you were me?
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I would throw a party and celebrate. Whats the weather like in North Korea then?

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[Tomy223]

Martin Everson said:
If you mean to your original question below.....



I would throw a party and celebrate. Whats the weather like in North Korea then?
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I am not in North Korea. Just bigger version of Bahamas. I was bit worried about trying old style Seychelles company.

 

[scooterguy]

Tomy223 said:
I am not in North Korea. Just bigger version of Bahamas.
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Philippines?

The problem with your plan is that sooner or later CRS will be adopted by all countries. Better to have a plan with a more solid long-term outlook, which might imply moving somewhere else in certain cases (at least for most of the year).

P.S. My country doesn't charge taxes for foreign income but money must be remitted to local bank account and I
dislike doing it because of capital controls
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I don't think any countries force you to remit the money to a local bank, although some do have high wealth taxes for foreign assets. But you can't really be forced to remit back to local bank account, otherwise no one could have businesses outside.