As an citizens of the European Union you can't just open a bank account in another EU country without reporting this to your local authorities, also this is automatically done by the bank.
To avoid this you will need to have an Offshore company outside of the EU incorporated, like Seychelles, Belize or BVI and then have this company to open a business bank account in the EU country for example in Cyprus.
Doing it this way it is even legal not to report your income or the account itself.
Above is what I just got informed by some company, is it true?
What do you think?
To avoid this you will need to have an Offshore company outside of the EU incorporated, like Seychelles, Belize or BVI and then have this company to open a business bank account in the EU country for example in Cyprus.
Doing it this way it is even legal not to report your income or the account itself.
Above is what I just got informed by some company, is it true?
What do you think?