Bank Account to avoid CRS

[atari2001]

Hello,
im searching for a personal or business bank account to avoid the crs. I want to receive my funds from freelancer things (100% legal work), but want to avoid that high taxes in my country. Any idea where im able to open that bank account?

 

[Jonny Cage]

Personal bank accounts in Georgia should work for you. Tbc or Bank of georgia

 

[DGTLOTC]

I have an option for you Atari2001

PM me for more details on this bank

 

[atari2001]

I'm not able to sent you a PM.

Personal bank accounts in Georgia should work for you. Tbc or Bank of georgia

I need to fly to georgia or i can open it remotly?

 

[Jonny Cage]

I'm not able to sent you a PM.

I need to fly to georgia or i can open it remotly?

Both are possible. But iin case if remote option, you will need to issue Power of Attorney to a local lawer and send it by snail mail.

 

[Loisir]

so georgia do not share information with others countries ??? mhmmm ...

 

[atari2001]

I contacted both banks and wait now for an answer.
any other banks without crs and option for remotly opening?

 

[atari2001]

Remote opening in Georgia using POA seems more hassle than it's worth in my opinion a personal visit would be much simpler, If you can't visit in person there are still a few options.

Seems to be a bit of buzz around stern bank, Puerto Rico so no crs, remote opening, strict onboarding process.

There's also Euro Pacific Bank in PR however they are very controversial (see the many past threads about them)

Other options for no crs remote opening can be found in Turkish Northern Cyprus, Armenia (Ameriabank), Kyrgyzstan and Serbia.

I read a lot of bad reviews about Euro Pacific Bank. I wrote sternbank already, waiting for an answer.
What about Bosnia?

I would also consider an EMI from your original post it could be useful for your case

sure, but i would prefer to own a debit card or something like that.

 

[clemens]

sure, but i would prefer to own a debit card or something like that.

All EMI's will offer you a debit card i.e. Transferwise, Mister Tango, AdvCash, Revolut and so forth.

 

[atari2001]

And how is it with crs? Is there any EMI without?

 

[unicorn]

All fintechs and EMI's report to CRS according to this article : On the insanity of the European Union and your options to escape it

 

[Silvio]

All fintechs and EMI's report to CRS according to this article : On the insanity of the European Union and your options to escape it

Lots of inaccuracies in this article

 

[clemens]

The 28 EU countries regularly exchange information on account holders. The exchange is made taking into account the address with which you have verified yourself (place of residence) and, unlike the CRS, your nationality as well.

Therefore, all EU accounts, whether private or company accounts, are completely transparent to the tax authorities and to many other agencies.

Exactly, and that is where deep web, darks and what else comes into play to strike back against these thieves.

 

[DGTLOTC]

Montenegro can be a good place to look for what you are talking about

 

[clemens]

Montenegro can be a good place to look for what you are talking about

I'm curious, what makes it different?