DLS Dubai - Company Formation & Bank Account
Turner Little - Company Formation Agents
Aston & Williams Offshore Company, Trust and Bank
Gift Card Payment gateway

Best non CRS bank to cash out crypto THIS YEAR

CALL US ON +971 50 4467827 - TO SETUP YOUR NON-CRS COMPANY STRUCTURE IN DUBAI.

Fisiodes

New member
I would like to open a non crs bank account to cash out crypto ~300000 usd value. I would do it this year so i'm searching for a non crs bank this year.
Cheapest banks for making eur transfers?
I was thinking about serbia, montenegro, georgia, for a matter of closeness i prefer montenegro but there banks maybe now want a tie in the country( work , residence) to open account?
 

avalanche

Entrepreneur
I would like to open a non crs bank account to cash out crypto ~300000 usd value. I would do it this year so i'm searching for a non crs bank this year.
Cheapest banks for making eur transfers?
I was thinking about serbia, montenegro, georgia, for a matter of closeness i prefer montenegro but there banks maybe now want a tie in the country( work , residence) to open account?
You may need to work on your source of wealth documentation lol
 

avalanche

Entrepreneur
yes i am curious too can you give us suggestion about the bank? or again is secret?
There is no suggestion I can give. Get proper tax optimization consultant in your country of residence and change your residency before you cash out your crypto. Build legitimate and 100% transparent setup first and pay tax in low tax jurisdiction
 

Fred

Dubai Expat
Mentor Group Gold
Commercial Service
For significant amount of money in Crypto it's affordable to setup a Dubai company together with 2-3 business bank accounts in local retail banks within the UAE.
We have established some good working schemes that the Crypto funds looking like business earnings. The key is that the whole process of the setup is done right. Starting with matching business plan over to the right choice of business license and working with the right banks is the way to go.

As the UAE lifestyle and the "average joe" is a little bit different in Dubai - there are no questions about 100.000 EUR transfers.
The sums you plan to move from Crypto need to fit the economy and society of the chosen country. Significant money shifting from crypto to fiat simply fit with Dubai as a jurisdiction itself. Things changing fast so better go with a long lasting and reliable setup to gain significant wealth and not loosing money to bullshit banks in Belize or Dominica.

Think big - after the cash out with the Dubai Company setup you make appointments with big Banks located in the DIFC here in Dubai. Starting from 1-2m+ they will be happy to onboard you. Next step is getting into some passive managed ETF's like other users here suggesting all the time and enjoying life.
 
Fast Offshore - Company Formations Since 1998
DLS Dubai Company Formation and banking solution
Top