Thanks!
In Armenia, I need to pay a 10% tax on capital gains and dividends of stocks, even if I am paying taxes in France, correct? If I understand correctly, there is no capital gain tax in Georgia for people that are not a tax resident in Georgia so I would prefer Georgia to Armenia.
Given that Galt&Taggart is owned by Bank of Georgia, they have to report to CRS once Georgia decides to become part of the CRS system from my understanding. However, would a broker like Caucasus Capital also report to CRS, once Georgia becomes part of the CRS system, given they do not belong to a bank?
Can you recommend any brokers in Georgia for a buy and hold investor in terms of security and pricing (no day trading)? What would be the cheapest and savest way to transfer money from France or Germany in Europe to Georgia (normal bank transfer, transferwise etc)?
Interactive brokers in US seems to ask for tax residence when signing up. Don't you think they would report my gains and losses to Germany or France in Europe shared by FACTA?
What about Euro Pacific Bank and their new trading platform? The pricing seems competitive as well. However I read on their homepage "For accounts held by Euro Pacific Securities, Inc. (Global Trading), the required information will be reported to Financial Services Commission (FSC) of the British Virgin Islands." Does this mean there will be information shared with CRS for the trading account and only normal bank accounts have privacy from CRS?