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Is this how you avoid CRS?

What stops anyone from doing this type of set up to keep funds safe and avoid CRS reports in your current residency country?


1) Open bank accounts in country A and deposit funds in that bank account

2) Move abroad to country B without notifying country A, change your own personal name in country B to something totally different and get a new passport with the new name

3) Keep earning money in country A with the old bank account and never get reported in country B for the above mentioned reasons? (change of name + never reported moving out the country)
Banks require you to update your information every year and often supply documents.

Also, Bitcoin solves all of this.
 
By getting a second passport through investment and renting /buying a property and getting a utility bill on that property. Many countries in the Caribbean you also get a Tax ID and a Drivers License. Use these documents to open Bank account in any other country of residence( in case you don't want a Caribbean bank account). Bank only ask you for your passport, it doesn't matter from where you are.
What will happen when they ask you for your residence and want proof or residence documentation?

An easier way, get residency in a 0% tax country, open bank accounts and show the residency of that country. CRS reporting goes to the 0% tax country, which doesn't matter. Case closed.
Which are such countries that work as of 2021?
 

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