Armenia starts exchanging tax information under OECD by 2025?

[Martin Everson]

What are your honest thoughts of Armenia for banking for foreign owned company ?

For me Armenia died after I introduced people on this forum to Ameriabank then within days [back then] they stopped taking remote openings...bad coincidence I hope . No idea what Armenia is like today for banking or requirements as it fell of my radar. Back then it was ok. Banks like Ameriabank had a nice IB white label trading platform if I remember for trading via a company.

If you find a bank there willing to open a company account then worth a try. But not sure there is any compelling reason today to bank there.

 

[jafo]

bad coincidence I hope

I "envy" your trust in the "system."

 

[fighthorse]

Yup...but not sure how many people keep an offshore account in Armenia these days anyway.

If this would not change I would have opened an account there to get some sort of piece.

 

[jafo]

If this would not change I would have opened an account there to get some sort of piece.

You can still open the account.... if, e.g., they accept residencies outside Europe and North America.

 

[cuno]

Start here and keep going down the rabbit hole: Dual Citizenship: What's the Real Advantage of Holding Two Passports?

thank you, will read.

You can still open the account.... if, e.g., they accept residencies outside Europe and North America.

but there are no benefits any longer right?

 

[AlicaFunk]

What a choice you present...lol. Compared to Bermuda it is.

Didn't had other choices in mind.

 

[jafo]

but there are no benefits any longer right?

. if, e.g., they accept residencies outside Europe and North America

This says it all. Think this through! Invert the problem!

 

[cuno]

ahh so you say if you have an entity outside EU and Europe it's well worth to work with ?